Soyabean oil and palm oil also boosted by US plans to increase amount of sustainable fuels used in petrol and diesel ...

Indian refiners cancelled orders for 65,000 metric tons of crude palm oil (CPO) scheduled for delivery from July to September ...

The Indian rupee remained largely unchanged on Wednesday as pressure from elevated oil prices amid escalating Israel-Iran ...

Asian shares are mixed and oil prices have dropped Wednesday as investors calmed from the jitters of conflict in the Middle ...

President Donald Trump said the Iranians had reached out to him and suggested that they send a delegation to the White House ...

Consumer prices rose 3.4% in May compared with a year earlier, down from the 3.5% of April but still well above the BOE ...

Russia failed to reap the full rewards of the recent rally in oil prices, or the increase in its own OPEC+ output target, as ...

Oil demand is proving more resilient than expected, with forecasts suggesting a plateau rather than a sharp decline.

Escalating tensions in West Asia raise oil prices, fears of supply disruption; Iran seeks ceasefire, Strait of Hormuz crucial ...

The recent military clash between Iran and Israel has sent shockwaves through global energy markets, causing oil prices to ...

U.S. gas prices are likely to climb higher, starting this week, as the conflict between Israel and Iran intensifies.

A surge in world oil prices because of the Iran war may not be a windfall for Latin American oil producers. Here’s why.