Oil prices surged toward $90, marking the biggest weekly gain in years, as escalating tensions involving Iran and the United ...

Brent tops $90 as the Strait of Hormuz closure halts Gulf oil flows and Iraq and Kuwait begin cutting output, fueling fears ...

The national average price of gasoline in the United States has surged to $3.262 per gallon, the highest level recorded ...

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 551 ...

Crude oil prices are set for a 16% weekly increase due to severe disruption in tanker traffic through the Strait of Hormuz, even as the U.S. intervenes with a signal to calm the futures market and a ...

IMF Managing Director Kristalina Georgieva warns that the surge in oil and LNG prices resulting from the Middle East war is ...

The U.S. shale patch cannot and will not come to the rescue of a potentially catastrophic loss of crude supply from the ...

Oil prices could soar to $150 a barrel within weeks as the Strait of Hormuz remains de facto closed to tankers, prompting Kuwait to shut in production and major Gulf exporters to prepare force majeure ...

Reliance Industries, India’s largest private refiner, is seeking to purchase Russian crude under a temporary one-month U.S. waiver issued to India following severe supply disruptions from the Middle ...

Despite record US crude oil production, California remains uniquely exposed to global supply disruptions due to its lack of domestic pipeline access, falling in-state production, and specialized ...

Europe's benchmark natural gas prices are set for a 50% weekly surge, the largest since 2023, due to a Middle East conflict closing the Strait of Hormuz and leading to a supply halt from Qatar, which ...

As the Pentagon moves to ban the use of Chinese rare earths, domestic suppliers such as REalloys are racing to crack the hardest part of setting up a brand-new supply chain ...