Chevron Corp. is looking to replace Venezuelan oil at its refineries with supplies from Mexico, Brazil and the Middle East ...

Oil prices settled down more than $2 a barrel on Friday, posting a weekly decline as investors grappled with a fading Middle East risk premium alongside uncertainty about a potential peace deal in ...

Global prices of crude oil, together with prices of key oil and petrochemical products, are likely to fall in the first quarter and throughout the first half amid fewer geopolitical conflicts in the ...

The overall profitability of oil and oil products decreased in 2024, a McKinsey report on commodity trading stated.

Despite inevitable setbacks in the world’s energy transition, the MENA region still holds great potential to become a global ...

India's Oil and Natural Gas Corporation is focusing its investments on the Middle East, Africa and Latin America, Rajarshi ...

BEIJING: Two giants in China’s oil and refining sector have taken the biggest opposing positions in Middle East crude trading in years, transforming global cargo flows and puzzling oil traders ...

Saleem Qamar Butt ...

TOKYO -- Middle Eastern ... alternative to Russian oil, which is subject to U.S.-led sanctions stemming from Moscow's invasion of Ukraine. Dubai crude from the Middle East is commonly traded ...

ERBIL, Kurdistan Region - Iraq’s federal oil ministry on Saturday invited foreign oil companies and the Kurdistan Regional ...

In contrast to the U.S.'s focus on immediate fossil fuel output, the Middle East’s strategy is more balanced, seeking to secure energy security through a mix of oil, gas, and clean energy. These steps ...