Oil News

US crude futures rose more than 12% on Friday but remained below Brent prices, as buyers sought available supplies while Middle Eastern shipments became restricted following the effective closure of ...

US President Donald Trump is preparing to use the US Navy to escort oil tankers through the Strait of Hormuz amid the intensifying war against Iran. However, ensuring safe passage for the large ...

Oil prices are heading for their strongest weekly gains on Friday since the extreme volatility seen during the COVID-19 pandemic in the spring of 2020, as the ongoing conflict in the Middle East ...

Oil prices rose on Thursday, extending their rally as the US–Israeli war against Iran expanded and disrupted supply and shipping routes, prompting some major producers to cut output while ...

Oil prices rose by about 1% on Wednesday as US-Israeli strikes on Iran disrupted Middle East supplies, although the pace of gains slowed compared with previous sessions after President Donald Trump ...

The global oil market is facing a worst-case set of outcomes as the war between the United States and Iran expands across large parts of the Middle East, with no clear off-ramp in sight. That raises ...

Oil prices extended their strong rally on Tuesday, with benchmark crude contracts rising about 8% and marking a third consecutive session of gains, as the conflict between the United States and ...

The Strait of Hormuz is back in the headlines. Again. Around one-fifth of globally traded oil passes through that narrow waterway between Oman and Iran. And once more, geopolitical tensions in the ...

Crude oil prices surged by more than 7% on Monday as traders grew increasingly concerned that the conflict between the United States and Iran could spiral out of control, potentially causing major ...

Oil prices rose by more than $1 per barrel on Friday, as traders remained on alert over potential supply disruptions after the United States and Iran agreed to extend nuclear ...