Vistry shares slumped 19% or 116.8p to 515p following the update and annual results, which showed a 2% rise in pre-tax profits to £268.8 million. Brent Crude today stood at $83.84 a barrel, having ...

The shutdowns may extend to about two-thirds of Iraq’s total crude oil production in the coming days if the Strait of Hormuz remains effectively out of bounds.| Business News ...

Trump reiterated that he’d like to see a more moderate leader emerge in Iran, but his top candidates were killed amid strikes.

Brent crude oil price reached a peak of $85.12 per barrel, rising 10% on Tuesday as the global oil market took into account ...

The dollar index (DXY00 ) rose by +0.61% on Tuesday and posted a 3.25-month high. The dollar extended Monday’s rally on Tuesday after oil prices soared to an 8.5-month high, boosting inflation ...

Senegalese fishers accuse energy companies of polluting their waters near a major gas project, prompting an international OECD review and talks to address harms to livelihoods and food security.

The reason to watch oil prices more closely than the other markets is that the oil market is generally limited to the largest and most sophisticated institutional investors and industry players. This ...

Newfoundland and Labrador’s provincial government has signed an agreement with Equinor and BP to open the path for construction and production of the Bay du Nord offshore oil project, says Premier ...

A proposed deepwater oil project off the Canadian east coast reached a key milestone Tuesday as the Newfoundland and Labrador government signed an agreement with Equinor on how to divvy up the ...

The offer comes “after nearly 60 formal meetings and hundreds of hours of exchanges over a two-month period,” according to BP.

For Iraq, the ship shortage is now backing up output. The country has begun closing both the Rumaila field, the nation’s ...

An immediate ceasefire must be called for the US-Israel attack on Iran, where conflict is risking countless lives and may destabilise oil prices for years to come ...