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 ...

The US Office of Foreign Assets Control (OFAC) released the update for Lukoil's assets on Thursday evening, just two days ...

The United Nations Security Council gathered in New York on Saturday for an emergency meeting to discuss the ongoing Middle East crisis and its implications for international peace and security.

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 ...