Higher oil and gas prices are certain as the closure of the Strait of Hormuz threatens to disrupt 15% of global oil supply ...
The oil price hit above $82 in early morning trade in Asia before easing slightly following the effective closure of the ...
Mid-tier Australian oil and gas company Horizon Oil has launched a takeover offer for compatriot Cue Energy. Horizon said on Monday its cash and share offer for 100% of Cue would, if successful, ...
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Crude markets are expected to open with a price jump as trading restarts on Monday morning, after the US-led weekend attack ...
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Several vessels heading through critical chokepoint have u-turned or stopped after attacks on Iran earlier on Saturday ...
US President Donald Trump has announced that the United States military has begun major attacks on oil and gas-rich Iran, arguing that the US cannot ever allow Iran to develop nuclear weapons. Israel ...
Leon also cautioned that if the oil market does not see signs of de-escalation over the weekend, “risk premiums on oil prices could still drive Brent up by $10–$20 per barrel on Monday”. “A broader ...