September WTI crude oil (CLU25) on Tuesday closed up +2.50 (+3.75%), and September RBOB gasoline (RBU25) closed up +0.0738 ...

If Iran closes this waterway, the global oil supply would be disrupted and send oil prices higher, analysts said. If oil prices surge, the price of almost everything will go up.

India could see a significant rise in its crude oil import bill, up by USD 9-12 billion, if it ceases importing Russian oil ...

The small Hong Kong-listed company, which produces oil and gas in Pakistan and China's Liaohe oilfield, produces around ...

India's reliance on Russian oil has increased dramatically, reaching 35-40% of total imports, leading to US tariffs and ...

Big Number 30%. That’s how much oil prices could rise, to up to $110 per barrel, if Iran moves to close the Strait and oil flow declines 50% for at least one month, Goldman Sachs cautioned Monday.

India drastically increased its import of Russian oil after the Kremlin invaded Ukraine in 2022, while many other countries ...

Oil traders expect OPEC+ will agree another bumper production increase this weekend, completing the revival of its current tranche of halted supplies.