Oil prices aren’t yet near the level economists had said would put the global economy in jeopardy of a recession.

By Bo Erickson, Idrees Ali, Phil Stewart and Timour Azhari WASHINGTON, July 24 (Reuters) - U.S. missiles struck targets ...

The US resumed strikes against Iran earlier this month after an interim agreement unraveled as negotiations toward a broader ...

Oil markets are tighter than ever, so why are prices rangebound? The market has rebalanced, JPMorgan says.

The turmoil is also driving up freight and insurance costs and making it more expensive to move oil and fuel around the world ...

Brent oil shot to its highest price since May after increased fighting in the Middle East threatened to slow the global flow ...

That’s a particular problem for the United States: The US Strategic Petroleum Reserve has been drawn down by 116 million ...

The last time global oil prices settled above $100 was on May 22, data from FactSet shows.

Futures contracts reflect an expectation that low inventories and midterm elections are likely to push the Trump ...

Before the war in Iran, roughly 15 million barrels of Persian Gulf oil were shipped each day through the Strait of Hormuz ...

The recent rebound reflects traders’ growing concern about the expanding war, which now extends from the Persian Gulf to the ...

3 days U.S.-Iran Conflict Threatens Long-Term Energy Shock Across Asia 4 days Oil Prices Climb as U.S.-Iran Conflict Shows No Signs of Slowing Saudi Aramco's oil and gas reserves, estimated at 259 ...