The large increase in refining capacity has created a pricing conundrum thanks to Middle East petroleum products now reaching ...

Brent crude prices slipped into a rare discount against Dubai crude as oversupply fears weigh on Western benchmarks while Asian demand supports Middle Eastern oil.

Premiums for prompt benchmark oil prices globally are falling compared with those in future months on rising output from the ...

Most Gulf stock markets were subdued in early trade on Tuesday as oil prices fell ahead of possible three-way talks involving ...

India turned to purchasing Russian oil sold at a discount after Western countries imposed sanctions on Moscow and shunned its ...

Resources nationalism has raised its head in Australia where a takeover bid for a local oil company by an Abu Dhabi-led ...

The impact of EU sanctions and US President Donald Trump’s continuous targeting of India-Russian energy tries has started to pinch refiners as prices of crude oil grades in the Middle East are moving ...

The global energy landscape has been undergoing a profound transformation − and the Middle East is at the heart of it.

This initiative is in line with the Renewed Hope Agenda of His Excellency, President Bola Ahmed Tinubu, reflecting our shared ...

Saudi Aramco, the kingdom's state-controlled oil producer, raised its OSP for its flagship Arab Light blend to Asia to a premium of $3.20 a barrel above the Oman/Dubai average ...

Russia's dominance in India's oil imports has reshaped trading dynamics, impacting smaller suppliers while Iraq, Saudi Arabia ...