Oil News

There is an old military saying that “no plan survives first contact with the enemy,” and it appears that Iran may have ignored this rule in its response to the recent attacks by the ...

Oil prices showed mixed performance on Monday, with global benchmark Brent rising slightly while US crude declined, amid attacks targeting oil production facilities in the Gulf and calls by US ...

Oil prices fell on Friday after an Indian oil tanker passed through the Strait of Hormuz and as the United States moved to ease supply concerns. However, prices remain on track for weekly gains as ...

Oil prices surged sharply on Thursday as Iran escalated attacks on oil and transport infrastructure in the Middle East, raising fears of a prolonged conflict and potential disruptions to oil flows ...

Oil prices have always been difficult to predict, and the market has repeatedly proven unforgiving toward those who assume too much certainty. By the end of 2025, the prevailing outlook pointed to an ...

Oil prices rose on Wednesday as markets questioned whether a potential plan by the International Energy Agency to release record volumes from oil reserves would be sufficient to offset any supply ...

Oil prices fell sharply during trading on Tuesday after US President Donald Trump said he expects the war in the Middle East to end soon, signaling a potential easing of geopolitical tensions that ...

Oil prices fell more than 5% on Tuesday after reaching their highest levels in more than three years in the previous session, following comments from US President Donald Trump suggesting the war in ...

When oil reached $55 per barrel in late 2025, drilling and completion activity across the industry had already slowed sharply. A few months later, the war in Iran erupted, pushing West Texas ...

Oil prices jumped above $119 per barrel on Monday, reaching levels not seen since mid-2022 after some major producers reduced supply amid fears of prolonged shipping disruptions as the war between ...