Oil was higher in the early Asian session. “Traders are mindful of rising geopolitical tensions in the Middle East,” ANZ Research analysts said.

Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open ...

Discover UAE's rich pearl diving legacy, a maritime history that shaped the nation before oil, with tales of prosperity and skilled craftsmanship.

A portfolio manager pointed out a “unique” market development that could already be helping to tighten global crude inventories, even as major oil producers look to boost output for a fifth straight ...

Roughly 1.1 million gallons of crude oil spilled from a pipeline into the Gulf of Mexico in November 2023 because operators failed to shut it down for nearly 13 hours after their data first hinted … ...

SIDNEY, Mont. (AP) — Authorities say an explosion at a storage and disposal plant in the oil fields of eastern Montana Wednesday night was felt by people 10 miles (16 kilometers) away but caused ...

The slide in oil prices has been “an outlier” compared with price rises associated with previous Middle East conflicts, according to latest Rystad Energy research.

Iran launched missiles at a U.S. military base in Qatar on Monday, threatening to stoke a wider conflict in the Middle East, ...

Immediately after Israel attacked Iran earlier this month, crude oil prices spiked up — exactly like you'd expect with a war that threatens oil supplies. The price increase was substantial: 7% within ...

Can India truly elevate its position in the global oil and gas distribution vertical, while the world focuses on potential supply chain disruptions if the Strait of Hormuz?

When looking at a map, the Strait of Hormuz might not seem all that impressive. It’s just a slim waterway squeezed between Iran and Oman. But don't let the size fool you. This narrow passage is one of ...

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.