Oil prices rallied over 7% today after Israeli airstrikes on Iran. This elevated geopolitical uncertainty and requires the ...

West Texas Intermediate (WTI) Oil price advances on Friday, early in the European session. WTI trades at $71.51 per barrel, ...

Iran, the third largest producer in the Organization of the Petroleum Exporting Countries, extracts about 3.3 million barrels of oil per day (bpd), or around 3% of global output. Following are some ...

The escalating tensions between Israel and Iran are injecting significant uncertainty into the oil market, independent of ...

The latest escalation in tensions in Iran has paved the way for the return of risk premiums on oil prices once again.

The Independent Petroleum Producers Group (IPPG) has pledged support for the Project One Million Barrels Incremental ...

Losses to oil production targets, yesterday, hits $5.7 billion (about N8.7 trillion) in the first five months of 2025, as the ...

Oil prices jumped more than 10% Thursday night after Israel launched airstrikes on Iran, marking a significant escalation in ...

Oil prices jumped over 8% Thursday night following Israel’s military strikes on Iran, marking a significant escalation in the Middle East conflict. West Texas Intermediate ( CL=F) rose to nearly $74 ...

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $72.05 during the Asian trading hours on Friday.

After reaching a high of $81/bbl on Jan. 15, the spot price of WTI crude fell sharply in April to below $60/bbl, the lowest ...

Thursday closed down -0.11 (-0.16%), and July RBOB gasoline (RBN25) closed down -0.0239 (-1.10%). Crude oil and gasoline ...