Oil producers across the Middle East face a tense countdown as the Iran war blocks the region’s main export artery, filling ...

SINGAPORE, Aug 28 (Reuters) - Volatility increased in Chinese crude and fuel oil futures markets this week on concerns U.S. sanctions on an oil storage terminal in east China would prevent physical ...

India is currently evaluating plans to construct three additional strategic oil storage facilities to enhance its emergency reserves and bolster energy security, according to the chief executive of ...

Iraq’s state oil marketing firm is in discussions with Exxon for potential crude storage sites close to demand markets in Asia, the United States, and Europe, Bloomberg reports, citing a senior Iraqi ...

A fire broke out at an oil facility in the U.A.E., which has been intercepting Iranian drones.Altaf Qadri/AP The paralyzation of the key Strait of Hormuz waterway has ignited a crude storage crisis in ...