IEA announces release of 400 million barrels of oil. But is it enough?
Global energy watchdog pledges largest release from oil reserves amid war on Iran. But is 'one-shot' tactic sufficient?
Global energy watchdog pledges largest release from oil reserves amid war on Iran. But is 'one-shot' tactic sufficient?
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Global energy watchdog pledges largest release from oil reserves amid war on Iran. But is 'one-shot' tactic sufficient?
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The U.S. and the International Energy Agency are releasing oil from their reserves as the average price of a gallon of gas in the U.S. has jumped 15% since the Iran war began. Kelly O'Grady explains if the moves will…
Iran's Mojtaba Khamenei says strait should remain closed as Donald Trump claims US benefits from high oil prices.
OPEC’s crude oil production climbed last month as group leader Saudi Arabia bolstered production amid rising regional tensions, a Bloomberg survey showed.
The US has further eased sanctions on Russian oil in an attempt to bring soaring energy prices down. The news is a huge boost to the Kremlin, just when it needed one.
The dollar touched its highest level in two months on Friday, as elevated oil prices sparked worries over inflation and the war in Iran showed no signs of winding down.
Gold slipped on Friday, on pace for a second weekly decline as the war in the Middle East kept oil prices around $100 a barrel, underpinning global inflationary pressures.