World shares are mostly lower and oil prices have jumped after U.S. President Donald Trump warned Iran that the “clock is ...

The IEA's oil market report for May noted that global oil supply declined by a further 1.8 million barrels per day in April.

The Brent crude oil price today resumed its rise amid signs the Middle East ceasefire is already under strain. The oil benchmark this morning stood near $98 a barrel, having slumped 13% in dealings ...

Oil briefly surpassed $126 a barrel Thursday, its highest price in four years, as traders worried about a prolonged closure of the Strait of Hormuz, following US President Donald Trump’s decision to ...

Oil prices are holding below $100 amid ceasefire hopes, but markets remain highly volatile and driven by geopolitical headlines. Physical supply is still severely constrained, with flows through the ...

Stocks today rallied after the price of oil fell on hopes of a de-escalation of the Middle East conflict. Brent Crude’s return below $100 a barrel helped the FTSE 100 index to open back above the ...

U.S. stocks were higher on Tuesday, while oil prices slid as traders reacted to a number of solid earnings results.