Rerouting and diversification cannot help when a significant chunk of oil and gas have been taken off the market. 

Brent crude swiftly fell as much as 10% after President Donald Trump said the US would pause strikes for five days.

The oil crises of the 1970s prompted a range of policy changes that still exist today. For one, we invented the high occupancy vehicle (HOV)...

Europe’s gasoline exports have started to increasingly shift to Asia in recent weeks as the crude supply shock in the Middle East is tighten...

American and European oil and gas companies are expected to earn a lot more as prices surge but are worried about the future.

Whilst most people will have seen the virtue of stopping Iran from ever developing nuclear weapons, many may now regard U.S. President Donal...

Members of the International Energy Agency have agreed to release 400 million barrels of oil from strategic reserves.

The oil-driven inflation shock rippling through global markets is now forcing a sharp rethink of U.S. monetary policy, with traders rapidly...

NEW YORK (AP) — Relief is ripping through financial markets Monday after President Donald Trump said the United States has talked with Iran...

As of 9 a.m. Eastern Time today, oil sold for $101.44 per barrel (using Brent as the benchmark, which we’ll get into momentarily). That’s $1...

The biggest state-controlled refiners in China are considering whether to buy Iranian crude after the U.S. on Friday issued a one-month waiv...

Oil prices have eased back and financial markets pulled out of their tailspin after President Donald Trump said the US would pause strikes a...

Brent crude is down more than 8% in the minutes following a statement by U.S. President Donald Trump that “THE UNITED STATES OF AMERICA, AND...

Saudi Arabia is slashing its crude oil exports to Asia in April, for a second month in a row, as the de facto closed Strait of Hormuz is str...