The European Union is moving closer to banning all imports of Russian oil and natural gas more than three years after Moscow ...

Shipowner Frontline said the incident near the Strait of Hormuz was due to navigational issues and not related to the current ...

Israel hasn’t attacked Iran’s energy export hubs so far. If it does, China could find itself cut off from a flow of cheap oil ...

Stocks lost ground in early trading Tuesday, while oil prices moved higher, as investors monitored developments in the ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

The initial round of Israeli attacks sent oil prices 7 percent higher on Friday. Still, at about $74 a barrel, Brent crude ...

China is continuing to build up crude oil stockpiles as it refines substantially less than what it has available from imports ...

A surging oil price is likely to trigger a depreciation in Asian currencies, notably the Thai baht, Taiwan dollar and Korean ...

Markets are concerned about Iran's frequent threats to blockade the Strait of Hormuz, just as the US heads into peak summer ...

What’s an oil producer to do when it sees its core product under threat from declining demand and a war-torn neighborhood?

The price of oil has taken a big step down after a report that Iran is seeking an end to the conflict with Israel. Iran has ...