Iran exports nearly half of its oil production and uses the rest for its own domestic needs. The sliver of Iran’s oil exports that China does not purchase is shipped mainly as economic assistance or ...

Global oil prices have been falling until increased geopolitical tensions in the Middle East saw jumps this week. So what ...

Increasing geopolitical tensions and concerns about production levels have been fueling volatility in the energy markets ...

Goldman Sachs warns that oil prices could surge by $20 per barrel if Iran's oil supply is disrupted due to the Middle East ...

Even as geopolitical tensions mount, a panel meeting of OPEC on Wednesday maintained status quo on the cartel’s oil output ...

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

Missile attack on Israel has led to 'significant' jump in geopolitical risk premium for crude oil, analysts say ...

The news of the missile attack on Israel has led to a significant jump in geopolitical risk premium for oil price, analysts ...

Saudi Arabias oil minister has issued a warning that oil prices could fall to $50 a barrel if certain OPEC+ members continue ...

"The alleged statements, attributed to unnamed sources, lack any credibility and are completely fabricated," OPEC noted ...

Crude oil futures ended with small gains. Saudi Arabia oil minister reportedly warned OPEC members that oil could drop to $50 ...