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.

Kurdistan expects to supply Iraq's crude market with 230,000 bpd of crude once exports resume. Iraq is OPEC's second-biggest oil producer. Concern about a global oil glut is negative for crude prices.

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 ...

A report by the State Bank of India (SBI) said India could consider buying oil from Iraq, its top supplier before the Ukraine ...

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

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