Oil prices rose despite OPEC+ increasing output, exposing tighter-than-expected global crude and diesel markets.

Brent prices could spike to more than $110 per barrel should Iran move to close the critical Strait of Hormuz, predicted Goldman, modeling out a scenario in which oil flows through the shipping route ...

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Oil prices slipped in early Asian trading on Wednesday, retreating from a two-week high after U.S. inventory data revealed an ...

MOTORISTS may need to brace for higher fuel prices next week as global oil markets react to stronger demand and renewed ...

Saudi Arabia is the largest oil exporter that relies on the Strait and accounts for nearly 40% of the oil exports that pass ...

Following Trump's strikes against Iran and announcement of a ceasefire between Iran and Israel, gas prices have dropped to a ...

Gas prices have jumped up once again in Airdrie, when summer travel is at an all-time high. Over the past couple of days, ...

Global oil demand growth in 2025 is on track to be just 870,000 barrels per day. This would make it the weakest year for oil ...