Crude oil futures traded lower on Friday morning as Hurricane Rafael forced operators to stop oil and gas production in the US Gulf of Mexico. At 9.56 am on Friday, January Brent oil futures were at ...

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If India Din't Buy Russian Oil, Global Crude Price Would Have Touched $200 per Barrel: Hardeep Puri

Union Petroleum Minister Hardeep Singh Puri says India's decision to purchase oil from Russia amid global challenges helped avert a potential spike in global crude prices.

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What a Trump presidency means for oil and gas markets

Trump would likely try to counter any strength in oil prices as a result of this by pressuring OPEC+ to increase output. This was a fairly common occurrence during his previous term.

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Oil Falls as Hurricane Rafael Is Set to Weaken

Oil prices were falling in early trading as Hurricane Rafael is forecast to start weakening, easing risks to U.S. output. Brent crude was down 1.3% to $74.61 a barrel, while WTI fell 1.6% to $71.18 a ...

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Trump-led oil & gas export boom may go bust in Europe trade spat

Oil and gas producers in the United States expect to find it easier to ramp up output and exploration under the incoming second administration of Donald Trump. Finding local and lucrative markets for ...

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