Fereidun Fesharaki, Chairman Emeritus of EFGE NexantECA, says markets are at a stage where 'any news is good news' when it comes to peace prospects, but that traders need to brace for a potential jump ...

$120 per barrel nightmare looms Iran-US-Israel war shakes oil markets Add as a preferred source on Google An oil refinery in Houston. Oil-consuming countries are bracing for energy price shocks as the ...

Shares of oil marketing companies rallied sharply after Brent crude prices slipped below $98 per barrel and the government announced another increase in petrol and diesel prices.

However, considering their guidance this year, they appear to be bargains compared to other oil stocks. Occidental is a major ...

First-quarter profits of $3.2bn prompt outrage from campaigners, who say figures come at expense of consumers ...

US President Trump meets with oil firms over ways to minimise impact on fuel supplies amid US blockade of Iranian ports.

The move will allow the UK to import Russian crude oil refined in third countries, such as India and Turkiye.

Higher imports of capital goods and raw materials, along with soaring oil and gas prices, pushed Thailand’s trade deficit to its widest level on record dating back to 1991.

Iran’s first vice president, Mohammad Reza Aref, said global fuel prices could stabilise only if economic and military pressures on Iranian oil exports end. “One cannot restrict Iran’s oil exports ...

U.S. Treasury yields rose on Wednesday after the Federal Reserve kept interest rates unchanged during what could be Jerome Powell's final policy meeting as Federal Reserve chair. The yield on the ...