Increasing geopolitical tensions and concerns about production levels have been fueling volatility in the energy markets ...
An already spooked energy market received further jitters on Friday after U.S. President Joe Biden suggested Israel targeting ...
Oil markets are on edge this week as traders try to anticipate impacts on oil supplies from a potential major retaliation on ...
Oil prices rose further on Friday and were on track for strong weekly gains as investors weighed the prospect of a wider ...
Iran and Libya are both members of OPEC. Iran, which is operating under U.S. sanctions, produced about 4.0 million barrels ...
Senior ministers from Opec and its allies have kept to current plans to reduce production. Crude prices have spiked due to ...
Energy analysts have questioned whether oil markets are being too complacent about the risk of a widening conflict in the ...
Fifteen miles off Iran's northwestern coast, the Kharg Island terminal handles more than 90% of the country's crude exports.
Shares of Devon Energy (NYSE: DVN) fell 12.6% in September, according to data provided by S&P Global Market Intelligence. The ...
Oil is the dog that has not barked since the Middle East blew up. If Iran had launched a full-blown missile strike at Israel ...
Oil prices firm amid growing supply risks. ICE Brent is trading more than 8% higher than it was before Iran's missile ...
OPEC has spare oil capacity to offset Iranian supply loss, but conflict escalation could impact global oil prices.