IEA may be forced to release more strategic oil reserves if Brent

With global crude oil prices now having crossed the USD 100 per barrel mark amid escalating geopolitical tensions,...

China's oil stockpiles cushion global market volatility

As Brent crude surged past the $100-per-barrel mark amid renewed geopolitical tensions in West Asia, China's...

India, Japan to strengthen cooperation on strategic oil reserves

India and Japan have agreed to deepen cooperation on strategic oil reserves, energy transport and energy security...

IEA warns of "record" oil drain amid Hormuz supply crisis

The IEA warns of "record" global oil stock depletion as the Strait of Hormuz remains blocked. With supplies...

Taiwan President reviews flagship projects in Eswatini

President Lai Ching-te on Sunday said that he was briefed on Taiwan's flagship projects in Eswatini-- the...

Pakistan concedes vulnerability to global shocks, lacks...

Pakistan admits it lacks "strategic oil reserves like India," leaving it vulnerable as crude hits USD 126 per...

Release of strategic oil reserves a limited solution: S&P

Plans for the largest oil reserves distribution in history, announced by the International Energy Agency this week,...

US announces first sale of 18mn barrels from strategic oil...

Washington [US], December 11 (ANI/Sputnik): The Energy Department announced the first sale of 18 million barrels of...