News

Iraq emerged as the largest OPEC crude oil supplier to the United States in May, driven by strong export volumes and ...
Oil traders view the escalating conflict between Israel and Iran as the most significant geopolitical event since Russia’s ...
Past conflicts involving oil-producing nations in West Asia have significantly impacted global crude-oil prices. However, the ...
Goldman Sachs revised its 2025 oil price forecasts downward, cutting Brent crude to $69 and West Texas Intermediate to $66 per barrel. JPMorgan raised its global recession probability to 60%, up from ...
A sustained surge in oil prices is likely to complicate the U.S. fight against inflation. A $10-a-barrel increase would boost year-over-year growth in the Consumer Price Index by 0.5 percentage ...