Oil News

Oil prices declined on Friday after Iran sent an updated peace proposal to mediators in Pakistan, reviving hopes for a potential settlement with the United States.   U.S. crude oil futures ...

When a major oil shock occurs, most Americans first notice it at the gas pump.   This is precisely what is happening now. Since the February 28 attack on Iran and the subsequent disruption of ...

Oil prices stabilized on Friday but remained on track for weekly gains as diplomatic efforts to end the war with Iran stalled. Tehran continues its closure of the Strait of Hormuz, while the U.S. ...

Oil prices retreated on Thursday shortly after Brent crude hit a four-year high, following reports that the U.S. military will brief President Donald Trump on potential military action against ...

Iran has been under intense pressure following weeks of U.S. and Israeli airstrikes, sanctions, and restrictions, but geological factors may ultimately be what forces Tehran to make concessions in ...

Global oil prices retreated on Thursday after hitting a four-year high exceeding 126 dollars per barrel, amid fears that the war between the United States and Iran could escalate further, leading to ...

Oil prices surged by more than 6% on Wednesday after U.S. President Donald Trump stated he would maintain the American naval blockade on Iran until it agrees to a nuclear deal.   Global ...

Oil prices rose by 3% on Wednesday, with Brent crude reaching a one-week high amid media reports that the United States will extend its blockade of Iranian ports. This development suggests prolonged ...

Oil prices rose by 3% on Tuesday, extending gains from the previous session as efforts to end the war between the United States and Iran stalled. The vital Strait of Hormuz remains largely closed, ...

Oil prices surged by approximately 3% on Monday as stalled peace negotiations between the United States and Iran, combined with a dual blockade in the Strait of Hormuz, intensified global supply ...