Oil

Oil

A conceptual illustration of rising global oil consumption, featuring a world globe, black oil barrels with one spilling, and a golden arrow graph trending upwards.

World’s largest oil consuming countries 2024

Dark clouds stretch across a refinery near Houston, Texas September 12, 2008. REUTERS/Carlos Barria/File Photo

World oil and gas demand could grow until 2050: IEA

A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo

Saudi Aramco reports $26.9B profit in third quarter, down slightly over lower oil prices

Commerce Adviser Sk Bashir Uddin speaks to media on 14 October 2025. Photo: TBS

Govt did not raise edible oil prices: Commerce adviser

A 3D printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. Photo: REUTERS/Dado Ruvic/Illustration/File Photo

OPEC+ panel stresses need for full compliance with oil output limits

A view shows a pressure gauge near oil pump jacks outside Almetyevsk, in the Republic of Tatarstan, Russia July 14, 2025. Photo: REUTERS/Stringer/File Photo

Oil rises on modest OPEC+ output hike, Russia supply concern

Illustration: Ashrafun Naher Ananna/TBS Creative

What are the world’s most valuable oil & gas brands right now?

OVL, OIL and BAPEX formed a consortium to bid for these two blocks. Photo: Collected

OVL, OIL pull out of two Bangladesh oil blocks after Petrobangla invokes guarantees

A pump jack operates near a crude oil reserve in the Permian Basin oil field near Midland, Texas, US February 18, 2025. Photo: REUTERS/Eli Hartman/File Photo

Oil stable as market waits for inventory data, US-Russia meeting

Step chart showing the rising tariff rates imposed by the US and China against each other since February 1.

US, China extend tariff truce by 90 days, staving off surge in duties

A drone view shows the Zubair Oil Field in Basra, Iraq, January 16, 2025. Photo: REUTERS/Mohammed Aty/File Photo

China's independent oil firms elbow into Iraq's majors-dominated market

The Russian vessel Tantal, an oil/chemical tanker, is berthed at the far eastern city of Vladivostok, Russia April 3, 2016. Picture taken April 3, 2016. Photo: REUTERS/Stringer/File Photo

US sanctions force vessels with Russian oil to divert from India

Graphics: TBS

Oil wealth — a curse or a blessing?: The Middle East's trade-off with American power