Fears that Israel may destroy Iranian oil facilities to deprive it of its main source of revenue have driven oil prices ...

Iran has in the past threatened to disrupt shipping through the Strait of Hormuz if it is attacked. The Strait is the exit ...

The shift in OPEC+ policy suggests that oil prices will come under pressure towards the end of the year. Click to read.

Crude oil futures started the week higher as the market weighs doubts about how much extra oil OPEC+ countries have placed on ...

The OPEC+ alliance may be boosting oil-production quotas at a significant pace in a push to restart idled capacity, but that ...

OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement. The five OPEC members that have ...

For months, the biggest news in the market has been OPEC+’s seismic decision to stop supporting oil prices — instead ...

OPEC oil output rose in May, a Reuters survey found, although the increase was limited as Iraq pumped below target to ...

Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...

After reaching a high of $81/bbl on Jan. 15, the spot price of WTI crude fell sharply in April to below $60/bbl, the lowest ...

The oil market is racing toward a reckoning as a Saudi-led output surge only adds to expectations of a market that will be in surplus later this year. The crucial question is when?

Halliburton is the third-largest oilfield services company in the world, so any time oil prices go up, it's a recipe for ...