Airline stocks are under pressure Thursday as escalating tensions in the Middle East push oil prices to a seven-month high, heightening concerns over fuel costs and profit margins. As the U.S. deploys another aircraft carrier to the region amid stalled nuclear talks with Iran,

Fitch Ratings pointed out that its baseline oil price should be sufficient to sustain continued strong public capital expenditure

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. The risk of crude oil supply disruption in the Middle East has dropped to just 4%, according to options traders, Goldman Sachs said in a new note ...

With U.S. activity slowing, major oilfield service firms including SLB, Halliburton, Weatherford, Helmerich & Payne, and Patterson-UTI Energy are pivoting toward the Middle East for growth

Blas: Because the Middle East is so important for global supply, and particularly the Strait of Hormuz is so important to global supply, the conventional wisdom - and actually the reality - has been that every time that we have been involved in conflict in the Middle East, the oil prices have increased.

KUALA LUMPUR (Reuters) -Global energy executives gathered in the Malaysian capital on Monday for an industry conference with an eye on the dramatic escalation in the conflict between Israel and Iran, which has fuelled worries that it could widen and ...

Israeli airstrikes in Lebanon this week have killed about 550 people. Israel escalated its war against Hezbollah this week with a campaign of deadly airstrikes that stoked concern about the potential for a wider conflict in the Middle East. Since Monday ...