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Tensions at the Strait of Hormuz risk 20M bpd in crude oil flow, fueling a sharp rally in oil futures and boosting market ...
Israel’s strike on Saturday triggered a powerful explosion and fire at a natural gas processing facility linked to Iran’s ...
The Saudi Arabia-led producer group has surprised the oil market this year by fast-tracking the return of idled production even as crude prices fell. It has prompted speculation that the cartel was ...
The local sharemarket is set to follow Wall Street lower on Monday as investors brace for wild swings in oil prices amid ...
Israel's air strikes on Iran are unlikely to cause a major disruption to oil supply, and market analysts believe a full-scale ...
Israel's surprise airstrikes on Iran have tumbled global energy markets, surging oil prices and raising concerns of a major ...
The unfolding Middle East crisis extended to Iran’s energy infrastructure as Israel launched an attack on a giant gas field in the Persian Gulf, threatening further turmoil for markets.Most Read from ...
SHALE oil production in the United States is projected to decline starting next year. From its peak of 13.5 million barrels ...
Motorists can expect to pay 12¢ a litre more for petrol within weeks if the oil price spike caused by war in the Middle East ...
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 ...
Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.