The United States and its allies, in coordination with the IEA, last tapped emergency oil stocks in early 2022 after the ...

Iran has in the past threatened to disrupt shipping through the Strait of Hormuz if it is attacked. The Strait is the exit ...

Analysts said OPEC might not see any urgency to shift policy, as the surge in prices was driven by a rising risk premium ...

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

The price of oil surged Friday in one of the market’s largest single-day increases in years, reflecting fears that a wider ...

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

Oil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC Secretary ...

OPEC oil output rose in May, a Reuters survey found, although the increase was limited as Iraq pumped below target to ...

Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...

OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement. The five OPEC members that have ...

OPEC’s secretary-general projects a 24% rise in global oil demand by 2050 and warns of dire consequences from chronic ...

Oil prices climbed on Tuesday as investors awaited the outcome of U.S.-China talks that could pave the way for easing trade ...