The Latest Breaking News from Oil

Russian forces stepped up mortar and artillery attacks on the recently liberated city of Kherson in southern Ukraine on Wednesday, Ukraine's military said, while also exerting pressure along frontlines in the east. Russia fired 33 missiles from multiple rocket launchers at civilian targets in Kherson in the 24 hours to…

NEW DELHI: Mukesh Ambani, who took over the reins of Reliance Industries Ltd (RIL) after the sudden demise of his legendary industrialist father Dhirubhai Ambani, completes 20 years at the helm during which the company saw a 17-fold jump in revenues, 20-times surge in profit and has become a global…

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Vladimir Putin’s forces increasingly diminished at epicentre of fighting in Donbas, analysts believe

When Syrian President Bashar al-Assad visited Tehran last May, one of the urgent requests he made was to send oil to contribute to resolving his country’s economic crisis. In the past years, it has become customary for ships to violate sanctions and waterways.

Radhika Aligh discovers the best places to eat (and drink) on the Caribbean island — and meets the people behind them

The full reopening of the country from July drove up fuel consumption, which grew by 14% year-on-year in the first 11 months of 2022, the Department of Energy Business reported onWednesday.

Egypt has set a new international tender for oil and gas exploration rights in the Nile Delta and Mediterranean sea, the petroleum minister announced on Tuesday. Tarek El-Molla said the tender was set for 12 blocks, split evenly between onshore and offshore. According to the Egyptian digital portal for exploration…

SAYULA DE ALEMAN, Mexico — From the roadside stand in this muggy stretch of southern Mexico where Carmelo Morrugares sells coconuts for a living, the 45-year-old father of three says he can see his country changing for the better.

Russia on Tuesday banned oil sales to countries and companies that comply with a price cap agreed by Western nations, briefly helping to lift crude prices. "The supply of Russian oil and oil products to foreign legal entities and individuals is prohibited if the contracts for these supplies directly or…

Russian forces increased mortar and artillery attacks on the city of Kherson more than six weeks after it was retaken by Ukrainian troops, while also exerting pressure along frontlines in the east, Ukraine's military said on Wednesday.