Oil prices surged following attacks on ships in the Strait of Hormuz, highlighting vulnerability of the world's most important oil transit route.
Saudi Arabia’s official selling price reduction deepened concerns about a crude supply glut, keeping oil benchmarks near recent lows.
Alberta and Ontario pitch a cross-Canada oil pipeline to lessen US reliance, potentially reshaping crude supply dynamics and challenging US energy trade…
The price of Russia's Urals oil has dropped to pre-Iran war levels, delivering a major revenue shock to the Kremlin and raising…
OPEC's production increase drove oil prices lower while the dollar steadied, setting a cautious tone across global financial markets.
OPEC+ announced a 188,000 barrel-per-day quota hike and Gulf oil flows resumed, triggering a selloff in crude futures as markets braced for…
Russia's primary Black Sea oil export hub faces a fuel crunch, potentially curbing crude shipments and lifting global oil prices.
Citi predicts Brent crude will tumble to $60 per barrel by year-end, pointing to a bearish shift in oil markets.
Oil prices steadied as more supply flowed through the Strait of Hormuz, easing fears of a supply disruption at the critical energy…
Chinese independent refiners are capitalizing on tumbling oil prices to secure cheap Middle Eastern crude, underscoring how price sensitivity among Asian buyers…
Oil prices extend decline as Strait of Hormuz flows remain uninterrupted, removing a key supply risk premium.
Musk ally Antonio Gracias targets AI and energy investments after a SpaceX windfall, lifting sentiment for AI chipmakers and clean energy stocks.