Oil prices edged down on Monday as investors weighed easing Middle East risks and a possible OPEC+ output increase in August.

In decades past, turmoil in the Middle East would send crude oil prices soaring, pushing up the cost of gasoline for drivers ...

Iran launched missiles at a U.S. military base in Qatar on Monday, threatening to stoke a wider conflict in the Middle East, ...

OPEC revealed in its monthly report, issued Monday, changes in its crude oil prices during April and May 2025, which fell for the fourth consecutive month. Data showed that the OPEC basket crude oil ...

Committee observes there is no immediate risk of supply disruption but stresses need for continued vigilance.

All the facilities of energy services firm Baker Hughes (BKR.O), opens new tab, are operating normally in the Middle East, chief executive Lorenzo Simonelli told Reuters on the sidelines of the Energy ...

If the Iran-Israel conflict escalates to the point where Iran blocks the Strait of Hormuz and the Houthis tighten their grip on the Red Sea, the world’s oil arteries could effectively be choked ...

The oil purchasing market keeps a special eye on the Strait of Hormuz as around a fifth of the world's total oil consumption passes through it.  ...

India imports 90% of its energy, with half from West Asia, making it particularly vulnerable to price fluctuations and supply disruptions.

July WTI crude oil is up +4.20 (+6.17%), and July RBOB gasoline is up +0.0825 (-3.85%).Crude oil prices initially soared by +11% after news that Israel launched a major military strike on Iran ...

The strongest action was in the oil market, where the price of a barrel of benchmark U.S. crude jumped 7.3% to $72.98. Brent crude, the international standard, rose 7% to $74.23 for a barrel.