Iran is a major player in the global oil market, producing more than three million barrels of oil a day, so the growing risk ...

Enroll Now!The Federal Government has announced that it has started selling crude oil and other refined products in naira.The ...

Whatever happens, oil prices look set to be nearer $50 a barrel than $100 for the foreseeable future. Only an all-out war in the Middle East can change that outlook.

State producer Saudi Aramco increased the official selling price of its main Arab Light crude grade by 90 cents to a premium of $2.20 a barrel against the regional benchmark for buyers in Asia, accord ...

A blockade of the Strait of Hormuz would be particularly alarming for India since it’s the route it uses to get oil from Iraq ...

The S&P 500 climbed 0.9% and got close to its all-time high set on Monday. The Dow Jones Industrial Average rose 341 points, ...

Oil prices climbed this week as tensions in the Middle East escalated. A jump in oil prices automatically spurs fear of a ...

An about 20% rise in the global price of a barrel of oil is predicted if Israel launches missile attacks against Iranian oil fields.

Don't assume "an eye for an eye" response as Israel contemplates its next move against Iran and its proxies, with a top ...

Bets for $100 a barrel crude are going up for both WTI and global benchmark Brent crude "because of the most significant risk to Middle Eastern oil supplies in decades," said Flynn.

The S&P 500 climbed 0.9% and got close to its all-time high set Monday. The Dow Jones Industrial Average rose 341 points, or ...

Options traders have been making bullish bets that oil could soon climb to $100 a barrel as tensions between Israel and Iran raised worries of a wider conflict in ...