The oil market has had a wild ride this week. Futures swung in an $8 range, volatility jumped, and bullish sentiment in ...

According to the European Union's statistics agency Eurostat, Iraq, Saudi Arabia and the United States accounted for 6.5 percent, 7.5 percent and 15.5 percent, respectively, of oil exports passing ...

Oil prices were on track to rise for the third straight week despite slipping on Friday, with investors on edge as the ...

The accident, which the United Arab Emirates said was unrelated to the conflict between Israel and Iran, occurred amid ...

(Reuters) -An escalation of the Iran-Israeli hostilities could keep Brent oil prices trading about 15% to 20% above ...

According to Alexander Novak, of all the world's oil exports, about one-third comes from the Persian Gulf countries through the Strait of Hormuz ...

Iran has long asserted that it can shut down the Strait of Hormuz. While the strait can't be "closed" in the traditional ...

There are short-term shocks and long-tailed risks from geopolitical events. Understanding the difference leads to better ...

After dipping to a four-year low before Memorial Day, gas prices may soon head in the opposite direction — and quickly — as ...

Russia's chief oil official advocated for OPEC+ oil producers to move forward with their scheduled output increase, citing an ...

Greenpeace warns of major ecological risk after oil tankers collide off UAE, possibly spilling 70,000 tonnes of crude near a ...

The national average for a gallon of regular gas could increase by 10 to 25 cents in the coming weeks. As of Wednesday, the average price was $3.19 per gallon, up 7 cents from the previous week, ...