Record-breaking US crude inventory drop, fueled by surging exports, tightens supply and sets the stage for a sharp rally in WTI and…
The Strait of Hormuz closure cuts off a vast share of oil supply, sending crude prices soaring, fueling inflation and forcing a…
The South African Reserve Bank is set to hike borrowing costs as the Iran war drives up oil and import prices, putting…
Chevron and Motiva's curbed deliveries of motor oil feedstock threaten to tighten lubricant supply, potentially lifting base oil prices and impacting crude…
UK payrolls fell 52,000 in April, accelerating BOE rate-cut bets and sinking sterling as the Iran war sent oil spiking and global…
European stocks advanced as a US Iran oil waiver report fuelled hopes for lower energy costs and eased supply disruption fears.
Bond yields surged to multi-year highs, with the 10-year Treasury yield topping 4.70%, as rising oil prices fueled fears that sticky inflation…
European airline stocks rally as Bloomberg Opinion piece downplays Iran war impact on summer travel.
The Indonesian rupiah plunged to an all-time low amid rising oil prices and a post-holiday reopening, underscoring the currency’s sensitivity to energy…
Berkshire Hathaway's sale of $8 billion in Chevron shares as oil prices surged signals a major investor locking in gains, potentially pressuring…
Global oil stockpiles could approach all-time lows by the end of May due to the Strait of Hormuz closure, UBS analysts warn,…
Trump's proposed federal gas tax suspension could save drivers 18.4 cents per gallon, translating to $200 annual savings per family, but would…