Brent crude hovers near $109 as Ukraine hits St. Petersburg oil terminal and tankers come under attack
Oil prices stayed near recent highs on Sunday as traders weighed a Ukrainian bombing of Russian oil facilities and fresh…
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Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
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Energy Secretary Defends Trump’s Waiver of Russian Diesel Sanctions
US Energy Secretary Chris Wright defended President Donald Trump's decision to waive sanctions on Russian diesel exports, arguing the move…
Iran Warns of New Operational Plan as Vessels Report Attacks Near Arabian Peninsula
A senior Iranian security official said Tehran has prepared a new response plan for any renewed U.S.-Israeli attack. Maritime authorities…
Carney’s pipeline push is unlikely to restore Canada’s oil jobs boom, Reuters reports
Prime Minister Mark Carney is backing a new pipeline to boost Canadian oil production and exports. Industry forecasts and interviews…
Iran Says Its Offer to Reopen the Strait of Hormuz Remains on the Table
Iran says its offer to reopen the Strait of Hormuz within seven days is still on the table. Tehran wants…
