After fuel prices jumped by more than P5 per liter this week, the Department of Energy said motorists could expect a rollback of over P2 per liter next week.

Analysts at Goldman Sachs have suggested a worst-case scenario could lead to the supply of oil through the Strait of Hormuz halving for a month and dropping 10% for another 11 months. This would lead ...

The U.S. attack on Iranian nuclear facilities Saturday night has raised the risk that oil prices surge into the triple digits, but experts say that’s still a remote possibility.

Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors ...

Oil prices are expected to fall further if the ceasefire between Iran and Israel holds, according to experts. Things took a dramatic turn on Tuesday after US President Donald Trump announced a ...

Oil fell almost 4% to $65.84 a barrel early Tuesday, and is now below where it was before fighting between Iran and Israel began over a week ago, when a barrel of U.S. crude was just above $68.

Oil rebounded from steep back-to-back losses on Wednesday following an Israel-Iran ceasefire, with prices sitting below their pre-war levels.

A potential ceasefire between Iran and Israel would significantly reduce global oil market tensions by securing crude supplies from Iran and ensuring safe passage through the critical Strait of ...

Crude prices bounced as news of fresh attacks rolled in, including another wave of Iranian missiles launched at Israel and more Israeli strikes on Iran. Front-month WTI crude oil futures were 1.5% ...

Oil prices surge 9% on heels of Israeli strikes, set for largest single-day gains in about five years Crude oil futures jumped as much as 13% Thursday evening after Israel launched airstrikes ...

Benchmark U.S. crude futures rose by more than 10% to trade above $75 a barrel, the highest price since January and before President Trump's April tariff announcements had energy traders penciling ...