LONDON (Reuters) - Big energy merchants trading oil cargoes that form the basis of the Brent benchmark have used an obscure ...

Big energy merchants trading oil cargoes that form the basis of the Brent benchmark have used an obscure clause to reroute ...

Israel has dispatched ground forces into southern Lebanon after pounding the Iran-backed militia Hezbollah with airstrikes for days, eliminating much of the group's leadership. "W ...

Global oil prices have been highly volatile this year, breaching $90 per barrel in April due to geopolitical tensions in the ...

Oil prices were little changed on Monday, but posted a 17% loss for the third quarter as fears that a widening conflict in ...

Trading firm Gunvor's CEO is confident the conflict in the Middle East will not impact oil supply, he said on Tuesday, adding ...

Oil prices edged lower on Tuesday as a stronger supply outlook and tepid global demand growth outweighed fears over ...

“Petrol prices are such a polarising topic in Nigeria,” said Noelle Okwedy, at consultant Nextier, an energy advisory. “It’s ...

In its latest announcement, the Department of Petroleum and Mineral Resources cited various factors for the expected ...

"The risk of supply disruptions in the Middle East are being offset by the prospect of production hikes from OPEC. Despite ...

Goldman Sachs warns that the escalating conflict between Israel and Hezbollah could lead to a significant spike in oil prices if the Strait of Hormuz is closed.

Oil prices rose on Monday on fears of a widening conflict in the Middle East curtailing Iranian crude supply, but prices were ...