For the first time in nearly a quarter of a year, fuel prices in the country spiked following EPRA's latest review for June. In the review released on Saturday, June 14, EPRA revealed that petrol had ...

Oil prices fell on Wednesday, after a gain of 4% in the previous session, as markets weighed up the chance of supply ...

The Federal Reserve is expected to keep interest rates on hold while inflation continues to cool. Jerome Powell to speak at 2:30 p.m. Traders eye the ongoing conflict in the Middle East. Follow along ...

This chart shows the volume of crude oil and petroleum liquids transported through world chokepoints in 2023 (in million ...

The cost of insuring vessels navigating the Strait of Hormuz has soared, as underwriters scramble to reprice risk in response ...

The CEO of Italian energy company Eni said on Wednesday oil markets are signalling that an escalation between Israel and Iran ...

Stocks futures were pointing higher on Wednesday ahead of the Federal Reserve interest-rate decision, retracing some of Tuesday's losses after the Israel-Iran conflict escalated. Trump indicated he ...

Shipping analysts attribute the rising chartering costs in part to an increase in war risk premiums. According to Xclusiv ...

Crude futures were lower and ING said the market’s biggest fear is the Strait of Hormuz shutting down, with significant disruption to oil flows sufficient to push prices to $120 a barrel.

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U.S. President Donald Trump on Tuesday called for Iran's "unconditional surrender" as the Iran-Israel air war entered a sixth ...

Crude oil prices remain elevated even after pulling back from the 5-month high hit on Friday. Explore the top targets to ...