Oil majors Exxon and Chevron see earnings surge as Iran war turmoil pushes Brent and WTI crude to multi-month highs.
A 95% cut to oil-drilling bond requirements on federal lands is set to lower costs for energy companies and boost U.S. production,…
Shipowners avoiding the Strait of Hormuz drive crude oil supply fears and price gains, while tanker stocks rally on increased voyage distances.
OPEC's rejection of peak oil demand and emphasis on energy security over climate goals underpins bullish crude outlook and lifts energy assets.
Iran war risks spur Australia to approve a giant oil field, easing near-term supply fears but altering long-term crude supply dynamics.
The collapse of US-Iran negotiations to reopen the Strait of Hormuz—exacerbated by President Trump’s unsuccessful China trip—has deepened a global oil supply…
Saudi oil output sank to a 34-year low in April, amplifying OPEC+ supply cuts that propelled Brent crude above $84 and tightened…