Indian tanker delivers 36,000 MT of fuel to Colombo Port
2026-03-30
Indian oil tanker, Hari Anand, arrived at the Dolphin Jetty of the Colombo Port at 1.30 pm on Sunday (29).Continue Reading
Japan starts release of state-held oil to stabilize supplies
2026-03-26
The Japanese government on Thursday started releasing state-held oil to stabilize supplies amid the ongoing U.S.-Israeli war with Iran, asContinue Reading
Oil prices tumble back below $100 on ceasefire optimism
2026-03-25
Oil prices fell sharply in early asian trade on Wednesday, with both major benchmarks dropping more than 5% as tradersContinue Reading
Iran ready to supply oil to Sri Lanka on request
2026-03-23
Iran is ready to assist Sri Lanka at any time, reaffirming its friendship with the country, Iranian Ambassador to SriContinue Reading
US temporarily lifts Sanctions on Iranian Oil stuck at sea
2026-03-21
The Trump administration has issued a 30-day sanctions waiver for the purchase of Iranian oil at sea to ease energyContinue Reading
Ras Laffan attacks slash Qatar’s LNG exports, Hitting Asia and Europe
2026-03-20
QatarEnergy, the country’s state-owned petroleum company, has confirmed that missile attacks on Ras Laffan Industrial City on March 18–19 causedContinue Reading
Oil prices hit $112 as Iran expands strikes on Gulf energy sites
2026-03-19
Oil prices climbed sharply in early Asian trading on Thursday as the Middle East conflict continued to escalate and energyContinue Reading
Trump administration temporarily lifting sanctions on Russian oil stranded at sea
2026-03-13
The Trump administration on Thursday issued a new license allowing countries to temporarily purchase certain Russian oil products, the sameContinue Reading
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