U.S. crude oil prices on Thursday topped $80 per barrel as the escalating Iran war disrupts global fuel supplies, with traffic in the Strait of Hormuz at a standstill due to attacks on tankers.

A momentum indicator for a crude futures chart has soared to its highest level in 36 years, but as the Wall Street saying goes, overbought doesn’t mean over.

Huge miss in US jobs report suggests labor market weakening, as Middle East crisis drives oil price higher and higher

South Korea will receive more than 6 million barrels of crude oil from the United Arab Emirates (UAE), Cheong Wa Dae said Friday, amid concerns over energy prices due to the escalating conflict in the Middle East.

Prices for heavy crude produced in the Americas surged to multi-year highs on Wednesday, as the U.-Israeli attacks on Iran stymied exports of similar oil produced in the Middle East.

International oil benchmarks were up Thursday, as investors prepared themselves for a protracted conflict in the Middle East.

The oil market has calmed after President Donald Trump said the U.S. would insure tankers and provide naval escorts if necessary.

The vast majority of Iran’s roughly 1.6 million barrels a day of crude exports is bound for China, but the world’s second-largest economy has spent months shoring up its supply, cushioning itself from any potential shocks from this weekend’s conflict.

Oil futures surged Monday after the United States and Israel launched strikes against Iran over the weekend.

The ProShares Ultra Bloomberg Crude Oil ETF (NYSEARCA:UCO) is built for one specific purpose: to deliver twice the daily return of WTI crude oil. That precision cuts both ways. Every dollar oil moves,

Venezuela this month resumed exports of a key ​crude grade that had not been shipped since late ‌2024, diluted crude oil (DCO), with U.S. Chevron sending a 500,000-barrel cargo to the U.S. Gulf Coast,