Oil markets are on edge this week as traders try to anticipate impacts on oil supplies from a potential major retaliation on ...

Fifteen miles off Iran's northwestern coast, the Kharg Island terminal handles more than 90% of the country's crude exports.

At just $70 a barrel, US oil prices remain much closer to their 2024 lows than their highs last fall of nearly $90. The ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row, energy services ...

A calm 2024 for petroleum prices has given way to bets that a spike in energy prices could follow.

Oil prices rose further on Friday and were on track for strong weekly gains as investors weighed the prospect of a wider ...

As the conflict across the Middle East widens, rising oil prices are being closely watched. The cost of oil affects ...

Wall Street has taken notice — share prices for companies in oil, gas, and drilling have moved higher with crude prices. The ...

If Iran's oil installations are taken offline, oil prices could surge over $200 per barrel, SEB's Bjarne Schieldrop said.

Friday’s jobs report could bolster the view that the American economy is holding steady, but an oil price shock could ...

Oil prices rise again as the world continues to wait to see how Israel will respond to Iran's missile attack on Tuesday.

President Joe Biden said on Friday he would think about alternatives to striking Iranian oil fields if he were in Israel's ...