Traders said prices were mostly driven higher by uncertainty around oil exports by Libya, a member of the Organization of the Petroleum Exporting Coun...

Banking, Healthcare and Oil Sectors are Expected to Attract Stock Market Investors
The Sensex and Nifty are expected to open lower as Asian shares got the week off to a cautious start amid lingering concerns about escalating trade fr...

India Urged OPEC to Ensure Reponsible Oil Pricing
India urged the Organisation of Petroleum Exporting Countries (OPEC) cartel to move to responsible pricing of oil and gas, saying the current prices a...

Oil Shipments from US to China are Transforming Trade Ties Between the Two Nations
Gradually, US petroleum industry is turning world oil markets inside out. First, sharp drops in US imports of crude oil eroded the biggest market that...

World Oil Prices Goes Up
Booming demand will push China ahead of the United States as the world's biggest crude importer this year.

Indian Crude Basket at $55/Barrel as OPEC Starts Output Cuts
The Indian basket of crude oils closed trade on the last trading day at nearly $55 a barrel, even as OPEC members Saudi Arabia and Iraq raised ...