Oil markets are nervous. Last week crude prices rose by 10%, to $78 a barrel, their biggest weekly gain in almost two years (see chart). As we published this, they were bobbing around $77.

Guyana and Suriname have been the focus of oil and gas exploration in recent years, with billions of barrels of oil found in their offshore sediment basin. ExxonMobil has discovered more than 11 ...

Oil prices settled higher on Friday night and gained 4% on the week, with investors taking stock of the ongoing conflict in ...

Geopolitical turmoil, particularly in the Middle East, used to send oil prices soaring, as frantic traders—anticipating ...

Shelton believes that there is always a risk that oil prices could hit $100 per barrel. He tells Yahoo Finance, "We've seen a fair amount of buying of $100 strikes across the last couple of days.

Javier Blas is a Bloomberg Opinion columnist covering energy and commodities. He is coauthor of “The World for Sale: Money, Power and the Traders Who Barter the Earth’s Resources.” ...

U.S. crude, known as West Texas Intermediate, or WTI, is up 4.3% to $73.18 a barrel in recent trading. Trading in call options tied to the $1.4 billion U.S. Oil Fund surged to the highest level in ...

Oil has been locked in a downward trend over the past month, down 14% from a multi-month high close of $83.88 a barrel. “The market is likely to remain jumpy for now on the what-if, particularly ...

TGI Fridays restaurants to shut with loss of 1,000 jobs The price of oil has surged by more than 3pc today after mounting tensions in the Middle East pushed a barrel above $80 for the first time ...

SINGAPORE: Oil prices fell on Wednesday after industry data showed U.S. crude inventories swelled more than expected, though ...

TOKYO -- Despite slowing demand, fears are mounting that oil prices will top $100 per barrel as tensions in the Middle East multiply, threatening Asia, home to some of the world's largest net oil ...

Oil prices saw their biggest decline in over a year due to easing Israel-Iran tensions and concerns over Chinese demand.