Iran's oil minister landed on Kharg Island, home to the country's main export terminal, and held talks with a naval commander on Sunday, the oil ministry's news website Shana reported ...
Oil executives have emerged as an increasingly important source of funding for Donald Trump, as industry titans open their ...
Whatever happens, oil prices look set to be nearer $50 a barrel than $100 for the foreseeable future. Only an all-out war in the Middle East can change that outlook.
Analysts believe that a major supply disruption, such as the closure of the Strait of Hormuz, remains unlikely.
An about 20% rise in the global price of a barrel of oil is predicted if Israel launches missile attacks against Iranian oil fields.
While Iran can export 1.7 million barrels, Saudi Arabia, alone, has been able to increase production by three million barrels per day. President Joe Biden stated he was opposed to strikes on Tehran’s ...
The question of the path of crude prices from now on will largely depend on Israel's response to the Iranian attack ...
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OPEC+ has enough spare oil production capacity to offset any supply shocks from Iran if tensions escalate further.
Oil prices recorded a 9% weekly gain amid escalating conflict in the Middle East, with Brent crude nearing $80 per barrel, ...
Nigeria continues to struggle to meet its OPEC’s quota as its crude oil production fell by 40,000 barrels per day ...