Commercial crude stocks are seen falling by 1.7 million barrels to 413.4 million barrels in the week ended June 27, according to the average estimate of nine analysts and traders. Six expect a decline ...

A portfolio manager pointed out a “unique” market development that could already be helping to tighten global crude ...

Oil prices edged lower in early trade, as concerns over OPEC+’s production plans and unresolved trade tensions continued to cloud sentiment.

The U.S. Energy Information Administration's latest short term energy outlook sees U.S. crude oil production rising this year ...

Oil futures retreated after three straight sessions of gains, ending both the month and the quarter lower. WTI settled down 0.6% at $65.11.

U.S. crude oil production hit a record 13.47 million barrels-per-day in April, up from 13.45 million bpd in March, according ...

A blockade of the strait, through which one-fifth of global oil consumption passes, would have a catastrophic impact on the ...

American leader touts 'great honor to make this happen' as Beijing backs Tehran's commitment to safeguarding 'its sovereignty ...

Oil prices continued to fall following U.S. President Donald Trump's announcement that Israel and Iran had reached an ...

"Russia could emerge as a beneficiary if Iran were to close the Strait of Hormuz," said Nikos Tzabouras, analyst at Tradu.

US seeks China help to stop closure • EU warns move ‘extremely dangerous’ Iran’s Supreme National Security Council ...

The narrow, U-shaped seaway snaking between Iran and the Arabian Peninsula is the gateway for Gulf energy shipments to global ...