The share of OPEC oil in India's imports fell to a record low in fiscal year 2024-25 as refiners continued to gorge on ...

OPEC’s market share in India slumped to an all-time low of below 50% of India’s crude oil imports in the 2024-2025 fiscal year, as Russian oil flows to the world’s third-largest crude ...

Oil prices edged up in early Monday trade, supported by short-covering despite lingering uncertainty over U.S.-China trade ...

This potential rollback could stimulate global trade and lift oil demand. At the same time, OPEC’s latest compensation plan supports oil prices. Eight member countries, including Iraq and Russia ...

(Bloomberg) -- Oil fell after a Reuters report that some OPEC+ members will seek an accelerated output increase overshadowed an optimistic turn in trade talks between the US and China. West Texas ...

The high-level technical meeting brought together leading energy sector experts to discuss pressing issues affecting the global oil market. The event was chaired by OPEC Secretary General ...

Kazakhstan has sparked fresh tensions within OPEC+ by asserting that its oil production strategy will be governed by national interests rather than group quotas, raising questions about future ...

The oil cartel led by Saudi Arabia could soon add much more supply to the market. After years of cutting back, OPEC is now pressing forward with plans to gradually ease production quotas.