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

Oil prices fluctuated on Monday after jumping 7% on Friday, as renewed strikes between Israel and Iran over the weekend heightened market concerns, while European Gas prices rose. While the strikes did not directly affect Iran’s oil exports,

Oil prices rose today, June 17, as supply uncertainty deepened amid geopolitical tensions in the Middle East. Brent crude was trading up 0.7% a

The war in the Middle East could further increase oil prices, leading to serious economic consequences worldwide — and Hungary will not be spared either. In an interview with Magyar Nemzet, Oliver Hortay,

The Indian rupee is likely to dip at the open on Tuesday, weighed down by rising oil prices and a decline in U.S. equity futures after U.S. President Donald Trump called for the evacuation of Tehran.

Crude prices gained again as Israel and Iran continued air attacks against each other, sustaining market uncertainty in Asia.

This latest iteration of the Middle East crisis is both familiar and unfamiliar. We’re all back obsessing about the oil price, yet we also know from the last few years that that same oil price has appeared somewhat impervious — oblivious?

Oil prices are expected to remain capped below $80 per barrel despite the escalating conflict between Israel and Iran, according to Rystad Energy, with a potential US stabilizing role and the unlikely but feared scenario of a Strait of Hormuz closure being key factors.

Geopolitical tensions in the Middle East could drive oil prices as high as $120 per barrel according to JP Morgan, benefiting Exxon Mobil's earnings outlook. Applying the Graham Number, Exxon Mobil's intrinsic value ranges from $103 to $134 per share, depending on EPS scenarios.

The price of North Dakota crude oil is currently hovering around $61 per barrel.

DRIVERS must be spared a fuel duty hike as tensions in the Middle East push up global oil prices, MPs have warned.  New figures show petrol prices rose to 132.1p a litre yesterday,