Both the U.S. and global oil prices were climbing on Monday as hopes for a peace deal between Washington and Tehran were again clouded.

Oil prices rose on Monday after Israel instructed troops to push deeper into Lebanon amid renewed clashes with the Iran-backed Hezbollah group.

U.S. oil prices bounced back above $90 a barrel early Monday after Tehran issued a stark warning after retaliating for U.S. strikes over the weekend. The U.S. a

China has been cited as an example of a country that has managed to insulate itself relatively well against oil crises. With over a billion barrels in estimated

Iran's blockade of the Strait of Hormuz has seriously challenged freedom of navigation in the sea lane, raising questions about the future.

Amid the supply disruption in the Middle East, Japan’s crude oil imports crashed by 66% in April from the same month last year, official Japanese data showed on

Just about two months ago, JPMorgan did the math on "How Long Before The World Hits Crude Oil Operational Minimum." The punchline was that while the market can

India's economy remains resilient to the external shocks, but the oil price surge amid the global supply disruption poses near-term downside risks to economic g

Brent crude is heading for its biggest weekly drop in two months as markets bet on a 60-day ceasefire extension and partial reopening of the Strait of Hormuz. I

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

Federal Reserve Bank of Kansas City President Jeffrey Schmid has warned that the current global energy shock cannot simply be dismissed as transitory, given alr

Colombia’s rapidly approaching 2026 presidential election is generating considerable concern about the economy, notably the country’s oil industry. Gustavo Petr

Three decades ago, I had just graduated from Texas A&M University and taken my first job as a chemical engineer in Corpus Christi, Texas. At the time, few peopl

The S&P 500 posted its longest weekly winning streak since 2023 and Brent oil stabilized near $92 on US-Iran ceasefire hopes. The biggest cryptocurrencies still

The price of crude oil in May recorded its biggest one-month decline in six years, delivering some relief to consumers.

Stocks in the nation’s Strategic Petroleum Reserve are near their lowest in more than 40 years — but it may not matter

A White House meeting Friday ended without a decision by the U.S. president.

Oil prices fell Friday after President Trump said he would meet in the White House Situation Room to make a final decision about a deal with Iran.

Large exchanges are designing derivative products around AI tokens, which are increasingly being considered less a computational output and more a raw material

Oil prices have pulled back sharply from recent highs, suggesting that the market was optimistically pricing in at least a partial reopening of the Strait of Ho