He's reportedly the country's 107th-richest person, with an estimated net worth of $9.5 billion, largely driven by his ...

At just $70 a barrel, US oil prices remain much closer to their 2024 lows than their highs last fall of nearly $90. The ...

Oil prices rose on Friday and settled with their biggest weekly gains in over a year on the mounting threat of a region-wide ...

Fifteen miles off Iran's northwestern coast, the Kharg Island terminal handles more than 90% of the country's crude exports.

Iran's oil minister Mohsen Paknejad said on Saturday that he was "not worried" amid the escalating conflict in the region, ...

If Iran's oil installations are taken offline, oil prices could surge over $200 per barrel, SEB's Bjarne Schieldrop said.

A calm 2024 for petroleum prices has given way to bets that a spike in energy prices could follow.

This legal action sets a precedent for other state attorneys general to follow. As the litigation piles up on big oil for ...

Oil prices rose than $6 per barrel (5.47 euros) this week and prices at the pump moved higher as well. The average price for ...

The kingdom called out members for overproducing, in what was seen as a veiled threat of a price war.

Wall Street has taken notice — share prices for companies in oil, gas, and drilling have moved higher with crude prices. The ...

Israel’s vow to retaliate against Iran for a massive missile attack on the country is bringing a focus on oil supplies from ...