Oil News

Oil prices extended gains on Monday, with Brent crude heading for a record monthly increase after Yemen’s Houthis expanded the Iran war by launching their first attacks on ...

The oil market may be heading for a sharp rise if the Strait of Hormuz remains closed beyond March, as massive supply losses have not yet been fully reflected in prices.   The war in the ...

Oil prices rose about 3% on Friday, but are heading for their first weekly decline since February 9, after US President Donald Trump decided to extend the pause on attacks against Iranian energy ...

Oil prices rose during Thursday’s trading, recovering losses from the previous session, as investors remained concerned about a prolonged conflict in the Middle East and continued supply ...

The war in the Middle East has caused severe disruptions to global oil and gas supply chains, with damage and shutdowns affecting key facilities such as liquefied natural gas plants, refineries, and ...

Oil prices rose more than 3% on Thursday, recovering losses from the previous session, as concerns grew over the continuation of the conflict in the Middle East and the potential for further supply ...

Oil prices fell about 5% on Wednesday after reports indicated that the United States had presented Iran with a 15-point proposal aimed at ending the war, boosting hopes for progress toward a ...

Shortly before the outbreak of the war with Iran, I wrote that the apparent calm among government officials and participants in financial markets was based on two assumptions that I viewed as ...

Oil prices rose on Tuesday amid continued disruption to global supply, as Iran denied holding any talks with the United States to end the war in the Gulf, contradicting statements by US President ...

While most people see the importance of preventing Iran from developing nuclear weapons, many may now view US President Donald Trump’s plan to achieve that as resembling the famous “South ...