Oil prices are likely to rise for a third week amid widespread concern that the escalating conflict in the Middle East will affect supply.

Oil prices are likely to rise for a third week amid widespread concern that the escalating conflict in the Middle East will affect supply.

MANILA, Philippines — Local oil firms have agreed to a staggered implementation of price increases at the pump. This, as petroleum prices continue...

The prospect of higher energy prices may also delay the next Reserve Bank rate cut to until August instead of July, economists say...

The prospect of higher energy prices may also delay the next Reserve Bank rate cut to until August instead of July, economists say...

Fuel prices in Cyprus are expected to see a sharp, but temporary, rise due to the conflict between Israel and Iran in the Middle East, Energy Minister...

However, India has diversified its oil sources by increasing imports from Russia as well as the US and building resilience through strategic reserves.