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The Organization of the Petroleum Exporting Countries (OPEC) produced less crude oil in May than its laid out plans.
Despite fears about how oil shipments could be affected if Iran targets tanker traffic moving through the Strait of Hormuz, ...
LONDON, - The contained move in oil prices during the Israel-Iran war highlights the increasing efficiency of energy markets and fundamental changes to global crude supply, suggesting that Middle East ...
Global crude oil prices are now lower than they were before Israel attacked Iran earlier this month. A price spike did occur, ...
President Trump posted two things on his social media platform this morning: One calling for “everyone” to “keep oil prices ...
Iran is ranked third, possessing 208,600 million barrels, or 208 billion barrels. Iraq takes fourth place with 145,019 ...
The all-caps post came hours after weekend bombings in Iran rattled oil markets and reignited fears of rising fuel costs.
President Donald Trump issued a warning about oil prices on social media. Trump speaks with reporters before boarding Marine ...
Oil futures jumped more than 2% at the start of the first trading session since the U.S. launched direct attacks against Iran ...
Oil is likely to rise by $3-5 per barrel when trading resumes on Sunday evening after the U.S. attacked Iran at the weekend, ...
A successful Iran-Israel ceasefire would abate concerns over Tehran’s crude supplies and the stability of oil transport ...