Trump has threatened 100% ‘secondary tariffs’ on likes of India and China, which experts warn could cause a global spike in ...

Local oil industry sources said that gasoline, diesel prices are, again, expected to increase next week, due to the global ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose sharply this week, ...

At the interbank foreign exchange, the local unit opened at 85.96 and traded in a narrow range of 85.92-86.05 before settling ...

U.S. President Donald Trump is trying again to end the war in Ukraine – not by targeting Russia, but by hitting the countries ...

Thus, the world saw a price spike which, despite being widely predicted by many smart people, didn’t happen, and the reasons why are pretty simple. David Blackmon is an energy writer and consultant ...

Investing.com -- Oil prices have surged since the Israel-Iran conflict erupted, stoking fears that another inflation spike could be in the cards. But Morgan Stanley is pouring cold water on the ...

The current spike in oil prices as a result of the Iran-Israeli conflict is to be viewed as a temporary phenomenon, as there is no change in oil market fundamentals, analysts say. “Oil and gas ...

Japan imports almost all its oil, meaning the spike in crude since the start of the conflict threatens to worsen the country's trade balance, diminishing the yen's appeal. Sign up here. When Russia ...

Tanker rates from Russian Baltic Sea oil ports have fallen over the last month, but new sanctions could change that, traders ...

By Monday morning, the price of a benchmark barrel of U.S. oil was up 0.4% at $74.16 after briefly dipping to a loss. Brent crude, the international standard, edged up by 0.2% to $77.17 per barrel.

A U.S. attack on Iranian nuclear sites could push oil prices even higher and trigger a knee-jerk rush to safety, investors said, as they assessed how the latest escalation of tensions would ripple ...