Oil prices soar as Iranian attacks set Gulf tankers ablaze
Oil prices have jumped nearly 10% after attacks on tankers in Iraqi waters, as strikes on oil and shipping routes intensify across the Middle East.
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Oil prices jump, Middle East violence hits markets
Oil prices surged more than 2% as military clashes between Israel and the Islamist group Hamas ignited fears of a wider conflict in the Middle East.
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Russian oil ships face more delays: source
At least 20 oil tankers queuing off Turkey to cross from Russia's Black Sea ports to the Mediterranean face more delays as operators race to adhe…
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Oil prices slide as supply fears recede
Oil prices fell and were on track for a second weekly decline, pressured by concern about weakening demand in China and further increases to U.S. int…
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U.S. to release oil reserves, more 'if needed': Biden
U.S. President Joe Biden announced a plan to sell off 15 million barrels of crude oil from the nation's emergency supply and begin refilling the …
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Biden taps massive oil reserve to ease pain at pump
President Joe Biden launched the largest release ever from the U.S. emergency oil reserve and challenged oil companies to drill more in an attempt to…
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Oil prices rise after U.S. ban on Russian imports
Oil prices rose, supported by concern of a potential supply shock as the United States banned Russian oil imports and amid signs that some buyers are…
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Oil prices blast past $110 as supply fears mount
Oil prices surged as supply disruption fears mounted following hefty sanctions on Russian banks amid the intensifying Ukraine conflict, while traders…
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Stocks slide on Ukraine woes, oil surges above $100
European stocks tumbled and oil shot back above $100 a barrel on Tuesday as markets struggled with massive uncertainty caused by Russia's invasio…
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Oil prices hit 7-year high on security jitters
Benchmark oil prices climbed to their highest level since 2014 on Tuesday as worries about supply disruption due to attacks in the Middle East added …
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Big Oil executives pressed on climate pledge in House hearing
A request made by Rep. Carolyn Maloney that oil executives pledge to not fund any campaigns blocking climate change initiatives directly or indirectl…
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Crude jumps on global energy crunch; U.S. oil at 7-year high
Oil prices rose 2% on Monday, extending multiweek gains as an energy crisis gripping major economies shows no sign of easing amid a pick up in econom…
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Oil prices drop to their lowest since May
Oil prices dropped to their lowest since May, pressured by concerns about weaker demand as COVID-19 cases rise, a stronger U.S. dollar and a surprise…
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Oil hits two-year high on strong demand
Oil prices rose for a fifth day, climbing toward $75 a barrel as U.S. refiners drew more crude inventories to ramp up activity and meet recovering de…
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U.S. oil giants return to profitability
Oil giants Exxon Mobil and Chevron returned to profitability in the first quarter, boosted by higher oil prices.
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Oil prices hit a one-year high
Oil prices rose hitting their highest in a year and closing in on $60 a barrel, supported by economic revival hopes and supply curbs by producer grou…
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OPEC sees even slower oil demand recovery
OPEC says oil demand will recover even more slowly in 2021 than it previously thought.
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Biden will 'destroy' oil industry: Trump
Former Vice President Joe Biden said his environmental plan would 'transition from the oil industry' in favor of renewable energy sources, pr…
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Oil prices head for 10% weekly jump
Oil prices were on track for a 10% weekly jump, their biggest weekly gains since early June on the back of supply cuts caused by a storm in the Gulf …
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Is this the end game for oil?
The coronavirus crisis may be triggering the long-anticipated tipping point in oil demand and it is focusing minds in OPEC.
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