Indian Oil Corp (IOC) is seeking high-sulphur oil from the spot market in its first sour crude import tender since March 2022 ...

BP is cutting 4,700 jobs and 3,000 contractor roles as part of a drive to "simplify and focus" the oil giant, it said on ...

India's palm oil imports are set to plunge to a near five-year low in January, hit by negative refining margins as the ...

Indian Oil Corp (IOC) , the country's top refiner by capacity, is seeking to buy high-sulphur oil through spot tenders, its ...

Oil prices were edging lower, but remain supported by concerns about the effect of U.S. sanctions on Russian flows and a ...

Oil futures settled higher Wednesday, finding support after snapping a three-day winning streak that had been driven in part ...

US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...

U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while ...

The International Energy Agency anticipates an acceleration in global oil-demand growth this year on lower prices and an ...

The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as ...

In the U.S., energy policies can change dramatically with each new president, creating a lot of uncertainty for industries ...

Administrations can only do so much when it comes to global supply and demand dynamics, and there is probably going to be ...