The price of crude oil stabilized on Monday after Iran's limited retaliation against U.S. strikes on Iran's nuclear site and hopes Iran doesn't disrupt the global flow of oil.

That’s the question Rigzone asked David Moseley, the Head of Europe Research at Welligence, in a recent interview. Responding ...

In recent days OPEC+ — a group of oil exporting nations — announced plans to scale back oil production.

Oil from here winds up in dozens of different varieties sold around the world, many of which can be purchased online directly from local mills.

The world’s top oil consumer in 2024 was the U.S., according to the Energy Institute’s (EI) latest statistical review of ...

Western sanctions on oil from places like Iran, Russia, and Venezuela have caused a growing number of oil tankers to shut off the tracking system that could alert authorities of their movements.

The global oil map is being redrawn as the long-run impact of western sanctions channels more barrels from Russia to Asia’s largest economies, with China also taking crude from Iran and Venezuela.

A map of the Middle East and the world highlighting locations where Sahara Thunder traded oil, with the title “How Iran moves sanctioned oil around the world”.

Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.

Published a special report based on leaked emails last year that showed how Iranian oil company Sahara Thunder moved around the globe.