The unfolding Middle East crisis extended to Iran’s energy infrastructure as Israel launched an attack on a giant gas field in the Persian Gulf, threatening further turmoil for markets.

SHALE oil production in the United States is projected to decline starting next year. From its peak of 13.5 million barrels ...

Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.

Oil prices hit a five-month high as Iran and Israel traded missile attacks, leading to warnings that consumers could be hit ...

For one thing, early reports indicate the air strikes did not hit Iran’s petroleum facilities, which means the Islamic ...

Global Energy Show Canada attendees enthusiastically repeated positive oil forecast despite reports showing steep drop over ...

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

Also, U.S. inflation data eased, defying fears that tariffs would start to drive up prices. Consumer prices were up 2.4% in May from a year earlier, in line with expectations. Month over month, the ...

Oil prices surged, stocks dropped and investors flocked to safe havens like gold on Friday after tensions between Israel and ...

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 ...

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

"Today's statement in social media by the IEA executive director regarding current market conditions and potential use of oil emergency stocks raises false alarms and projects a sense of market fear ...