The April 7 high of $113 in Western Texas Intermediate crude futures will likely be broken, traders on the prediction markets platform think.

Global oil prices surpassed $114 per barrel on Monday after Iran ramped up attacks on energy facilities and ships in the Middle East.

If oil is in such short supply, why can’t we simply drill more of it? The answer for the past couple months has been consistent: Oil producers are operating at maximum output, there’s nowhere to put the crude they’re extracting,

Oil prices declined on Tuesday, retreating from sharp gains in the previous session.

May 4 () - Global oil stocks are approaching their lowest level in eight years, ‌Goldman Sachs said on Monday, warning that ‌the speed of depletion was becoming a concern as supplies ​through the Strait of Hormuz remained restricted.

Ukraine has launched a wave of strikes against Russia's oil export infrastructure, including tankers in its "shadow fleet."

Oil prices fell and futures on the S&P 500 rose slightly on Sunday as investors reacted to continued uncertainty about the war in Iran.

Oil prices push toward $120 a barrel after Iranian drones hit a UAE tanker and the Strait of Hormuz closes again.

Oil companies operating near the Ventura Hills Nature Preserve have asked a judge to at least temporarily limit public access and shutter the parking lot off Hall Canyon Road. Area Energy LLC and Chevron U.S.A. sued the Ventura Land Trust, which owns and ...

Big Oil majors posted strong earnings on higher prices but are not increasing production despite a major supply shortfall. Companies are prioritizing dividends, buybacks, and debt reduction instead of expanding output or capex.