Brent crude oil prices are expected to rise to USD 80 per barrel in the coming months as tensions between the United States and Russia threaten to disrupt the global oil supply chain, highlighted oil ...

"Oil prices surge as Trump's stance on Russia-Ukraine and tariff deal shake up the market, prompting caution among investors amidst geopolitical tensions and potential market volatility." ...

Big oil companies are forecast to post their lowest quarterly profits in four years after geopolitics whipsawed prices and ...

The president’s shortening of Russia’s timeline to end the war as well as the US-EU trade deal sent West Texas Intermediate ...

U.S. oil producers flocked to hedge higher prices for their output for the rest of the year and early into 2026 as international crude oil prices surged earlier this month. Early on June 13 local ...

Oil Prices West Texas Intermediate for August delivery plunged 6% to settle at $64.37 a barrel in New York. Brent for August settlement dropped 6.1% to settle at $67.14 a barrel.

Big Number 30%. That’s how much oil prices could rise, to up to $110 per barrel, if Iran moves to close the Strait and oil flow declines 50% for at least one month, Goldman Sachs cautioned Monday.

Angola won’t seek a loan from the International Monetary Fund for now, as Africa’s third-biggest crude producer benefits from rising oil prices. The country, which depends on oil for more than ...

The EIA left projected output growth for 2025 unchanged at 210,000 barrels per day. Conversely, the oil cartel, OPEC+, agreed to increase oil output by 411,000 barrels a day (bpd) in July.

Big oil companies are forecast to post their lowest quarterly profits in four years after geopolitics whipsawed prices and ...