Sinochem has delivered its first Middle East crude cargo during the Platts Dubai Market on Close process, trade sources said on Tuesday, part of an effort by the Chinese firm to step up oil trading in ...

Reliance Industries is likely to shift back to its traditional Middle Eastern sources for oil if India yields to pressure ...

Sinochem has delivered its first Middle East crude cargo, signaling a strategic expansion of its oil trading business in Asia ...

A closely-monitored oil market metric that tracks the strength of Middle Eastern crude versus global benchmark Brent ...

For decades, the world has looked to the Middle East as the heart of global oil production,a region synonymous with vast ...

Reliance Industries is likely to shift back to its traditional Middle Eastern sources for oil if India yields to pressure ...

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 ...

A potential US crackdown on Russian oil buyers could disrupt global trade flows — and the Middle East stands to both benefit ...

Several Middle Eastern countries are among the top sources of imported oil for China, including its No. 2 supplier, Saudi Arabia. Iraq, the United Arab Emirates, Qatar, Kuwait, and Oman are also ...

The Organization of the Petroleum Exporting Countries' most recent monthly oil market report found production by the broader OPEC+ group rose in May by 180,000 barrels per day to 41.23 million bpd ...

The shale revolution — when newer technology like fracking unlocked more oil from U.S. oil fields — lessened the world's dependence on crude from the Middle East.