Kharg Island, targeted in US air strikes on Saturday, is a scrubby stretch of land in the Gulf that handles almost all of ...

Some investors are drawing comparisons with the 1970s to interpret where markets are headed in 2026, but there are several ...

A small island in the Gulf has become a flashpoint in the widening war involving Iran, the United States and Israel. Kharg ...

OPEC said on Wednesday that Saudi Arabia sharply increased oil production in February ahead of U.S. and Israeli strikes on ...

There is no short-term fix for the quagmire the U.S. is currently immersed in. With uncertainty about jobs and inflation, ...

CNBC's Brian Sullivan reports on news regarding OPEC's international seminar.

As the IEA plans a record oil reserve release during the Iran war, here is how global crude supply is shaped by producers ...

Nigeria's crude oil production fell to 1.31 million barrels per day (bpd) in February, according to the Organisation of ...

Russia’s crude output declined for a third consecutive month in February, underlining the impact of US sanctions and as Ukrainian drone strikes curb domestic oil-processing.

Extreme oil price gyrations introduce significant uncertainty and risk for investors navigating current market conditions.

Demand is projected to rise by 1.34 million barrels a day next year, slightly below 2026’s estimated 1.38 million, supported by a solid global economy.

Nigeria’s crude oil production fell to 1.31 million barrels per day (bpd) in February 2026. This is according to the ...