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Global crude prices jumped on Sunday but have since retreated. Here's what experts say about the outlook for oil and gas.
Brent crude rose about 1 per cent to near US$68 a barrel, after slumping 13 per cent over the past two days, while West Texas Intermediate was above US$65.
West Texas Intermediate (WTI) Oil price extends its losses for the second successive day, trading around $66.30 during the ...
Stocks rose Monday, with oil prices declining, following a restrained response by Iran to U.S. attacks over the weekend.
The market’s biggest concern is that Iran could disrupt flows through the Strait of Hormuz—a vital artery for about a quarter ...
Aegis Hedging, which handles hedging for roughly 25-30% of U.S. output, according to internal estimates, saw a record volume ...
"Russia could emerge as a beneficiary if Iran were to close the Strait of Hormuz," said Nikos Tzabouras, analyst at Tradu.
North Dakota oil production fell slightly in April, but gas production continued to grow, according to the state's top oil ...
U.S. crude futures fell on Tuesday to their lowest level in more than a week as U.S. President Donald Trump said a ceasefire ...
Major equity indices, which had been hovering near all-time highs, pulled back as geopolitical risks surged back to the ...
Oil futures have risen roughly 10% since the start of the Israel-Iran conflict. Analysts predict prices could go higher if ...
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