The UAE has announced that it will leave OPEC and OPEC+ effective May 1, ending a membership that began in 1967—four years before the UAE itself...
Oil climbed on Monday while US stock futures slipped as stalled US-Iran peace talks prolonged the disruption of Middle East energy exports, unsettling markets and policymakers...
Rising inflation in the country has already broken the backbone of the common man but prices of ghee and cooking oil have again increased by Rs20...
Mari Energies Limited has announced the discovery of new oil and gas reserves in the Ghotki district of Sindh. According to Mari Energies, the Shams Well-1...
IEA says Hormuz closure triggers biggest oil disruption ever; nations release 400m barrels to stabilise markets An oil platform located in sea. PHOTO: PEXELS The International...
Last Updated:March 10, 2026, 22:18 IST Reliance stated that its teams are working around the clock to align refinery operations with national requirements Alongside the boost...
Last Updated:March 06, 2026, 23:10 IST With Urals now costing more than the global standard and Brent itself hovering near $92 per barrel, the pressure on...
Last Updated:March 06, 2026, 08:16 IST Every $10 rise in global crude oil prices could shave around 0.5 percentage points off India’s GDP growth, say experts...
Shipping through the Strait of Hormuz—the narrow but vital oil trade route in the Middle East—has almost ground to a halt since the start of the...
Oil prices surged on Monday following the United States and Israel’s attacks on Iran this weekend, as some analysts predict that it could soon reach over...