Except the strategic petroleum reserve doesn’t contain cash. The reserve can hold more than 700 million barrels of oil. Right ...

Union Minister Hardeep Singh Puri on Friday said that India would continue buying crude oil from Russia if it is available at ...

Oil futures tallied their first weekly loss in five weeks on Friday as recent comments from President Donald Trump suggested he would pressure major oil producers to boost crude output.

The perception of the impact of President Trump’s tariff threats and his call for OPEC to lower prices fueled price drops.

Oil prices settled slightly higher on Friday but posted a weekly decline, ending four straight weeks of gains, after U.S.

Oil prices were steady on Friday but were set for a weekly decline, ending four straight weeks of gains, after U.S. President Donald Trump announced sweeping plans to boost domestic production while ...

Global crude prices were on course to finish lower at the end of US President Donald Trump’s first working week back in the White House as concerns over how his economic policies may affect global ...

Oil rose though gains likely reflected a technical correction, while Trump’s tariff threats could disrupt energy flows, raise consumer prices and ultimately destroy consumption.

Chevron said on Friday it had started production at a $48 billion expansion of the giant Tengiz oilfield which will bring its ...

The Dangote Refinery in Nigeria is set to receive 12 million barrels of crude oil from the US as it struggles to secure ...

Crude oil prices dropped as traders reacted to Trump’s Davos speech urging OPEC to lower prices and expectations of increased ...

Accordingly, President Trump has ordered the immediate deployment of over 1,500 troops to the US-Mexican Border to block ...