Oil prices had a volatile start to the week in Asia, rising before paring gains as markets watch to see how Iran will respond to U.S. attacks on three of its nuclear sites over the weekend. Oil rose ...

"Any obstruction to the waterway may lead oil prices to spike to three digits, even though some of the crude volumes from the Gulf could be diverted via pipelines located in the UAE and Saudi Arabia," ...

Former Minister of Energy and Mineral Resources Arcandra Tahar stated that the Israel-Iran war has a significant impact on ...

Oil jumped after the US struck Iran’s nuclear sites, stoking concerns that energy supplies from the Middle East could be ...

Following US airstrikes on Iranian nuclear facilities, Brent Crude prices initially surged by 5% before paring gains.

Iran has shown unprecedented resilience despite being pummeled by US-backed Israel, and now the US itself, in the ongoing ...

Since the beginning of 2024, Russia, Saudi Arabia, the UAE, Kuwait, Iraq, Kazakhstan, Oman, and Algeria have voluntarily reduced oil production by a total of 2.2 mln barrels per day ...

Steps taken by the OPEC+ group to boost oil supplies have proved astute, given developments in the Middle East conflict, ...

OPEC+ group of leading global oil producers could bring forward its output hikes by around a year from the initial plan, Igor ...

Russian President Vladimir Putin said on Friday that oil prices had not risen significantly due to the conflict between Iran ...

Saudi Energy Minister Prince Abdulaziz bin Salman said Thursday that OPEC+ will base any future oil production decisions on ...

ST PETERSBURG (Reuters) -U.S. and Chinese purchases for strategic oil reserves are expected to offset any potential global ...