According to the U.S. Energy Information Administration, slower oil demand growth in 2024 led to less crude oil processed by ...

Nearly three years on, Russia’s full-scale invasion of Ukraine in February 2022 has reshaped trade and investment in the ...

Slower oil demand growth in 2024 led to less crude oil processed by China’s refineries and fewer crude oil imports compared ...

Oil smuggling remains highly profitable despite sanctions on Russia, Iran, and Venezuela, which together produce about 16 ...

Unless Western governments are ready to accept higher prices, Russia, Venezuela and Iran will continue to evade sanctions ...

The Middle East and North Africa region navigates the future of energy by balancing its traditional dominance in oil and gas ...

Indian refiners increase Middle East oil imports, reducing reliance on Russian supplies, aiming for diversification and ...

The government has approved the budget for the next fiscal year starting from April 1, with total revenues estimated at KD 18 billion and total expenses at KD ...

To replace Russian barrels that are hard to come by after last month's US sanctions on two Russian oil producers and about ...

Oil futures climbed Friday from their lowest levels of the year, but tallied a third straight weekly fall amid rising U.S.

The government significantly subsidizes fuel as part of its broader social welfare initiatives, ensuring artificially low ...

Oil edged higher after Saudi Arabia lifted prices for March loadings of all crude grades it exports amid surging premiums for Middle Eastern oil.