The oil market is worried that Gulf countries will have to shut production if tankers are unable to pass through the Strait ...

Crude oil (CL=F) just pulled a move straight out of the meme-stock playbook. Prices ripped nearly 80% in six days, briefly touching around $120 a barrel before tumbling back toward the mid-$70s as ...

ORLANDO, Florida, March 11 (Reuters) - Oil prices rose sharply on Wednesday despite a record release of global crude reserves, stoking inflation fears and lifting two-year Treasury yields to the ...

A historic disruption to the world’s oil production sent crude prices smashing through the $100 barrier Monday for the first time in nearly four years.

Oil prices rose sharply when market trading began late Sunday over concerns that the supply from Iran and elsewhere in the ...

LONDON (Reuters) -BP said it expects upstream production to rise in the third quarter, reversing earlier guidance for a slight decline, but flagged weak oil trading performance in a trading update ...

The high prices came as U.S. and Israeli attacks on Iran and retaliatory strikes against Israel and U.S. military ...

Both Vitol and Trafigura have secured preliminary special licenses allowing them to negotiate and export Venezuelan crude, with Trafigura preparing to load its first cargo this week. The traders vied ...

Oil prices fell below $60 per barrel recently due to a combination of oversupply and weak demand. Global oil inventories are rising, putting downward pressure on prices. At the same time, both OPEC+ ...

Oil has become the momentum trade of choice on Hyperliquid, the crypto exchange fast emerging as a round-the-clock venue for ...

Crude oil futures fell by the most in four years, even after US Energy Secretary Wright mistakenly said the US Navy had successfully escorted a tanker through the Strait of Hormuz.

When the oil trading community descended on London for its annual International Energy Week jamboree last week, the bears outnumbered the bulls, probably by three-to-one. They fought about supply.