For decades, the world has looked to the Middle East as the heart of global oil production,a region synonymous with vast ...

Premiums for prompt benchmark oil prices globally are falling compared with those in future months on rising output from the ...

Sinochem has delivered its first Middle East crude cargo during the Platts Dubai Market on Close process, trade sources said on Tuesday, part of an effort by the Chinese firm to step up oil trading in ...

Sinochem has delivered its first Middle East crude cargo, signaling a strategic expansion of its oil trading business in Asia ...

"If this is a really, really a full-fledged war, I think oil price will be hiked to more than $100," Ueda said. Oil prices dipped on Monday after rising earlier in the session and surging 7% on ...

Consumer US gas prices climb amid Middle East conflict. Here's what to expect. 20% of the world's oil supply comes from the Middle East.

The oil and tanker markets fear that the conflict could disrupt supply from the Middle East, pushing spot prices higher. Customers in Asia have expressed increased interest in term supply, a ...

A closely-monitored oil market metric that tracks the strength of Middle Eastern crude versus global benchmark Brent ...

In the past, conflicts in the Middle East have sent energy price soaring for extended periods but in recent years, because of the huge supply of oil, those spikes have been more fleeting. Earlier this ...

The impact of EU sanctions and US President Donald Trump’s continuous targeting of India-Russian energy tries has started to pinch refiners as prices of crude oil grades in the Middle East are moving ...

In decades past, turmoil in the Middle East would send crude oil prices soaring, pushing up the cost of gasoline for drivers and incentivizing Louisiana producers to boost their output.

We are in the middle of the summer driving season, and that typically means higher gas prices. Tack on the Israel-Iran conflict unfolding in a region where much of the world's oil comes from, and gas ...