The unfolding Middle East crisis extended to Iran’s energy infrastructure as Israel launched an attack on a giant gas field in the Persian Gulf, threatening further turmoil for markets.

SHALE oil production in the United States is projected to decline starting next year. From its peak of 13.5 million barrels ...

Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.

For one thing, early reports indicate the air strikes did not hit Iran’s petroleum facilities, which means the Islamic ...

Global Energy Show Canada attendees enthusiastically repeated positive oil forecast despite reports showing steep drop over ...

Oil prices jumped on Friday and settled 7% higher as Israel and Iran traded air strikes, feeding investor worries that the ...

At a two-day meeting ending Tuesday, the Japanese central bank is widely expected to maintain its policy rate at 0.5%, the level it has been at since the last hike in January, before trade frictions ...

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 ...

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 ...

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