The edible oil crisis in Bangladesh escalates as soaring prices, supply shortages and allegations of market manipulation fuel ...

The political and economic background is important to understand what’s coming next in the black market for oil. The ...

The interim government has imposed a 25 percent export duty on rice bran oil, following unsuccessful efforts to stabilise ...

Oil companies cheered Trump’s recent calls for a more streamlined process and a series of energy-related executive orders he ...

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 ...

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

"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.

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 ...

Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price ...

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 ...

Trump has announced new tariffs on steel and aluminum, sending oil prices higher despite the potential drop in oil demand the ...