Oil prices decreased significantly. This happened after President Trump announced a ceasefire agreement between Iran and ...

The price of crude oil plunged Monday afternoon, following Iran's retaliatory attacks targeting a U.S. military base in Qatar ...

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.15 during the Asian trading hours on Tuesday. The WTI price falls as US President Donald Trump said a ceasefire has ...

Yet, U.S. benchmark oil prices tumbled $5.33 to close at US$68.51 a barrel on Monday as oil markets tried to assess the risk ...

Oil also powers less of the US economy these days. In 1975, petroleum accounted for 47% of the energy consumed in the United ...

The all-caps post came hours after weekend bombings in Iran rattled oil markets and reignited fears of rising fuel costs.

Amid the escalating conflict in the Middle East, Italian energy major Eni has reduced the number of staff at the Zubair oil ...

President Trump posted two things on his social media platform this morning: One calling for “everyone” to “keep oil prices ...

Oil futures reversed initial gains as traders assessed possible retaliatory moves from Iran following US strikes against the ...

Only about 5 million barrels a day of oil exports could be diverted through Saudi Arabia's East West Pipeline and the United Arab Emirates' Adcop pipeline, out of a total of around 15 million barrels ...

"Any obstruction to the waterway may lead oil prices to spike to three digits, even though some of the crude volumes from the Gulf could be diverted via pipelines located in the UAE and Saudi Arabia," ...