Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days ...

Even looking forward to 2026, crude output is likely to remain below the production peak the world hit in 2018 ...

That scenario now appears alarmingly close. On the evening of June 12th, Israel launched dozens of air strikes on Iranian ...

At a two-day meeting ending Tuesday, the Japanese central bank is widely expected to maintain its policy rate at 0.5%, the level it has been at since the last hike in January, before trade frictions ...

Israel’s unprecedented attack on Iran raises the specter of sharply higher gasoline prices, just as the summer driving season ...

Fatih Birol, executive director of the International Energy Agency (IEA), says the agency is prepared to act if necessary to ...

Also, U.S. inflation data eased, defying fears that tariffs would start to drive up prices. Consumer prices were up 2.4% in May from a year earlier, in line with expectations. Month over month, the ...

Though OPEC may say its job is to keep prices stable, in fact the market swings up and down. When prices are up, Saudi Arabia ...

The global oil market is back in chaos after Israel launched military strikes against Iran on Friday. The move pushed crude ...

"Today's statement in social media by the IEA executive director regarding current market conditions and potential use of oil emergency stocks raises false alarms and projects a sense of market fear ...

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Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days ...