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

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

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

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

"If this is a really, really a full-fledged war, I think oil price will be hiked to more than $100," Ueda said. Oil prices dipped on Monday after rising earlier in the session and surging 7% on ...

Consumer US gas prices climb amid Middle East conflict. Here's what to expect. 20% of the world's oil supply comes from the Middle East.

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 ...

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

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

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

We are in the middle of the summer driving season, and that typically means higher gas prices. Tack on the Israel-Iran conflict unfolding in a region where much of the world's oil comes from, and gas ...