News

Despite fears about how oil shipments could be affected if Iran targets tanker traffic moving through the Strait of Hormuz, ...
NEW YORK] Oil prices fell 6 per cent on Tuesday (Jun 24) to settle at a two-week low, on expectations the ceasefire between Israel and Iran will reduce the risk of oil supply disruptions in the Middle ...
Iran is ranked third, possessing 208,600 million barrels, or 208 billion barrels. Iraq takes fourth place with 145,019 ...
President Trump posted two things on his social media platform this morning: One calling for “everyone” to “keep oil prices ...
The easing of tensions in the Middle East—a key oil-producing region—helped calm fears over potential supply disruptions that ...
Oil prices fell 6% on Tuesday to settle at a two-week low, on expectations the ceasefire between Israel and Iran will reduce the risk of oil supply disruptions in the Middle East.
A successful Iran-Israel ceasefire would abate concerns over Tehran’s crude supplies and the stability of oil transport ...
Oil also powers less of the US economy these days. In 1975, petroleum accounted for 47% of the energy consumed in the United ...
OPEC+ group of leading global oil producers could bring forward its output hikes by around a year from the initial plan, Igor ...