Oil is oozing through the ocean near Kharg Island in the Strait of Hormuz, according to satellite photos released Friday, ...
The world consumes roughly 100 million barrels of oil every day. For the past several months, a significant portion of that ...
The U.S. and Iran exchanged fire in the Strait of Hormuz, raising fresh fears that the fragile ceasefire between the two countries was unraveling.
The war in Iran has pushed global oil prices higher, which boosts oil company revenues. But major U.S. oil companies aren't ...
On Friday morning, the tanker, Odessa, reached waters off South Korea’s western port city of Seosan, weeks after passing through the Strait of Hormuz during a period of ceasefire talks between Iran ...
Oil prices fell Tuesday after posting sharp gains at the start of the week as fresh attacks in the Gulf raised doubts about ...
By Stephanie Kelly and Seher Dareen LONDON, May 6 (Reuters) - Oil supplies are set to tighten further in coming weeks even if ...
The Justice Department and the CFTC are probing a series of highly profitable oil market trades made just ahead of major ...
Oil prices are likely to remain elevated for some time, which could pour cold water on Bitcoin's tentative rebound.
Investors waited for news on the situation in the Middle East, as the U.S. and Iran gave mixed signals on peace negotiations.