USO and BNO are rated hold, with trading preferred over investing amid heightened Middle East conflict volatility. Read more ...

Disrupted crude flows from the Middle East via the Strait of Hormuz, exacerbated by the war in Iran and a Saudi refinery ...

Asian refiners are considering slashing crude processing rates by up to 30% as the war in Iran has effectively closed the Strait of Hormuz, delaying critical Middle Eastern crude deliveries.

Asia depends on oil and gas from the Middle East, sourcing 60% of its crude from the region, making it highly vulnerable if ...

Shares of Reliance Industries rose nearly 2% to ₹1,414 after the US granted a 30-day waiver allowing Indian refiners to ...

An Iranian drone struck Saudi Aramco's Ras Tanura oil facility, causing a fire. As per initial information there are no ...

Oil prices are absolutely ripping higher, with investors of all stripes increasingly viewing oil stocks as a great place to ...

Iran sits on one side of the Strait of Hormuz — the shipping lane for about a fifth of the world’s crude from key suppliers ...

By Chen Aizhu, Trixie Yap and Siyi Liu SINGAPORE, March 3 (Reuters) - Zhejiang Petrochemical Corp, a major Chinese refiner ...

The move provides immediate relief for some of the economies most impacted by disruptions in the Middle East. Read more at ...

Israel launched a new wave of strikes on Tehran and Iran responded with more missile barrages. Iran has said it has closed ...

While US production leads, refinery mismatches and logistics keep Saudi Arabia as the top exporter, anchoring global supply ...