Oil News

Oil prices rose by more than 1% amid continued restrictions on shipping traffic through the Strait of Hormuz, which overshadowed expectations for the resumption of talks between the United States and ...

Oil prices declined on Tuesday as signs appeared of the possibility of resuming talks to end the war between the United States, Israel, and Iran, which eased concerns of supply shortages resulting ...

Oil prices rose on Monday after the U.S. Navy imposed a blockade on Iranian ports, following the failure of peace talks between Washington and Tehran over the weekend.   U.S. crude futures for ...

Oil prices rose again above the level of $100 per barrel on Monday, as the U.S. Navy prepares to impose a blockade on ship movements to and from Iran through the Strait of Hormuz, in a step that may ...

A common idea persists within the energy sector that American refineries are "unable" to process the light, low-sulfur crude oil resulting from the shale oil boom. This claim often surfaces whenever ...

Oil prices are heading to record their largest weekly loss since last June, despite the slight gains achieved on Friday, amid renewed concerns regarding supplies from Saudi Arabia and oil flows ...

Oil prices rose by more than 3% on Thursday with increasing doubts about the resilience of the fragile two-week truce in the Middle East, which sparked fears of continued restrictions on energy flows ...

Oil prices fell below $100 per barrel on Wednesday after Donald Trump announced his approval of a two-week ceasefire with Iran, on the condition of an immediate and safe reopening of the Strait of ...

Oil prices hovered around the level of $110 per barrel on Tuesday, with the approaching deadline set by American President Donald Trump for Iran to reopen the Strait of Hormuz or face military ...

Oil prices fell in volatile trading on Monday as investors await clarity regarding the status of talks between the United States and Iran, while concerns persist over supply losses resulting from ...