Brent crude futures surged 13.4% to $87.26/barrel due to Middle East tensions, OPEC cuts, attacks between Ukraine and Russia, ...

The earnings discount of VLCCs compared to aframax tankers so far in 2024 has narrowed to just 17% of the average for last ...

Crude oil futures fall as Middle East tensions ease, refocusing the market on supply and demand. Read more here.

Shajedul Qayyum Dulal, Executive Director, Dhaka Ahsania Mission – OPEC Fund Annual Award for Development Recipient; ...

Russia became the top oil supplier to India during the fiscal year 2023/24 for a second year in a row, squeezing the market ...

OPEC and its economic allies in the OPEC+ bloc have been trying to cut global oil supplies in order to bid up prices lowered ...

According to Kurdistan24 news agency, citing an unnamed source in the Iraqi Federal Oil Ministry, OPEC has requested that ...

Namibia wants to join OPEC as it prepares to reap the benefits of its crude oil resources, with daily production capacity ...

India, the world's third biggest oil importer and consumer, discussed recent trends and volatility in the global oil market ...

Oil will need to be closely watched in the coming months to ensure “a sound and sustainable market balance” during an ...

Welcome to Energy Daily, our guide to the energy and commodities markets powering the global economy. Today, oil strategist ...

A source within the Federal Oil Ministry disclosed to Iraqi media that OPEC has specifically called upon Federal Oil Minister ...