Created 50 years ago in the wake of the 1972 OPEC oil embargo, the Strategic Petroleum Reserve exists today in a very ...

The Energy Chamber of Trinidad and Tobago says a revitalised Venezuela oil industry could potentially be one source for providing crude oil if the Pointe-a-Pierre refinery is restarted.

GIFT Nifty rises as global markets react to tariffs and record gold prices; track key cues and sector movers today!

West Texas Intermediate steadied near $59 a barrel, which was little changed from the previous close on Friday. The rates did ...

Washington pushes a U.S.-directed revival to rewire PDVSA, reshape investment rules, and pull the country out of Russia and ...

Oil prices rose on Tuesday after better-than-expected economic growth ​data from China lifted demand optimism, with markets ...

According to data firm Kpler, India's imports of Urals crude fell to 929,000 barrels per day in December, the lowest level ...

Oil prices steadied on Monday as civil unrest in Iran subsided, reducing the likelihood of a U.S. attack that could disrupt ...

Despite claims of holding the world’s largest oil reserves, Venezuela’s resources are overwhelmingly extra heavy crude that ...

Mangalore Refinery and Petrochemicals Ltd is exploring purchases of Venezuelan oil as it halts imports of Russian oil to ...

Motorists are facing another round of fuel price increases today, with diesel and kerosene rising for the third straight week ...

Strategic Petroleum Reserve less critical to U.S. security as domestic oil production surges under Trump administration ...