The West's energy watchdog said on Friday it was ready to release oil stocks should the market experience shortages following ...

Fears that Israel may destroy Iranian oil facilities to deprive it of its main source of revenue have driven oil prices ...

Analysts said OPEC might not see any urgency to shift policy, as the surge in prices was driven by a rising risk premium ...

Though OPEC may say its job is to keep prices stable, in fact the market swings up and down. When prices are up, Saudi Arabia ...

Iran has in the past threatened to disrupt shipping through the Strait of Hormuz if it is attacked. The Strait is the exit ...

A sustained rise in the price of crude oil, which jumped sharply after Israel attacked Iran, could hurt consumers and ...

The price of oil surged Friday in one of the market’s largest single-day increases in years, reflecting fears that a wider ...

The escalating tensions between Israel and Iran are injecting significant uncertainty into the oil market, independent of ...

Fatih Birol, executive director of the International Energy Agency (IEA), says the agency is prepared to act if necessary to ...

Israel’s unprecedented attack on Iran raises the specter of sharply higher gasoline prices, just as the summer driving season ...

The global oil market is back in chaos after Israel launched military strikes against Iran on Friday. The move pushed crude ...

Oil gains of up to 14 per cent were largest intraday move since 2022 Iran’s nuclear facility in Natanz damaged in Israeli ...