The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell this week, shrinking by 4.2 million barrels in the week ending August 1.

Crude futures extended losses. OPEC+ plans for higher output have raised concerns of oversupply while India pushes back against U.S. tariff threats over its Russian oil purchases.

Aggressive sanctions policy from Western powers could be driving dark fleet growth, BRS Shipbrokers argues. The broker said, ...

The US president threatened to "substantially" raise tariffs against India over its purchase of oil from Russia.

The FTSE 100 index fell 0.7% on Friday but is expected to show a recovery in today’s session, with futures pointing to a rise ...

New Delhi lambasts US and EU saying ‘very nations criticising India are themselves indulging in trade with Russia’ ...

Asian shares advanced on Tuesday, following U.S. stocks higher after they won back most of their sharp loss from last week.

Oil prices dip as OPEC+ hikes supply; analysts highlight supply risks and market strategies. Discover insights on Brent, WTI, ...

Goldman Sachs on Sunday reiterated its oil price forecast with Brent averaging $64 per barrel in the fourth quarter of 2025 ...

Global deglobalisation is accelerating around the world, as rising trade tensions, supply chain disruptions, and increased protectionist policies have led to a surge in trade restrictions and a ...

Over this period, the UK imported a total of £1.1bn of oil products from three refineries in India which used Russian crude ...