U.S. energy firms this week cut the number of oil and natural gas rigs operating for a seventh week in a row to the lowest since November 2021, energy services firm Baker Hughes said in its closely ...

CALGARY - An analyst says a spike in crude prices driven by the latest Mideast turmoil could be a knee-jerk reaction that ...

The West's energy watchdog said on Friday it was ready to release oil stocks should the market experience shortages following ...

Greece and Britain have advised their merchant shipping fleets to avoid sailing through the Gulf of Aden and to log all ...

OPEC Secretary-General Haitham Al Ghais on Friday said that the escalation between Israel and Iran does not justify any immediate changes to oil supply, as current conditions remain stable. (Reporting ...

Israel will pay a heavy price for its attack on Iran which killed Revolutionary Guards top commander Hossein Salami, the ...

Israel has fully coordinated with Washington on Iran and notified the United States before its strike on Iranian targets, ...

Of course, the most sensitive point Tehran could target is the Strait of Hormuz, a narrow shipping lane between Iran and Oman ...

Goldman Sachs said it has incorporated a higher geopolitical risk premium into its adjusted summer 2025 oil price outlook but continues to assume no disruptions to Middle East oil supply after Israel ...

Israel launched widescale strikes against Iran on Friday, saying it targeted nuclear facilities, ballistic missile factories ...

The Paris-based International Energy Agency is actively monitoring the impact of clashes between Israel and Iran situation on ...

Israel carried out strikes on Iran on Friday, targeting its nuclear facilities, ballistic missile factories and military ...