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Falling energy prices may not solve the inflation problem...

Oil markets are awaiting a decision from Iran’s supreme leader after Iranian and Omani negotiators reportedly completed a draft agreement that could reopen the Strait of Hormuz, the main export route ...

News insight provided by Reuters.

Indian state-owned refiner Hindustan Petroleum Corporation Limited (HPCL) has bought 2 million barrels of crude from Nigeria, trading sources told Reuters on Tuesday, as India looks to offset the loss...

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Russian crude processing fell to its lowest level in more than two decades in July after Ukraine expanded its drone campaign from refineries to tankers, pipelines and export infrastructure, according ...

The Houthi threat to shipments of Saudi crude oil from the Red Sea hasn’t abated and more tankers laden with Saudi oil appeared to have made the transit through the Bab el-Mandeb chokepoint in dark mo...

News insight provided by Bitcoin World.