Demand for oil in Asia remained robust in March thanks to strong imports by China and India, which offset weakening demand in some other Asian nations. Read Article  +

Demand for oil in Asia remained robust in March thanks to strong imports by China and India, which offset weakening demand in some other Asian nations. Read Article  +

Oil prices rose sharply on Monday following surprise production cuts by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+. Read Article  +

Asian spot liquefied natural gas (LNG) prices remained flat this week at the lowest level since July 2021 on muted demand and solid inventories in China, Japan and Korea. Read Article  +

Asian spot liquefied natural gas (LNG) prices remained flat this week at the lowest level since July 2021 on muted demand and solid inventories in China, Japan and Korea. Read Article  +

The price of West Texas Intermediate(WTI) crude surged to the highest level since January on Tuesday. Read Article  +

Dr Fereidun Fesharaki, Chairman, FGE, says the oil market is like a big swimming pool. If you take one bucket of water from one side and throw it to the other side, it is still the same swimming pool. Earlier, the Russians were supplying...  +

Dr Fereidun Fesharaki, Chairman, FGE, says the oil market is like a big swimming pool. If you take one bucket of water from one side and throw it to the other side, it is still the same swimming pool. Earlier, the Russians were supplying...  +

The price of West Texas Intermediate(WTI) crude surged to the highest level since January on Tuesday. Read Article  +

Turkey is loading up on millions of barrels of diesel from Russia that European Union countries can no longer buy. Read Article  +