It sounds utterly reckless, almost suicidal for global stability: blocking the Strait of Hormuz would deal a devastating blow ...

The U.S. Energy Information Administration (EIA) has slashed its Brent crude oil price forecast. In its August Short-Term Energy Outlook, it expects global oil prices to fall from $71 per barrel in ...

We are now in the midst of World War 3—and Iran has become the decisive battleground. The US and Israel may be willing to ...

Iraq and Syria on Tuesday discussed ways to boost bilateral energy co-operation, including the revival of the long-defunct ...

On the H1 chart, MACD is flat with a mild bearish crossover, Stochastic hovers near oversold, and DMI reflects trend ...

Global oil markets are poised for a larger surplus than previously expected this year, with supply set to grow more than ...

MANILA, Philippines - Filipino consumers may get shocked by even costlier electricity bills over the next four years, as ...

Turkish Energy Minister Alparslan Bayraktar also optimistic about new Kirkuk-Ceyhan oil pipeline deal with Iraq ...

The deal, believed to be paid for by a third nation, will give the Sudanese Armed Forces access to light attack aircraft, ...

Global crude oil tracked by Brent futures has fallen sharply, losing over 7% in August and extending its year-to-date decline ...