July WTI crude oil suffered its largest weekly decline in months as traders aggressively removed geopolitical risk premium from the market on growing hopes that

Early on Friday, oil prices were on track to plunge by 19% in May as traders and speculators bet on an extended ceasefire and an eventual U.S.-Iran deal despite

Global stocks hit records and oil cracked on a tentative US-Iran ceasefire extension. Crypto stayed on the sidelines, with some analysts saying the next catalys

Several large investors say it was hard to arrange meetings with Albert Manifold before his removal from oil major

Biggest monthly decline in Brent crude since 2020 comes amid signs US and Iran could be close to a deal

Oil prices jumped after the U.S. said it shot down four Iranian attack drones, casting doubt once again on the prospects for a peace deal.

Oil prices and stock markets fluctuated as investors assessed tentative signs of a pact to extend a cease-fire.

A report of a extended ceasefire, subject to Donald Trump's approval, has led to global oil prices to fall on Thursday.

Global oil prices have retreated sharply amid hopes that a lasting Middle East ceasefire can unlock the Strait of Hormuz.

The stock market rose to fresh highs Thursday on a reported interim U.S.-Iran deal. Dell soared overnight on earnings.

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 2.8 million barrels in the week ending May 22. In the w

Global oil inventories are fast approaching a critical point, with Asia the first facing “minimum operational levels” and Europe close behind. This is the lates

Oil prices spiked once again in early Asian trade on Thursday after reports of fresh U.S. strikes on Iranian military targets reignited fears that the most rece

Two supertankers and an LNG carrier have passed through the Strait of Hormuz this week and are currently en route to their destinations in China and India, Reut

Suriname’s offshore Block 52, which has already yielded a major gas discovery, could be declared commercial for oil within the next year and a half, Annand Jage

Oil prices jumped after the U.S. said it shot down four Iranian attack drones, casting doubt once again on the prospects for a peace deal.

The strikes come despite a ceasefire between Tehran and Washington as the two countries hold peace talks.

Coffees at some city centre outlets now cost £5. It's a story of tariffs, the climate, Gen Z cultural tastes, and savvy coffee farmers playing the market, write

United States-Iran strikes are testing a fragile cease-fire, casting doubt on a peace deal and reopening the Strait of Hormuz.

Oil prices rose on Thursday after fresh U.S. strikes in Iran renewed concerns over disruptions to commercial shipping through the Strait of Hormuz.