Oil Quoted in Dollars Crude oil is quoted in U.S. dollars (USD). Countries that import oil pay for it in the greenback.

Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed ...

"There is more oil available. What we need is stability and predictability so that in the period ahead countries can base ...

Refinery owners in Nigeria have kicked against the importation of petroleum products, saying the move allows for substandard ...

Global oil prices "would have hit the roof" if big importer India had not bought oil from Russia following the Ukraine war, ...

China's imports of cheap Iranian oil may be squeezed if Trump ramps up enforcement of sanctions on Tehran after his election ...

The value of oil imported from Azerbaijan to EU countries totaled 6.792 billion euros, the European Statistical Office (Eurostat) said.

Sagging crude oil prices will have a bigger impact on industry behavior than federal policy, and rising trade tensions could ...

India's export of fuels like diesel to the European Union jumped 58% in the first three quarters of 2024, with a bulk of them ...

The country’s refining capacity ... As one of the world’s largest oil-consuming nations, India imports over 85% of its crude ...