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Despite Iran conflict, oil companies are unlikely to heed the president's call to "drill, baby, drill"
President Trump posted two things on his social media platform this morning: One calling for “everyone” to “keep oil prices ...
Oil price ticks higher after 2-day slump as energy traders assess Iran-Israel ceasefire
Brent crude rose about 1 per cent to near US$68 a barrel, after slumping 13 per cent over the past two days, while West Texas Intermediate was above US$65.
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OPEC’s Oil Output In May Was Lower Than Planned: Here’s Why
The Organization of the Petroleum Exporting Countries (OPEC) produced less crude oil in May than its laid out plans.
Head of Russia's Rosneft says OPEC+ could speed up oil output hikes by a year
OPEC+ group of leading global oil producers could bring forward its output hikes by around a year from the initial plan, Igor ...
Marketplace1d
Why these oil experts aren't panicking about the Strait of Hormuz
Despite fears about how oil shipments could be affected if Iran targets tanker traffic moving through the Strait of Hormuz, ...
Oil prices shed 2% as Iran-Israel ceasefire eases concerns over supply, Strait of Hormuz closure
A successful Iran-Israel ceasefire would abate concerns over Tehran’s crude supplies and the stability of oil transport ...
Russia's Novak discusses global oil market situation with OPEC secretary general, government says
Russian Deputy Prime Minister Alexander Novak has discussed the situation on the global oil market with OPEC Secretary ...
Oil hits five-month high after US strikes key Iranian nuclear sites
The rise in prices came after President Trump said he had "obliterated" Iran's main nuclear sites in strikes over the weekend ...