Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.

Oil prices hit a five-month high as Iran and Israel traded missile attacks, leading to warnings that consumers could be hit ...

For one thing, early reports indicate the air strikes did not hit Iran’s petroleum facilities, which means the Islamic ...

Global Energy Show Canada attendees enthusiastically repeated positive oil forecast despite reports showing steep drop over ...

At a two-day meeting ending Tuesday, the Japanese central bank is widely expected to maintain its policy rate at 0.5%, the level it has been at since the last hike in January, before trade frictions ...

A sustained rise in the price of crude oil, which jumped sharply after Israel attacked Iran, could hurt consumers and ...

The price of oil surged Friday in one of the market’s largest single-day increases in years, reflecting fears that a wider ...

Though OPEC may say its job is to keep prices stable, in fact the market swings up and down. When prices are up, Saudi Arabia ...

The global oil market is back in chaos after Israel launched military strikes against Iran on Friday. The move pushed crude ...

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The latest military attack on Iran by Israel has tanked stock markets and pushed up oil prices, but most asset managers think ...