Even before the conflict, Tehran estimated it needed more than $500 billion in foreign investment just to modernize outdated ...

Iranian crude builds up offshore as over 30 million barrels float near Malaysia, the highest in more than five years.

Geopolitical tensions, such as U.S. pressure on countries like India to stop buying Russian oil, could lead to further ...

Saudi Aramco's profit slid 22 percent in the second quarter to 85 billion riyals ($22.67 billion) as a slump in prices hit ...

The U.S. is intensifying sanctions, targeting Chinese entities involved in trading Iranian oil and petrochemical products, with more measures expected to further restrict Iran's revenue sources.

The commodity is in the Middle of some fundamental headwinds between strong supply (OPEC+ cartel trying to change things up) ...

Low diesel stockpiles worldwide are countering the downward pressure on crude oil prices from rising OPEC+ supply and setting ...

The oil market is pulling all the levers it can to ease a global diesel crunch, but the window is narrowing to replenish ...

The Gulf oil major says the decrease in revenue was due to lower crude oil, refined product and chemical product prices.

Petrol prices will be lowered from Wednesday, but diesel users face another substantial hike. At midnight, the petrol price ...

Welcome to our live blog bringing you the latest developments from West Asia. Stay updated on key shifts in regional ...