Oil prices jumped over 8% Thursday night following Israel’s military strikes on Iran, marking a significant escalation in the Middle East conflict. West Texas Intermediate ( CL=F) rose to nearly $74 ...

Shock waves from the oil market also hit stock bourses across Asia. Read more at straitstimes.com. Read more at ...

Oil prices climbed and Kpler said the risk of disruption to oil flows in the Middle East remained low despite escalating tensions between Israel and Iran.

Israel has launched extensive strikes against Iran, targeting nuclear facilities and military assets to prevent Tehran from ...

Oil prices surged around 7% early on Friday morning after Israel launched airstrikes on Iran, marking a significant ...

Oil prices rallied over 7% today after Israeli airstrikes on Iran. This elevated geopolitical uncertainty and requires the ...

Iran, the third largest producer in the Organization of the Petroleum Exporting Countries, extracts about 3.3 million barrels of oil per day (bpd), or around 3% of global output. Following are some ...

The escalating tensions between Israel and Iran are injecting significant uncertainty into the oil market, independent of ...

The latest escalation in tensions in Iran has paved the way for the return of risk premiums on oil prices once again.

The Independent Petroleum Producers Group (IPPG) has pledged support for the Project One Million Barrels Incremental ...

Losses to oil production targets, yesterday, hits $5.7 billion (about N8.7 trillion) in the first five months of 2025, as the ...