ENERGY Secretary Raphael Lotilla said Friday fuel supply and pump prices in the country remain stable amid the escalating tension between Israel and Iran, with new developments sparking fears of an ...

Amid the recent downturn in oil prices, Halliburton has delivered fairly lackluster results, with revenue down 6.7% in its recent quarter. That being said, Halliburton's stock valuation is also very ...

LOCAL oil industry sources announced that all fuel products are likely to increase in prices again next week, mainly due to ...

WTI crude oil (CLN25) is up +4.20 (+6.17%), and July RBOB gasoline (RBN25) is up +0.0825 (-3.85%). Crude oil prices initially ...

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 ...

Oil surged as much as 13% after Israel carried out airstrikes against Iran, raising fears of a wider war in a region that accounts for a third of global crude production.

Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days ...

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

Oil surged as much as 13 per cent after Israel carried out waves of strikes against Iran, raising fears of a wider war in a ...

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

Israel’s strike on Iran has injected a fresh bout of geopolitical risk into an oil market that has been in the doldrums due to concerns about the global economy and supply increases from OPEC+.

OPEC+’s latest increase of 411,000 barrels per day (bpd) for July, the third such hike in three consecutive months, suggests ...