The Trump administration said on Monday it will loan energy companies 53.3 million barrels of crude from the US Strategic Petroleum Reserve as part...
Crude prices spiked sharply after reports of a drone attack on key energy infrastructure in the UAE, triggering fresh fears of supply disruptions in...
Shares of Chennai Petroleum Corporation Ltd. declined as much as 6% on Friday, April 24, despite the company reporting a strong quarter-on-quarter performance for...
India currently has three strategic petroleum reserves (SPRs)—buried in underground caverns—in Visakhapatnam, Mangaluru, and Padur. These together have a storage capacity of 5.33 million...