OIL prices yesterday hit their highest levels for nearly six months — amid supply fears triggered by the US attacks on Iran.

An oil supply shock may not only be imminent but also inevitable given the tightness of the global oil market, the continued resilience of oil demand and the ever-shrinking global spare oil ...

American refiners are relying on oil supplies from the country’s biggest shale basins more than ever as flows of denser ...

Oil is likely to rise by $3-$5 per barrel when trading resumes on Sunday evening after the U.S. attacked Iran at the weekend, ...

LONDON (Reuters) -World oil supply will rise more rapidly than previously expected this year as Saudi Arabia and other OPEC+ members unwind output cuts, the International Energy Agency (IEA) said ...

Crude oil prices have sagged in recent weeks amid a surge in supplies. Some analysts are pointing to an autumn drop in global demand as the culprit. Futures on WTI crude oil, the U.S. benchmark ...

Yet, a TikTok video shared April 30 and May 1 on Instagram falsely claims there’s an endless supply of oil available on the Earth. “There is an unlimited amount of oil,” the video says. It ...

Oil prices climbed nearly 9% after Israel launched widescale strikes against Iran targeting nuclear facilities and missile factories, with benchmark Brent crude futures trading near $74.74 per barrel.