JPMorgan says there's about a one in five chance that disruptions to oil production in the Persian Gulf send prices spiraling ...

President Donald Trump is calling for the U.S. and other oil-producing economies to pump more oil as crude prices remain ...

Iran is the world's ninth biggest oil-producing country, with output of about 3.3 million barrels per day. It exports just under half the amount and keeps the rest for domestic consumption.

Oil prices surged, stocks dropped and investors flocked to safe havens like gold on Friday after tensions between Israel and Iran escalated, stoking concerns of a broader conflict in the region.

NEW YORK (Reuters) -Oil prices climbed nearly 3% on Monday on supply concerns as producer group OPEC+ decided not to accelerate plans to hike output and wildfires in Canada's oil-producing ...

CALGARY (Reuters) -Canadian oil sands company MEG Energy said on Friday it evacuated all nonessential workers from its Christina Lake production facility in northern Alberta due to wildfires ...

Oil prices surged, stocks dropped and investors flocked to safe havens like gold on Friday after tensions between Israel and Iran escalated, stoking concerns of a broader conflict in the region.

NEW YORK (Reuters) -Oil prices climbed nearly 3% on Monday on supply concerns as producer group OPEC+ decided not to accelerate plans to hike output and wildfires in Canada’s oil-producing ...

Wildfires burning in Canada's oil-producing province of Alberta have affected more than 344,000 barrels per day of oil sands production, or about 7% of the country's overall crude oil output ...

Additionally, oil prices can surge higher whenever there are geopolitical tensions in oil-producing states. In today's case, it's Russia. We all remember the big surge in oil prices back in 2022 ...