Global Oil Prices Jump as Attacks Resume in the Middle East
After several days of a lull in the direct conflict, a flare up in tensions left investors concerned about the continued flow of energy from the region.
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After several days of a lull in the direct conflict, a flare up in tensions left investors concerned about the continued flow of energy from the region.
Loadings at a Mediterranean port have picked up as Saudi Arabia races to offer its oil to buyers through a lengthier — and more expensive — backdoor.
West Texas Intermediate and Brent crude’s front-month contracts climbed on Wednesday on the risk of more fighting.
Oil rose sharply amid renewed tensions in the Middle East after Iran launched an attack on U.S. forces using ballistic missiles.
US equity futures were mixed pre-bell Wednesday as hostilities between the US and Iran resumed after
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Crude oil prices are retreating after Brent hit $100 again last week as the United States and Iran took a break from hostilities over the weekend. Yet with the
Oil prices continued to trend lower in early Asian trade on Tuesday as a fourth night passed without any attacks from either Iran or the United States. At the t
Australia’s government has launched a feasibility study for an oil refinery that, if approved, would be the first such facility to be built in the country in si
Japan is planning to join the rush to diversify oil export routes away from the Strait of Hormuz by investing in pipeline projects abroad, notably in the Middle
Iran looks to accelerate infrastructure projects at its main oil export terminal at Kharg Island, amid on-and-off threats by U.S. President Donald Trump to eith
More than half a dozen empty supertankers are currently en route to Egypt’s Sidi Kerir port to pick up Saudi crude as the world’s top crude oil exporter is re-r
The anti-government protests in Libya over power cuts and high electricity bills over the past few days escalated on Tuesday, with protesters entering the Melli
No strikes have been reported from either side since Friday, leaving oil investors optimistic about a resolution to the conflict.
Brent crude and West Texas Intermediate’s front-month contracts fell again as the U.S. and Iran continue to pause fighting.
Climate disruption could prolong inflation. Look to refiners, tanker operators and agricultural stocks.
President Donald Trump said Monday the U.S. has sold more than $13 billion of Venezuelan oil since taking control of the South American nation's energy exports.
(Updates with economic data, recent oil price movement, world markets' overview and corporate stock
Less than a month ago, analysts were warning of a looming glut of crude oil as tanker traffic via the Strait of Hormuz began to recover amid a U.S.-Iran ceasefi