Global benchmark crude prices posted their first weekly gain in a month Friday, finding support as the U.S. looked to reduce ...

London-based pools company Tankers International has revealed a growth of Middle East Gulf crude shipments on sanctioned VLCCs. But the company believes this trend could reverse if the US ramps up ...

BEIJING -- China says that it has lodged representations with Australia over "deliberate provocations in the South China Sea that violated China's sovereignty" after an Australian plane had allegedly ...

The Kuwaiti crude oil price fell US$2.02 during Thursday's trading to hit US$77.42 per barrel (pb), compared with US$79.44 pb the day before, Kuwait Petroleum Corporation (KPC) said Friday.Brent ...

Hari notes that President Trump has not stated that he will be giving India American crude at a discount. She also believes ...

Kuwait crude oil lost 25 cents during Wednesday's trading to reach USD 79.44 per barrel compared with USD 79.69 pb the day ...

Outside the Gulf, Egypt's blue-chip index gained 1.1%, led by a 5.4% advance in tobacco monopoly Eastern Company . Meanwhile, Egypt's President Abdel Fatah al-Sisi won't visit the White House if the ...

Secretary General of Arab energy Organization (AEO), formerly known as OAPEC, Jamal Al-Loughani commented on performance of global Economy during the last quarter of 2024, saying it remained cohesive ...

India's merchandise trade deficit is expected to have narrowed to USD 20.88 billion in January 2025, down from USD 21.94 ...

This news release contains references to certain Financial Measures and Ratios, including Adjusted EBITDA (earnings before income taxes, gain on acquisition, loss on investments and other assets, gain ...

The company stated, “The long-term outlook for global energy demand remains positive with rising demand for all types of energy including oil ...