As May’s final day of oil trading is underway, the price of crude is set for its biggest one-month decline in six years, ...

Global oil prices tumbled over 20% in May on hopes for the U.S.-Iran peace deal.

Oil prices fell by more than 3% on Wednesday as traders weighed up progress in U.S.-Iran peace talks and renewed hostilities.

U.S. stocks inched to more records after oil prices fell back to where they were in mid-April. The S&P 500 edged up by less ...

World stocks stood at record highs on Friday and oil futures eyed the steepest weekly drop for nearly two months as traders waited for details on a potential deal to reopen the Strait of Hormuz and ...

Global investments in oil projects are due to fall for the third year in a row, as the supply shock from the Middle East conflict shifts priorities to new trade routes and other energy sources.

The cost of crude hit a one-month low and S&P 500 futures were up as investors assessed the prospects for a lasting peace ...

WASHINGTON, April 17 (Reuters) - Iran's move to reopen the Strait of Hormuz and a sharp drop in oil prices on Friday boosted bets the Federal Reserve may resume its interest rate cuts as soon as ...

Oil prices climbed Wednesday after dropping to a five-month low last week. Oil prices on Wednesday scored their biggest one-day gain in a month, as traders weighed how the recent drop in prices could ...

Oil prices dropped Monday after President Trump said negotiations with Iran to reopen the Strait of Hormuz were moving ahead — though traders remained braced for more potential chaos as the blockade ...

The price of Brent crude, the global crude oil benchmark, fell 18 percent to around $90 a barrel, while West Texas Intermediate Crude, the U.S. benchmark, fell to around $92 a barrel, down more than ...

Angst on Wall Street about being caught off-guard if the U.S.-Iran war ends quickly sent global oil prices tumbling more than 20% in May. Both the U.S. and global benchmarks are now on pace for their ...