Unless Western governments are ready to accept higher prices, Russia, Venezuela and Iran will continue to evade sanctions.

West Texas Intermediate traded above $72 a barrel after climbing nearly 2% on Monday, while Brent closed higher for a second ...

The temporary crisis in the edible oil market will be resolved within a few days, Commerce Adviser Sk Bashir Uddin said yesterday.

Highlighting that India has diversified its sources of oil supply for cheaper purchases, Union Petroleum and Natural Gas ...

With domestic production covering just 10% of edible oil demand, Bangladesh relies heavily on imports. Moreover, a few conglomerates dominating the market raises concerns over competition and consumer ...

WTI crude oil remains under pressure, while natural gas bounces off strong support and shows signs of a potential recovery.

Oil and Natural Gas Corporation (ONGC) and bp have signed a contract under which bp will serve as the Technical Services Provider (TSP) for the Mumbai High field, India's largest and most prolific ...

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

Europe’s Oil Market Flashes Price Weakness on Refinery Halts Major crudes in North Sea, Mediterranean markets fall sharply Light, sweet supply set to rise as new streams come online ...

Singapore's 380-cst high-sulphur fuel oil (HSFO)/Brent crack for March reached a discount of about 70 cents a barrel in Wednesday morning trade, according to market sources. Cracks compared over ...

Crude oil price rallied to a 12-week high on Monday amid renewed hopes over the commodity’s demand in the new year. While it ...

Oil prices rose marginally in early Asian trade on Friday but were on track for a third straight week of decline, hurt by U.S ...