Oil markets are nearing minimum operating levels in Asia, with Europe likely next and the U.S. potentially facing shortages ...

Oil markets are closing March on a historic surge, with prices posting their biggest monthly gain ever after an unprecedented global supply shock. Gasoline Goes Galactic: Prices Jump, Diesel Spikes, ...

Higher prices are good news for the oil industry — to a point. But they can bite, too. Crude oil prices were around $70 a barrel before the war in Iran. After the U.S. and Israel attacked, they ...

Oil storage tanks at the 76 Terminal in Richmond, California, U.S., on March 2, 2026. Reporter When U.S. President Donald Trump agreed to a tenuous and temporary cease-fire with Iran on Tuesday, Brent ...

Oil prices topped $100 a barrel again on Sunday after President Donald Trump said the US would blockade “any and all Ships trying to enter, or leave, the Strait of Hormuz,” threatening to further ...

High global oil prices will not help boost Russian ​economic growth this year as Ukrainian drone attacks and new Western sanctions ‌weigh on crude output and exports, a think tank close to the ...