The price of some Middle Eastern oil grades strengthened in the final week of December on robust demand from Asian refiners, after barrels from Iran and Russia became sparse and more expensive.

Reduced oil supply from Iran and Russia due to U.S. sanctions and pressure from OPEC+ is causing a surge in prices for Middle Eastern crudes.

Oil prices edged higher on Wednesday over heightened Middle East tensions as Israel continued to attack Lebanon despite a cease-fire deal and the prospect of OPEC+ extending supply cuts.

India's BPCL is buying less Russian crude oil and looking to the Middle East for alternatives due to recent supply shortfalls ...

Contractor looking to further boost workforce after securing jobs in Iraq, Kuwait, Oman, Qatar, Saudi Arabia and UAE ...

U.S. and global benchmark oil futures on Tuesday finished modestly ... in Syria over the weekend raised some risks surrounding Middle East supplies, and as a pledge by China’s Politburo to ...

Türkiye, Turkish firms to play key role in rebuilding of Syria by revitalizing oil business, says head of energy research ...

NEW DELHI, Dec 23 (Reuters) - India's November crude imports showed Middle Eastern oil at a 9-month high while Russia accounted for its smallest share in three quarters, ship tracking data ...

of Russian crude oil, down by 13% from October, according to ship-tracking data that Reuters has obtained from sources. At the same time, imports from the Middle East into India, the world’s ...

The fall of Syrian President Bashar Al Assad’s regime has triggered wider uncertainty in the Middle East and pushed oil prices higher ... and risk Syria becoming a field for regional competition ...

Oil prices gained over 1% on Monday, rebounding from recent losses as markets digested signals of monetary policy easing in China and geopolitical developments in the Middle East. Traders remain ...