Iran is maintaining crude oil supply by loading tankers one at a time and moving floating oil storage much closer to China, ...

Bullish outlook builds as U.S. stockpiles fall and Israel-Iran conflict threatens OPEC supply through the Strait of Hormuz.

The recent surge in oil prices due to the Israel-Iran conflict poses a risk to Pakistan's trade and fiscal stability, ...

Haitham Al Ghais added that a dip in investments has been observed in the market recently and the time has now come to resume them in order to stimulate the sector ...

Russian Deputy Prime Minister Alexander Novak met with OPEC Secretary-General Haitham Al Ghais on Wednesday to discuss the state of global energy mark ...

Despite Iran's repeated threats to close the Strait of Hormuz, a vital waterway for global oil and gas transit, it has never followed through due to strategic and economic costs. Analysts believe the ...