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Goldman Sachs has revised down its estimate for oil prices next year, basing the revision on expectations of stronger supply …

Oil prices surged again in early Asian trade on Thursday after Iran declared the Strait of Hormuz closed following a …

In yet another sign that the paper oil market may be too complacent about the magnitude of the supply disruption …

Oil prices jumped in early Asian trading on Wednesday after the United States launched what it described as self-defense strikes …

Chinese buyers are being offered Iranian crude at discounts to Brent, compared to a premium in May, as demand from …

The Middle East's largest remaining oil export corridor came under renewed pressure on Monday after Yemen's Houthis announced a complete …

Oil prices started the week higher after Iran launched ballistic missiles at Israel on Sunday night, heightening fears that U.S.-Iran …

Fresh strikes on Kuwait and Oman undermine hopes of a U.S.-Iran de-escalation, keeping oil markets on edge and traders skeptical …

Media reports about a blast disrupting oil loadings at Oman’s main terminal pushed benchmark prices higher earlier today, in the …

Weak demand from Iran’s top crude buyer, China, has dragged Iranian flagship oil prices into discounts to ICE Brent for …

Oil prices were under pressure in early Asian trade on Thursday following the announcement of a ceasefire agreement between Israel …

Kuwait's oil production is expected to take 10-12 weeks to recover after the Strait of Hormuz reopens, with 70% of normal production levels reached in 6-8 weeks and the remaining 30% in another month.