Israel's airstrikes on Iran's nuclear facilities caused Brent crude prices to surge. Concerns about supply disruptions from ...

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

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

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 ...

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 ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The latest military attack on Iran by Israel has tanked stock markets and pushed up oil prices, but most asset managers think ...

Market Talk 1041 GMT - Base metal prices fall, with LME three-month copper down 1.4% at $9,553.0 a metric ton and LME three-month aluminum down 1.75% at $2,475.50 a ton. A stronger U.S. dollar and a ...