The West's energy watchdog said on Friday it was ready to release oil stocks should the market experience shortages following ...

Analysts said OPEC might not see any urgency to shift policy, as the surge in prices was driven by a rising risk premium ...

Though OPEC may say its job is to keep prices stable, in fact the market swings up and down. When prices are up, Saudi Arabia ...

A sustained rise in the price of crude oil, which jumped sharply after Israel attacked Iran, could hurt consumers and ...

Iran has in the past threatened to disrupt shipping through the Strait of Hormuz if it is attacked. The Strait is the exit ...

The price of oil surged Friday in one of the market’s largest single-day increases in years, reflecting fears that a wider ...

No matter how the fighting unfolds, it promises to increase prices at the gasoline pump just as voters' natural gas and ...

Israel’s unprecedented attack on Iran raises the specter of sharply higher gasoline prices, just as the summer driving season ...

The global oil market is back in chaos after Israel launched military strikes against Iran on Friday. The move pushed crude ...

Fatih Birol, executive director of the International Energy Agency (IEA), says the agency is prepared to act if necessary to ...