Oil prices dropped dramatically Tuesday after a ceasefire was agreed between Israel and Iran, putting a pause to 12 days of tension in the Middle East.Brent Crude, which surged sharply after the ...

The Ministry of Investment, Trade and Industry (MITI) said the recent Iran-Israel armed conflict led to a surge in global oil prices, which in turn increased the cost of raw materials and logistics.

Shell’s chief said it took a “prudent” approach to trading wild oil price swings triggered by geopolitical upheaval including the war between Israel and Iran, in contrast to rivals that capitalised on ...

Iranian crude builds up offshore as over 30 million barrels float near Malaysia, the highest in more than five years.

The US Energy Information Administration (EIA) has projected a notable decrease in crude oil prices, anticipating that global ...

Oil prices surge 9% on heels of Israeli strikes, set for largest single-day gains in about five years Crude oil futures jumped as much as 13% Thursday evening after Israel launched airstrikes ...

Oil prices have tumbled back toward $60 per barrel. This is a dramatic reversal from the crisis-driven surge that gripped ...

The company, which absorbed the North Sea assets of Italian oil major Eni last year, is also developing two of the biggest projects in the region, Rosebank and Cambo. It increased its guidance for ...

U.S. upstream M&A jumped 331% to $206.6B, shrinking the top public E&Ps from 50 to 40. Exxon–Pioneer ($60B), Diamondback–Endeavor ($26B), and Conoco–Marathon ($22.5B) led the surge. In 2025, M&A ...