Ambrey said the cause of the incident, which took place 22 nautical miles east of Khor Fakkan in the UAE, was not security-related ...

Tensions between Iran and Israel are adding to the global economic uncertainty which impacts international trade.

It is worth noting that a $10-per-barrel increase in crude oil prices could raise India’s oil import bill by $12–13 billion ...

Oil prices rose sharply on Tuesday after US President Donald Trump called for the evacuation of Tehran, raising fears of a ...

Oil prices rose on Tuesday, with analysts saying that uncertainty would keep prices elevated, even as there were no concrete ...

MOSCOW. June 17 (Interfax) - Historically, affordable prices stimulate additional demand for oil amid ongoing global competition for fuel, Russian Deputy Prime Minister Alexander Novak said in an ...

North Texas-based retailer At Home has filed for bankruptcy protection.

Two crude tankers collided off the coast of Khor Fakkan early Tuesday, with reports indicating a fire broke out following the incident.