The price of oil has hit a six-week high amid fears over the escalating conflict in the Middle East. The market value of the benchmark Brent crude increased to almost $80 (£61) a barrel on Monday ...

(Photo by Stephanie Keith/Getty Images) The only truly predictable thing about predicting oil prices is that they are stubbornly unpredictable. Anyone able to accurately and consistently predict ...

This triggered what’s known as a halo coronal mass ejection (CME), which sends a plume of plasma out of the Sun. The ejection is set to batter Earth with plasma and magnetic particles at around ...

What is the price of crude oil today ... can significantly alter global crude oil supplies by increasing or cutting production. WTI crude is a blend of oils extracted from U.S. oilfields in ...

(AP Photo/Peter Morgan, File) Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] NEW YORK (AP) — Crude prices jumped Thursday on worries ... now that the Federal Reserve is cutting ...

In the last few days, one major manufacturer has announced a fresh round of price cuts across its EV range, another extended a suspension on production of one of its battery-powered models due to ...

Riyadh is increasingly frustrated with other petrostates' failure to coordinate on cutting supply to raise oil prices to about $100 per barrel — up from the current $70. Oil traders say Saudi Arabia ...

Trading in call options tied to the $1.4 billion U.S. Oil Fund surged to the highest level in more than two years this week, according to Cboe Global Markets data. Such trades confer the right to ...

A rise in oil prices intensified Thursday after President Biden suggested that U.S. officials are considering whether to support an Israeli strike on Iranian oil facilities. New York-traded crude ...

Oil is no longer insulated from the volatile situation in the Middle East. After weeks of stagnation, with crude prices at their lowest point in almost three years, Iran’s involvement in the conflict ...

Saudi Arabia's oil minister says oil prices could fall as low as $50 per barrel if OPEC+ keeps overproducing, according to a Wall Street Journal report. Prince Abdulaziz bin Salman's forecast ...

Saudi Arabia is threatening to take back market share and ditch its unofficial $100 oil price target. The Kingdom is warning OPEC+ members who are not complying with their output quotas.