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A portfolio manager pointed out a “unique” market development that could already be helping to tighten global crude ...
Libya's Arabian Gulf Oil Company (AGOCO) has completed repairs to a crude oil pipeline leak along the 18-inch Hamada-Zawiya ...
Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.
Global crude prices jumped on Sunday but have since retreated. Here's what experts say about the outlook for oil and gas.
India's energy sector anticipates a potential game-changer as exploration in the Andaman Sea hints at an oil field mirroring ...
Global benchmark Brent crude oil is up around 20% so far in June, and set for its biggest monthly jump since 2020 as ...
Iran last disrupted traffic in the Persian Gulf in April last year when it seized an Israel-linked container ship near the ...
Iran is thinking about shutting the Strait of Hormuz, according to the reports published in the Iranian news agency IRINN, citing senior hardline politician Esmail Kosari, as the confrontation with ...
As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to ...
The world's top oil importer and biggest buyer of Iranian crude brought in more than 1.8 million barrels per day from June ...
The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east of the world’s most critical oil chokepoint, the Strait of Hormuz.
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