Iran's National Iranian Oil Company (NIOC) has dismissed claims in some media outlets about the production of low-quality ...

Stranded Iranian cargoes have offloaded their crude at Shandong, the key import terminal for China’s independent refiners, ...

Russia is increasingly using cryptocurrencies in its oil trade with China and India to circumvent U.S. sanctions, ...

Russia is reportedly utilizing cryptocurrency and stablecoins in its oil trade with China and India to skirt sanctions from ...

Crude futures rose to end a week of ups and downs inflicted by exchanges over tariffs as well as talks aimed at ending the ...

EIA projects that global oil inventories will decline in second-quarter 2025, driven partly by reduced crude oil production ...

ALBAWABA – Oil prices recorded an increase globally due to the United States (US) sanction imposed on Iran and Russia.

Russia is using cryptocurrencies in its oil trade with China and India to skirt Western sanctions, according to four sources ...

Data analytics firm Kpler said India is set to import 1.54 million barrels per day of Russian crude oil this month, an increase from the average of 1.1 million bdp it has averaged over the past three ...

Crude oil fell, with market sentiment weighed by concerns over the potential economic impact of trade tariffs along with a ...

While fiat currencies remain the primary method, crypto is seen as a convenient and flexible tool for transactions.

Russia is turning to bitcoin and crypto to facilitate oil trades with China and India, circumventing sanctions imposed on ...