An oil depot fire in the Russian city of Sochi is due to Ukrainian strikes, according to the local governor. Videos show the scale of the blaze. Meanwhile, Russia and China are teaming up for military ...

Both state-run and private refiners in India are allowed to buy from their preferred sources, and crude purchases remain a ...

The US president announced a ‘massive’ oil exploration deal with Pakistan soon after imposing a 25 per cent tariff on Indian goods.