Oil Rises
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Gulf Oil Lubricants posted a steady Q4 performance with moderate growth in profit and revenue. The company also announced a generous ₹28 per share final dividend for FY25.
Kazakhstan's oil production has risen by 2% in May, an industry source said on Tuesday, an increase that defies pressure from OPEC+ on the Central Asian country to reduce its output.
Middle East tensions and unexpected U.S. crude builds push oil and gas markets into high-alert mode. Technical levels now critical.
Oil rose after Iran’s foreign minister downplayed prospects for a breakthrough in nuclear talks with the US, saying no formal proposal had been received. Brent advanced more than 1% to settle ...
LONDON (Reuters) -World oil supply will rise more rapidly than previously expected this year as Saudi Arabia and other OPEC+ members unwind output cuts, the International Energy Agency (IEA ...
Oil prices steadied on Tuesday due to uncertainty in U.S.-Iran negotiations and Russia-Ukraine peace talks, while new government data delivered a cautious outlook for top crude-importer China's economy.