Reports of a possible agreement between the United States and Iran to halt hostilities and reopen the Strait of Hormuz have tempered supply concerns to a certain extent and pushed prices down'.

Chevron and its local partners resumed regular production at the gas and condensate field, weeks after declaring force ...

U.S., Iran and regional mediators are reportedly discussing terms for a possible 45-day ceasefire, but chances of an ...

U.S. President Donald Trump said he'll only consider a halt to attacks on Iran when the Strait of Hormuz is reopened.

U.S. Energy Information Administration announced that it is launching three voluntary pilot field studies to evaluate energy ...

“WTI crude oil futures surged more than 12 percent to above $112 per barrel on Thursday, the highest level since June 2022, ...

It is imperative that international law is respected and that Iran fully re-opens the Strait of Hormuz', a statement posted ...

Gail Anderson, Research Director, North Sea Upstream at Wood Mackenzie, said in the statement, “while a huge upscaling of ...

The Philippines took its first cargo of ESPO crude in nearly six years, while South Korea's first Russian naphtha shipment ...

Iran will allow the safe, unhindered and expeditious passage through the Strait of Hormuz of Philippine-flagged vessels, ...

Oil is right in the middle of a geopolitical knife fight, and the market is feeling every jab, Naeem Aslam, Chief Investment ...

Oil prices surged above $110 as escalating US-Iran tensions raised fears of prolonged disruptions through the Strait of Hormuz. Oil rallied above $110 a barrel after US President Donald Trump vowed an ...