Tanker traffic through the Strait of Hormuz has collapsed by 90% to 95% compared to pre-war levels, analysts concur. Some oil cargoes continue to trickle throug

The decades-old term refers to the sustained loss of demand for a commodity, caused by high prices.

After years of delays, Australia's largest undeveloped oil project could progress to a final investment decision in 2027 as the energy crisis amid the Iran war

Fresh strikes on Kuwait and Oman undermine hopes of a U.S.-Iran de-escalation, keeping oil markets on edge and traders skeptical of diplomatic progress. Friday,

India is launching on Friday a new fuel blend with an 85% ethanol component as part of the fuel flex mobility program of the world's third-largest crude importe

The Bank of England may know where inflation is headed, but it has a much harder time knowing where oil—and interest rates—are headed. That was the message from

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bring

The US Strategic Petroleum Reserve has taken a beating during the Iran war, but Energy Secretary Chris Wright says the government's emergency oil stash is heade

“60 Minutes” correspondents Leslie Stahl, Bill Whitaker and Jon Wertheim said Friday that they planned to stay on at the newsmagazine, capping days of turmoil.

Political outsider’s campaign is overshadowed by accusations of inappropriate behaviour

Shipowners ploughed windfall into new vessels and are braced for steep drop in rates if Strait of Hormuz reopens

U.S. commercial oil inventories may be too low for comfort as the war with Iran enters its fourth month far from a clear resolution — and a lot is riding on how

President Trump's comments are sure to roil members of Congress who criticized the appointment of Bill Pulte as acting national intelligence director.

Oil prices would spike if Iran's Houthi allies started attacking ships passing through the Bab el-Mandeb Strait.

Gwynne Shotwell, the president and chief operating officer, is the adult-in-the-room foil to Mr. Musk as SpaceX prepares for a blockbuster initial public offeri

Iran's oil exports fell to their lowest level in at least six years in May as the U.S. naval blockade continued to choke off crude shipments and leave tens of m

South America has raised its oil exports more than the U.S. has done so far this year as key producers in the region boosted production and shipments to a world

North Dakota’s elected officials are pushing hard to deploy Enhanced Oil Recovery (EOR) technologies to boost oil production in the Bakken before Donald Trump's

Media reports about a blast disrupting oil loadings at Oman’s main terminal pushed benchmark prices higher earlier today, in the latest sign that any hopes abou

Indian energy companies are interested in expanding into Venezuelan oil, New Delhi’s top energy official Hardeep Singh Puri said today at a meeting with Venezue