Oil prices fell on Friday and were set for a weekly decline of over 3% on the back of oversupply concerns and uncertainty ...

Oil prices edged higher but were heading for a weekly loss as uncertainty over de-escalating U.S.-China trade war tensions and the threat of oversupply clouded the picture.

Tanker and gas carrier loadings have reportedly been suspended at Africa’s largest refinery. Oil analytics company Kpler ...

Chennai Petroleum Corporation Ltd (CPCL) reported a 25% drop in Q4 net profit due to lower refining margins. The company's ...

Chennai Petroleum Corporation Ltd reported a 25% drop in net profit for the March quarter due to lower refining margins amid softening global oil rates. The company's full fiscal year net profit also ...

Brent futures, however, rose by 43 cents to USD 66.55 pb and West Texas Intermediate (WTI) gained 52 cents to USD 62.79 pb.

Russian insurance companies, including sanctioned firms, are applying for approval in India to cover oil tankers shipping ...

Oil prices were set for a weekly decline of nearly 2% on the back of oversupply concerns and uncertainty around tariff talks ...

The Kuwaiti crude oil price fell US$1.79 during Thursday's trading to reach US$70.38 per barrel (pb), compared with US$72.17 pb the day before, Kuwait Petroleum Corporation said Friday.Brent futures ...

Nigeria's economy, which heavily relies on its oil industry, faces a looming crisis as many barrels scheduled for export in ...

West Texas Intermediate (WTI) Oil price advances on Friday, early in the European session. WTI trades at $62.84 per barrel, up from Thursday’s close at $62.61. Brent Oil Exchange Rate (Brent crude) is ...

Despite the uptick, prices remain on course for a weekly decline due to mounting oversupply concerns fueled by the potential for increased OPEC+, the Organization of the Petroleum Exporting Countries ...