US oil refiners will look to Latin America and the Middle East to replace suddenly more expensive Canadian and Mexican crudes ...

Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and ...

According to the International Renewable Energy Agency (Irena), the Middle East has less than 1 per cent of the world’s ...

Syria is seeking to import oil via local intermediaries after its first post-Assad import tenders garnered little interest ...

The rush to buy replacement cargoes for sanctioned Russian oil has pushed Middle Eastern crude prices to an unusual premium ...

Oil traders are making big moves in the Brent-Dubai spread, a contract that lets them bet on the price gap between Middle Eastern crude and global benchmark Brent. The action has hit record levels ...

Amid the fresh sanction warnings from US on Russia, Indian oil refiners are exploring all available options to replace ...

Industry officials maintain that enough oil supply is available in the global market and replacing the lost Russian oil ...

The Energy Information Administration (EIA), in its January Short-Term Energy Outlook, is forecasting global oil prices ...

Russian oil accounted for more than a third of India's imports last year, but US sanctions are tightening supply, pushing the ...

THE breakthrough ceasefire between Israel and Hamas, which began to be implemented on Sunday (Jan 19), is first and foremost a humanitarian success after tens of thousands of innocent people have been ...

First is to stop acting like an absentee hegemon. When Hamas attacked Israel on October 7th, no one was particularly interested in how Russia, China or the European Union would respond. Like it or not ...