Chinese state-controlled refining giant Sinopec has returned to buying Russian crude oil after halting purchases last month due to concerns about the U.S. sanctions on Russia’s oil trade and ...

U.S. crude oil production has surged to 13.5 million barrels per day, adding significant supply to the global market. Since 2005, when Chinese growth peaks, crude oil prices often peak about a ...

US crude oil has fallen more than 22% since peaking in January. Oil extended its losses on Wednesday even as tariff pressures ...

In the summer of 2010, panic spread across the region when the Deepwater Horizon oil rig exploded​ in the Gulf.

Crude oil futures traded marginally higher on Thursday morning after witnessing more than 2 per cent decline on Wednesday. At 9.56 am on Thursday, June Brent oil futures were at $66.17 ...

Crude oil completed a $10.08 or 18.3% rally from the recent $55.23 trend low as of Wednesday’s high of $65.32. Subsequently, sellers took control for the remainer of the day leading to a bearish ...

The light sweet crude oil market initially tried to rally during the trading session on Friday but then turned around to fall pretty significantly. The market is still very much in the same range ...

U.S. crude oil inventories rose for a fourth consecutive week amid higher net imports, while refineries ramped up their capacity use, according to data released Wednesday by the U.S. Energy ...

Crude oil stocks, not including the SPR, stood at 443.1 million barrels on April 18, according to the U.S. Energy Information Administration. Image by mesh cube via iStock U.S. commercial crude ...

especially compared to the continual U.S. campaign to bring Iranian oil exports to zero. Russia is boosting its crude oil exports, with shipments to China and India rebounding as traders and ...

Crude oil prices were down last week. The Brent crude oil futures on the Intercontinental Exchange (ICE) ($65.80/barrel) lost 3.2 per cent. Whereas the crude oil futures on the MCX (₹5,396 ...