The Middle East’s Dubai oil benchmark is showing signs of worsening oversupply, adding to a slew of indicators pointing to a ...

The Middle Eastern oil market has weakened in recent weeks on concern that regional supplies will outstrip demand, adding to ...

Middle East oil power is losing geopolitical influence. Global energy diversification and reduced Western dependence—especially by the U.S. and EU—have made markets more resilient to Middle Eastern ...

NEW YORK, June 12 (Reuters) - Oil prices settled slightly lower on Thursday as traders booked profits from a 4% rally in the prior session, driven by concerns that worsening tensions in the Middle ...

Immediately after Israel attacked Iran earlier this month, crude oil prices spiked up — exactly like you'd expect with a war that threatens oil supplies. The price increase was substantial: 7% within ...

At ADIPEC in Abu Dhabi, leaders emphasized investment over transition, arguing that energy demand will keep rising for oil, gas, and renewables alike. OPEC and major CEOs warned of chronic ...

Crude oil futures scored their largest single-day gains in more than three years on Friday after Israel launched air strikes against Iran's nuclear sites and other military targets - but not oil ...

Exxon Mobil Corp (NYSE:XOM) shares are on watch Monday morning as escalating geopolitical tensions in the Middle East are raising fears of oil supply disruptions. What To Know: This follows the U.S.

Israeli airstrikes in Lebanon this week have killed about 550 people. Israel escalated its war against Hezbollah this week with a campaign of deadly airstrikes that stoked concern about the potential ...

While Middle East tensions are driving near-term market volatility, this focus is likely to be temporary as attention soon returns to major July and August policy decisions. The price of oil serves as ...

The global trade war triggered by U.S. President Donald Trump shows no sign of abating, with tit-for-tat tariffs hammering major economies, tanking stock markets and dimming growth prospects. The ...

Chief, rounded off a recent magisterial survey of the great museums of the Middle East with a call for a museum of oil. I ...