Saudi Arabia has raised the price of its primary crude grade for Asia to record levels as Iran’s near-total closure of the Strait of Hormuz restricts...
Investors executed roughly half a billion dollars in oil trades just minutes before Donald Trump announced “productive” talks with Iran, prompting questions about timing and market...
G7 finance ministers are set to convene for discussions regarding a coordinated release of petroleum from emergency stockpiles, an initiative managed by the International Energy Agency...
OPEC+ countries decided to keep the production restrictions agreement in force until the end of this year, ignoring Donald Trump’s calls to lower oil prices. Meanwhile,...
