Read the latest news articles relating to the oil and gas industry.
Two CEOs told CNBC that they are monitoring the situation, but would not predict the price of oil. There will be more significant price effects, they said, if Iran closes the critical Strait... Read more
STORY: As Israel’s conflict with Iran escalated over the weekend, so did fears for global oil prices. Crude settled 7% higher on Friday as news of the conflict first broke. It then gained an... Read more
Israel has targeted Iranian energy infrastructure, including the world’s largest gas field, South Pars, which Iran shares with Qatar. CNN’s Becky Anderson speaks with analyst Firas Maksad ab... Read more
US stock futures rose Sunday night despite missile strikes between Israel and Iran throughout the weekend sending shockwaves throughout global markets. Meanwhile, oil (CL=F) edged higher, bu... Read more
MOSCOW (Reuters) -Russian forces carried out an overnight strike on the Kremenchuk oil refinery that supplies fuel to Ukrainian forces in the Donbas region, Russia’s defence ministry s... Read more
(Reuters) -Iran has partially suspended gas production at the world’s biggest gas field after an Israeli strike caused a fire there on Saturday, the semi-official Tasnim news agency re... Read more
Crude futures jumped about $5 a barrel on Friday after Israel launched airstrikes against Iran without U.S. support. The attack has sparked concerns over the supply outlook from the oil-rich... Read more
00:00 Speaker A It’s time for Yahoo! Finance’s Market Minute. Markets are slipping in today’s session amid heightened tensions in the Middle East. The increased conflict ha... Read more
JUNEAU, Alaska (AP) — A federal appeals court panel on Friday refused to vacate the approval of the massive Willow oil project on Alaska’s petroleum-rich North Slope though it found flaws in... Read more
The sudden spike in oil prices in response to Israel’s attack against Iran should be short lived unless physical supplies are actually disrupted in the Middle East, energy analysts say... Read more