The European Union's latest effort to restrict Russia's oil revenue is unlikely to hurt Moscow's war effort severely, leaving ...

Oil markets have remained remarkably resilient so far this year, despite concerns over U.S. President Donald Trump's trade ...

Geopolitics could move Brent crude higher by around $10 per barrel, Goldman Sachs has estimated, from a starting point in the mid-$70s.However, the bank admitted oil could top $90 in case of ...

Oil prices were likely to be less affected by geopolitical tensions going forward, HSBC said, adding that it expected any future flare-ups in the Middle East region to have diminishing impacts on oil ...

U.S. oil producers rapidly increased hedging activities to lock in higher prices following a surge triggered by Israel's strike on Iranian facilities. Hedge trades hit record highs on platforms ...

With OPEC+ holding roughly 6 million barrels per day in spare capacity, and U.S. production likely to ramp up at prices above $70 per barrel, the upside to oil prices can be limited.

A sustained surge in oil prices is likely to complicate the U.S. fight against inflation. A $10-a-barrel increase would boost year-over-year growth in the Consumer Price Index by 0.5 percentage points ...

Oil prices surged late Sunday in Wall Street’s first reaction to America’s strikes on three Iranian nuclear facilities on Saturday evening, a major escalation of the Iran-Israel conflict. US ...

Big Number. 30%. That’s how much oil prices could rise, to up to $110 per barrel, if Iran moves to close the Strait and oil flow declines 50% for at least one month, Goldman Sachs cautioned Monday.

For days, the oil market has been in a volatile state as traders watched to see whether the U.S. would join Israel in attacking Iran. Now that the question is answered, prices are likely to surge ...

Angola won’t seek a loan from the International Monetary Fund for now, as Africa’s third-biggest crude producer benefits from rising oil prices. The country, which depends on oil for more than ...