Oil prices are increasingly likely to stay higher for longer.

The fallout from war between the United States, Israel and Iran has dominated global oil markets. And not just because the Strait of Hormuz, which normally carries about 20% of global oil and gas, ...

The UAE's decision to leave OPEC was three ‌years in the making and is based on its view the world is near the “autumn of the ...

US President Donald Trump is a longtime climate denier and oil industry ally, who sums up his own energy policy as “drill, baby, drill”. Yet he is doing more than almost anyone to speed up the global ...

Around 26% of global seaborne crude and major LNG volumes transit the Strait of Hormuz, making even temporary disruption a global economic threat. Despite diversification of suppliers, the world still ...

July 2026, Petronas assured the government, as the Strait of Hormuz crisis continues to batter Asian energy markets.

Crude oil futures closed lower Tuesday on rising hopes for an end to the war in the Middle East after The Wall Street Journal reported that President Trump would be willing to wind up military ...

CORPUS CHRISTI, Texas, Feb 26 (Reuters) - ⁠Sales ⁠under a flagship oil supply ⁠agreement between Venezuela and the U.S. are expected to reach $2 billion by the end of this month, U.S. Secretary of ...