Oil News

Oil prices rose on Friday and remained on track for strong weekly gains as concerns over energy supplies persisted following renewed hostilities between the United States and Iran, which have ...

Oil prices edged lower on Thursday as markets assessed the implications of US strikes on Iran, which could undermine efforts to end the conflict between the two countries and delay the full reopening ...

Control of the Strait of Hormuz has become what Iran's leadership describes as its "golden weapon," a strategic asset that now takes priority over the country's nuclear program, for which Tehran has ...

Oil prices jumped more than 5% on Wednesday, climbing to their highest levels in two weeks after US President Donald Trump declared that the memorandum of understanding aimed at ending the conflict ...

Oil prices moved higher on Tuesday after reports of attacks on vessels near the Strait of Hormuz renewed concerns about potential disruptions to shipping through one of the world’s most ...

Oil prices were little changed on Monday, trading near levels seen before the outbreak of the war with Iran, after Saudi Arabia cut its official crude selling prices and OPEC+ approved another ...

Oil prices declined on Monday after OPEC+ agreed to increase production targets starting in August, while exports from major producers through the Strait of Hormuz continue to recover, potentially ...

Oil prices were little changed on Friday and were heading for only modest weekly moves as traders remained hopeful that ongoing diplomatic efforts between the United States and Iran could lead to a ...

Oil prices were little changed on Thursday after Qatar announced “positive progress” in indirect negotiations between the United States and Iran, boosting hopes that regional tensions ...

Oil prices fell more than 1% on Thursday, extending losses for a third consecutive session as concerns over supply disruptions eased following Qatar’s announcement of progress in discussions ...