Oil News

Oil prices rose on Friday as investors closely monitored a potential agreement that US President Donald Trump's administration signaled earlier this week could reopen the Strait of ...

Oil prices edged lower on Friday as investors assessed signs that Gulf states and Iran are moving closer to an agreement to reopen the Strait of Hormuz under a temporary arrangement that could pave ...

Argentina is rapidly cementing its position as one of the world's leading shale oil and gas producers, with output from the Vaca Muerta formation reaching record levels in a transformation that is ...

Oil prices rose during Thursday's trading session as investors remained cautious over whether ongoing talks between Iran and Oman would ultimately restore shipping through the Strait of Hormuz, while ...

Oil prices were little changed during Wednesday's trading as reports indicated that the United States, Iran, and Oman continue to negotiate an agreement aimed at regulating shipping through the ...

While many view the Strait of Hormuz crisis as a major strategic vulnerability for China, given that it is the world's largest crude oil importer and heavily dependent on Gulf energy supplies, recent ...

Oil prices advanced on Wednesday after Yemen's Houthi movement claimed responsibility for a missile attack targeting a Saudi oil tanker in the Red Sea, dampening hopes for easing tensions with Iran ...

Oil prices fell sharply on Tuesday after US Treasury Secretary Scott Bessent suggested that an agreement to reopen the Strait of Hormuz could be reached as early as this week.   In trading, ...

Oil prices rose during Tuesday's trading as uncertainty persisted over the prospects for a diplomatic resolution to the conflict between the United States and Iran, while disruptions to oil flows ...

Oil prices dropped sharply during Monday's trading after US President Donald Trump announced that the United States would not proceed with a new military strike against Iran.   Trump said the ...