The oil market is worried that Gulf countries will have to shut production if tankers are unable to pass through the Strait ...

Surging global oil prices due to the Iran war are leading to a spike in gasoline costs for U.S. motorists.

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

WTI crude tops $80 on rising Middle East tensions—see Kalshi’s year-end oil price odds, key supply risks, and top oil & energy ETFs to watch now.

Oil prices are expected to remain elevated in the near term as traders weigh ​the risk of supply disruptions through the ...

Crude prices in Europe — which initially showed a muted reaction to the war in the Middle East — are now surging as ...

U.S. crude oil inventories increased sharply last week as production recovered from winter storm disruptions and imports rose, according to data released Wednesday by the U.S. Energy Information ...

March WTI crude oil (CLH26) on Wednesday closed up +2.86 (+4.59%), and March RBOB gasoline (RBH26) closed up +0.0536 (+2.80%). Crude oil and gasoline prices rallied sharply on Wednesday amid mounting ...

Total crude oil production from the OPEC+ alliance fell by 439,000 barrels per day in January, primarily driven by a significant drop in output from Kazakhstan. Kazakhstan’s production plummeted after ...

India’s largest state-owned refiner, Indian Oil Corporation (IOC), has boosted purchases of crude oil from ?West Africa and the Middle East, as New Delhi steers clear of Russian crude in the wake of ...

Rising oil prices, fueled by ongoing conflict in the Middle East, have fanned concerns of a supply shock that could spur inflation and weigh on economic activity.

Crude oil stocks, not including the SPR, stood at 420.3 million barrels on January 30, according to the EIA's latest weekly petroleum status report. U.S. commercial crude oil inventories, excluding ...