Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.

U.S. Energy Secretary Chris Wright said on Friday he and his team are working with the White House's National Security ...

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

Fears that Israel may destroy Iranian oil facilities to deprive it of its main source of revenue have driven oil prices ...

Israel’s unprecedented attack on Iran raises the specter of sharply higher gasoline prices, just as the summer driving season ...

Oil prices surged, stocks dropped and investors flocked to safe havens like gold on Friday after tensions between Israel and ...

Though OPEC may say its job is to keep prices stable, in fact the market swings up and down. When prices are up, Saudi Arabia ...

Dan Pickering, Founder & CIO from Pickering Energy Partners, joins CNBC's Dan Murphy to talk oil prices, and he says OPEC ...

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

The OPEC Fund for International Development (OPEC Fund) will convene global leaders, policymakers and innovators for its fourth Development Forum on Tuesday, June 17, 2025, in Vienna, Austria, under ...

A sustained rise in the price of crude oil, which jumped sharply after Israel attacked Iran, could hurt consumers and ...

Fatih Birol, executive director of the International Energy Agency (IEA), says the agency is prepared to act if necessary to ...