U.S. and Chinese purchases for strategic oil reserves are expected to offset any potential global surplus, keeping oil prices ...

OPEC+ production growth in the coming months is unlikely to lead to market overstocking, said Alexander Dyukov, CEO of Gazprom Neft, the oil arm of Russian energy giant Gazprom.

Russia indicates a willingness to collaborate with the United States and Saudi Arabia to stabilize the global oil market, citing a precedent from 2020.

Meanwhile, some US senators are pushing for stricter sanctions on Russia, including a proposal for 500% tariffs on imports from nations that purchase Russian oil. This could in part explain ...

Israel and Iran are engaged in attacks for a fifth straight day, with Israel targeting Iran’s nuclear facilities, military ...

Nearly the entire southern border of Iran is populated by oil and gas fields, many of which are jointly operated with allies ...

Nearly the entire southern border of Iran is populated by oil and gas fields, many of which are jointly operated with allies ...

Nation's soaring oil and natural gas production may buffer energy prices if Israel-Iran conflict disrupts global supplies, ...

Escalating Iran-Israel tensions risk disrupting oil markets. Learn how global oil supply, U.S. reserves, and economic ...

While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — have rattled investors, sending oil futures soaring by around 10% since ...

US crude oil production in the week ending May 30 rose +0.1% w/w at 13.408 million bpd, modestly below the record high of 13.631 million bpd from the week of December 6.

Crude oil's sharp reversal of the Israel-Iran war premium shows the power of a few words from a key player to move the market ...