Donald Trump on strait of Hormuz: America's oil exports are surging, filling global supply gaps. The US now produces more oil than it impor...

Bearish bets on oil have found some room to unwind this week amid mounting concerns over potential supply disruptions in the Middle East, a...

Oil prices rose marginally on Friday amid the Middle East conflict, with Brent crude reaching $77.71 and WTI at $73.79, both showing weekly...

Oil prices remained mostly steady, impacted by a smaller-than-expected draw in U.S. crude inventories and concerns over China demand amid s...

Global benchmark Brent crude is steady at just over $81 a barrel due to demand from the US and supply disruption in Nigeria and Libya. The ...

"Energy markets remain laden with specific supply risks that makes being short a nervy experience," Commonwealth Bank commodities analyst T...

Oil lost more ground on Monday as rapidly climbing cases of the Omicron COVID-19 variant hit economic activity, although losses were curbed...

Oil prices rose on Friday as an uprising in Kazakhstan stoked worry that crude supply from the OPEC+ producer could be disrupted at the sam...

West Texas Intermediate (WTI) crude futures climbed 49 cents, or 0.9 per cent, to $53.78 per barrel.

Beyond looming sanctions, other threats to supply are keeping markets on edge.

Crude has nearly doubled from the lows reached in mid-Jan. Brent prices have risen an average 18 cents a day since mid-Jan, similar to 19 c...

The International Energy Agency (IEA) believes that supply glut is shielding the market from price disruptions.

According to a Saudi Gazette report based on Gulf Oil Review, surging US production helped by high shale output has been the supply-side st...

Seasoned oil market observers have struggled to find an adequate explanation for the surge in Brent prices over the past fortnight.

State-run Indian Oil Corporation will use the first available opportunity to cut petrol rates if international crude rates dip.

Increased use of energy resources by fast growing economies like India, China and Brazil is driving the global oil and gas demand.

Oil prices rose to fresh two-year highs around $96 a barrel amid concerns that a violent power struggle in Libya could disrupt supplies, wi...