Oil prices could top US$100 a barrel if tanker flows through the Strait of Hormuz aren’t restored quickly, analysts said. Read more at straitstimes.com. Read more at straitstimes.com.

Oil prices are up sharply as the widening Iran war disrupted tanker traffic through the Strait of Hormuz, highlighting how important the passageway is to the world’s oil supply.

Most of Iran's exported oil goes to China and is carried on so-called "shadow ships," tankers that actively conceal their ...

The Strait of Hormuz is one of the world’s most important economic chokepoints, and it has just been closed off by the conflict in Iran.

The U.S.-Israel war on Iran has disrupted oil and natural gas exports from the Middle East and forced production stoppages ...

California’s lack of pipeline access and heavy reliance on imported crude leave it uniquely exposed to a Strait of Hormuz ...

Nigeria's FG has revised its executive order on oil revenue remittance. NNPC will still collect funds but remit them to a new CBN account.

The Phillips 66 Los Angeles Refinery could be a test case for how the state and local governments should handle refinery ...

Venezuela sits on more barrels of oil than Saudi Arabia. So why does it pump less than 1% of the global supply?

In September, a rig used to drill wells in shallow waters completed the long trip from China to Venezuela's oil-producing region of Lake Maracaibo. The passage of the big old rig named Alula just ...

A new FG report projects Cross River will regain its oil-producing status, attributing over 100 new oil wells to the state after a rigorous exercise.

Devon Energy is buying Coterra Energy to create a new U.S. shale giant, but shares of Coterra fell on Monday, as the implied purchase price is below where the stock last closed. The exploration and ...