Trump announces new US refinery backed by India’s Reliance
2026-03-11
President Donald Trump announced Tuesday that the U.S. will get its first oil refinery in 50 years, funded by investmentsContinue Reading
Oil falls as Trump predicts Middle East de-escalation
2026-03-10
Oil prices fell on Tuesday after hitting an over three-year high in the prior session as U.S. President Donald TrumpContinue Reading
South Korea introduces first fuel price cap in 30 years as oil soars past $100
2026-03-09
South Korea will impose its first fuel price cap in almost 30 years as global jitters deepen over spiraling oilContinue Reading
Oil soars 25%, gold drops as Iran war jolts global commodity markets
2026-03-09
Oil prices surged around 25% on Monday to their highest since mid-2022, with Brent on track for a record one-dayContinue Reading
India gets 30-day waiver from US to buy Russian Oil amid Iran war
2026-03-06
India’s access to crucial energy supplies received a temporary boost on Friday after US Treasury Secretary Scott Bessent announced aContinue Reading
Trump threatens tariffs on countries selling oil to Cuba
2026-01-30
US President Donald Trump on Thursday signed an executive order that would slap additional tariffs on goods from countries thatContinue Reading
Donald Trump says US to take sanctioned Venezuelan oil to American ports
2026-01-07
Donald Trump has said Venezuelan authorities will turn over 30mn to 50mn barrels of sanctioned crude to the US, inContinue Reading
What’s next for Venezuela oil after US ousts Maduro?
2026-01-05
The United States’ strikes on Caracas and the capture of Venezuelan leader Nicolas Maduro have left the South American nationContinue Reading
Trump claims Modi has assured him India will not buy Russian oil
2025-10-16
US President Donald Trump said on Wednesday that Prime Minister Narendra Modi had assured him India would stop purchasing oilContinue Reading
Israel-Iran ceasefire : Oil prices tumble to over one-week lows
2025-06-24
Oil prices fell sharply to their lowest in more than a week on Tuesday as U.S. President Donald Trump saidContinue Reading
Public urged not to fall victim to fake news on fuel shortage
2025-06-17
The Ministry of Energy has urged the public not to fall victim to fake news being circulated about a fuelContinue Reading
Oil prices rise further as Israel-Iran war enters fourth day
2025-06-16
Oil prices extended gains Monday as Israel and Iran pounded each other with missiles for a fourth day and threatenedContinue Reading
Oil prices fall on U.S. debt uncertainty
2023-05-25
Oil prices fell in early Asian trading on Thursday after uncertainty that the United States will avoid a debt defaultContinue Reading
