Oil prices rise to 3-year high as traders focus on Middle East tensionsMarketWatchOil futures moved sharply higher Wednesday for a third straight session, setting prices up for their highest finish since late 2014, as rising tensions in the Middle East con …

Oil prices jump on reports of missile interception over Saudi ArabiaMarketWatchOil futures jumped Wednesday, setting prices for the U.S. benchmark up for their highest finish in more than three years after unconfirmed reports that Saudi Arabia has intercep …

Oil prices rise on heightened Middle East tensionsMarketWatchOil futures traded higher early Wednesday, buoyed by concerns about rising tensions in the Middle East that could result in supply disruptions. On the New York Mercantile Exchange, West Texas Int …

The ObserverGovt signs $4bn Hoima oil refinery agreementThe ObserverThe refinery will be built under a public-private partnership, favouring the consortium with a 60 per cent shareholding while the government, through the national oil company, will retain …

BloombergIndia Asks Oil Retailers Not to Increase Fuel PricesBloombergIndia's oil minister Dharmendra Pradhan says he'd be happy with $50 oil. Bloomberg's Annmarie Hordern reports. India's state-run oil retailers have been asked not to incr …

News18India receives its first US oil shipment at ParadipLivemintNew Delhi: India on Monday received its first ever shipment of US crude oil with state-owned Indian Oil Corporation (IOC) importing a 1.6 million barrels parcel at Paradip in Odisha. MT New P …

Financial TimesBrains, not oil, should fuel Russia's economyFinancial TimesMoscow's second big bet is on oil technology. In a recent lecture at Chatham House in London, Professor Thane Gustafson of Georgetown University, one of the leading foreign …

LivemintIndian Oil, HP, Bharat Petroleum to spend Rs20,000 crore on LPG businessLivemintThe investments by Indian Oil Corp. Ltd (IOCL), Bharat Petroleum Corp. Ltd (BPCL) and Hindustan Petroleum Corp. Ltd (HPCL) will go into setting up terminals to import l …

BloombergBullish Oil Bets Sink to 5-Year Low as Futures Flirt With $40Bloomberg“Labor Day is right around the corner and demand for crude oil is going to go down with the refinery maintenance season, and the market doesn't see anything to get bullish a …