President Donald Trump said he expected the U.S. military forces to leave Iran in "two or three weeks" and appeared to be declaring victory on the state of the war. In this article Crude prices fell ...

Oil markets are undergoing a structural shift that will push crude (CO1:COM) prices to a bare minimum of $70 to $80 per barrel once conditions stabilize, according to Amrita Sen, founder and director ...

New details have been released regarding the Loop oil spill in the Gulf of Mexico. Seafood samples of shrimp, crab, and oysters showed no traces of oil contamination. The spilled substance is a heavy, ...

Russia's Anatoly Kolodkin tanker arrives in Cuba Trump signals he is reversing course on blocking oil shipments Kremlin says: Russia stands by Cuba Cuba is tackling fuel shortages MOSCOW, March 30 ...

Oil prices go up faster than they come down, especially since the war has damaged oil infrastructure in the Middle East. The price of a barrel of crude oil tipped past the $100 mark this weekend, with ...

ABOARD AIR FORCE ONE, March 29 (Reuters) - U.S. President Donald Trump signaled he was reversing course on blocking oil shipments to Cuba on Sunday, saying he had "no problem" with any country sending ...

Brent crude oil price has soared in the past three weeks. Goldman Sachs has boosted its crude oil forecast. The bank expects that the Strait of Hormuz closure to have major impacts. Brent crude oil ...

The geopolitical conflict in the Middle East is driving oil higher. Oil could stay at current levels, rise further, or fall. The energy sector has been upended by the geopolitical conflict unfolding ...

With the U.S.-Iran tensions reaching a new high, things could get messier for oil. That’s essentially the warning coming from Bank of America’s top commodities strategist, Francisco Blanch, who says ...

Soaring energy prices due to the Iran war could provide a massive windfall for U.S. oil companies. Rystad Energy, a market research firm, estimates that shale oil producers in the U.S. could earn an ...

The conflict in Iran resulted in unprecedented volatility in the oil market. Crude oil future contracts soared well above $100 per barrel in the immediate aftermath before easing back. These three oil ...

It was a day of major volatility in global energy markets and a moment of real concern for consumers. Oil prices surged overnight, coming close to $120 a barrel, but by the end of the trading day ...