News

OMCs such as Bharat Petroleum (BPCL), Hindustan Petroleum (HPCL) and Indian Oil (IOCL) reported strong gross refining margins ...
It is very easy to fall for the temptation of layering various types of conspiracy theories together as explanations of ...
Oil prices may have no relief from further downside in the second half of 2025 with increased supply from the OPEC+ flooding ...
OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...
Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...
The oil market has entered choppy waters once again. Crude prices fell by a dramatic 18% in April y/y — the sharpest monthly ...
Global oil markets are facing oversupply and muted demand, creating fresh volatility and concern among traders. With ...
ProFrac Holding Corp. reports strong Q1 2025 growth with 32% revenue rise, boosted by operational efficiency and strategic moves.
Idaho gas prices dip to $3.29 per gallon as crude oil costs fall. Experts warn of rising demand near Memorial Day despite ...
The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...
Oil prices reportedly dropped Monday in a trend an analyst said could contribute to lower gas prices.The price for a crude ...
India imported 85,000 bpd more crude from the US in April than in March, mostly on VLCCs, Braemar said. The country also ...