Oil traders warned last week that a long-anticipated surplus is finally starting to materialize and the amount of cargo at sea is one indicator of that. Bloomberg A flotilla of crude oil on the ...

Toshiba Energy Systems & Solutions Corporation (Toshiba) on Friday announced its plan to invest 55 billion yen (around Rs 3,232 crore) by FY2027, aimed at doubling output capacity at its key ...

MOSCOW (Reuters) -Russian oil production rose in September to 9.321 million barrels per day, up 148,000 bpd from August, as the world's leading oil producing countries continued to ramp up production, ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The change in format came one ...

Russia increased crude oil production in September while falling behind its OPEC target following the latest adjustments to the alliance’s compensation plans. The nation pumped 9.368 million barrels a ...

The German economy could be on track to shrink for a second consecutive quarter after struggles in the country's all-important automotive sector saw industrial output slump in August. Fresh data from ...

LONDON/MOSCOW (Reuters) -OPEC+ will increase oil output further from November when it meets on Sunday, sources close to the talks said, with Saudi Arabia pushing for a larger increase to regain market ...

A pick-up in business activity over the summer has been dismissed as 'a flash in the pan' after the economy ground to a halt last month. In a report that will make bleak reading for Rachel Reeves, S&P ...

New Delhi: India’s core infrastructure industries grew at their fastest pace in more than a year, with output rising 6.3% in August compared with a year earlier, provisional data from the commerce ...

Crude oil prices dropped to their lowest in three months last week amid rising OPEC+ supply prospects and refinery maintenance season, even as a weaker rupee threatens to weigh on the earnings of ...