The Latest Breaking News from Oil

Indonesia Energy Corp Ltd (NYSE:INDO) shares are surging 35% to $6.85 Monday morning, fueled by escalating geopolitical turmoil in the Middle East and mounting concerns over global oil supply disruptions.

A SUSPENDED Labour MP has called on the UK Government to reject the controversial Rosebank oil field, citing concerns profits from the project could…

A new poll shows Americans’ support for green energy tax credits and renewable energies like wind and solar power has decreased in recent years, driven by a softening in support from Democrats and independents

The price of oil rising impacts on fuel, transport, production and inflation

Trekking to the world's highest base camp doesn’t mean that you’ll have to go for 11 days without charging your phone or seeing a proper toilet

Europe may have drawn the economic short straw after the U.S. intervened in Middle East tensions, while JPMorgan warns the volatility may be set to last.

The Strait of Hormuz carries 20% of global oil daily, but Iran's threats to close it amid 2025 tensions could push prices to £80 ($100) per barrel. Learn why this waterway is critical and what's at stake.

Occidental Petroleum Corp (NYSE:OXY), Exxon Mobil Corp (NYSE:XOM) and Chevron Corp (NYSE:CVX) climbed 1.95%, 1.53% and 1.31% during Monday pre-market trading session after oil prices have skyrocketed to their highest point since January, sparking concerns about potential supply disruptions.

Investors are unconcerned about major oil disruptions, reasoning that Iran is unlikely to close the Strait of Hormuz and harm its own economy.