The discount of Iranian crude selling in China has jumped to more than $6 per barrel compared to Brent, as stocks at the key import hubs of the independent refiners have reached record highs, trade ...

Crude for September–October is expected to be even cheaper, offering significant cost advantages to Indian refiners. The move comes as India strengthens its position as the third-largest oil buyer ...

The discount of Russia’s flagship Urals crude blend for Indian buyers has widened to between $3 and $4 per barrel for Indian barrels amid continued pressure on the latter coming from the United States ...

Brent, the global crude oil benchmark, is trading at a rare discount to its Middle Eastern counterpart, as President Donald Trump cracks down on Russian barrels and a glut is forecast for later in the ...

Brent, the global crude oil benchmark, is trading at a rare discount to its West Asian counterpart, as President Donald Trump cracks down on Russian barrels and a glut is forecast for later in the ...

Fears of a coming oversupply are weakening the Brent futures structure, while increased appetite for Middle Eastern crude is supporting the key benchmark prices that the top oil-producing region uses ...

Russia may be offering India a 5% discount on crude oil purchases, even as US President Donald Trump’s administration slaps punitive tariffs on Indian exports for continuing energy trade with Moscow.

The ongoing Ukraine-Russia conflict has sparked a fresh economic flashpoint — this time involving India, as a full-fledged tariff war over fuel imports intensifies. The Trump administration has ...

Russia will continue to supply oil to India, now at a 5 percent discount, despite the pressure and sanctions on the latter from the US. Deputy trade representative of Russia to India, Evgeniy Griva ...

Where Were Charlie Kirk’s Parents? Speculations Swirl After Arizona Memorial Where were Charlie Kirk’s parents during the high-profile Arizona memorial service? Their on-camera absence has sparked ...

Ahead of the Trump / Putin meeting in Alaska - CNBC's Dan Murphy and Sri Jegarajah discuss the implications of possible punitive U.S. sanctions on Russian oil, and those who purchase it - including ...