The International Energy Agency says the world is heading straight into a record-breaking oil surplus in 2026, as global demand growth slows down and ...

Oil production was above the target by 400,000 bpd in Kazakhstan, 340,000 bpd in Iraq, 370,000 bpd in the UAE, and 180,000 bpd in Kuwait ...

IEA Lifts Global Oil Supply Forecast, Signaling Bigger Surplus Ahead Global oil markets are poised for a larger surplus than previously expected this year, with supply set to grow more than three ...

Despite some short-term supportive factors for the market, oil prices continue to edge lower ahead of Friday’s Trump-Putin ...

India is set to rely more heavily on West Asian oil suppliers, including Saudi Arabia, the UAE, and Iraq, as US pressure mounts over Russian crude imports.

India is poised to increase its reliance on West Asian oil suppliers like Saudi Arabia, the UAE, and Iraq, as the US intensifies pressure on Russian crude imports. This shift comes as discounts on ...

OPEC now expects the global oil market to be tighter in 2026 than previously forecast, projecting stronger demand growth and slower rival supply expansion, Bloomberg writes.  The cartel raised its ...

Kpler data cited by OPEC shows that Russia provided 45% of India's total oil imports in June, compared to 44% in the previous month. Iraq accounted for 18% of deliveries, while Saudi Arabia accounted ...

KYIV (Reuters) -Ukrainian President Volodymyr Zelenskiy spoke to the leaders of India and Saudi Arabia on Monday, in an ...

By Yuliia Dysa and Dan PeleschukKYIV (Reuters) -Ukrainian President Volodymyr Zelenskiy spoke to the leaders of India and ...

Saudi Arabia, the world's largest crude oil exporter, is poised to reduce its crude oil exports to China in September.

Top Countries Projected to Lead Global Economic Growth in 2025 1. India: The World’s Fastest Growing Major Economy India is ...