The real-time price of Brent crude oil is at $75.37 per barrel, and the price of WTI crude oil is at $71.41 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...

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

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

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 ...

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.

Nigeria, meanwhile, has been struggling to increase oil production to meet both its OPEC quota and local refinery demands. Since the beginning of the year, the country’s output has hovered between 1.2 ...

He added: "There is nothing going to happen today." Oil above $75 a barrel for first time in a month The Pentagon said it was in discussions with Israeli officials about their possible response to ...

Biden administration repurchases 6 million barrels of oil, refilling the strategic reserve. Biden originally released oil from the SPR in 2022 to mitigate price increases following Russia's ...

Goldman Sachs on Tuesday said it expects oil prices to average $76 a barrel in 2025 based on a moderate crude surplus and spare capacity among producers in OPEC+, which groups the Organization of the ...

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.

while WTI futures peaked at $73.97 per barrel, both hitting one-month highs. Market fears are rising over the possibility that Israel might target Iranian oil infrastructure, which could provoke ...