Brent crude crossed $90 bbl Friday with U.S. West Texas Intermediate crude not far behind, as the Iran war neared its first week, paralyzing about a fifth of global petroleum supplies.

Oil prices rallied for a fifth consecutive session Thursday, hitting multi-year highs as WTI and Brent futures, traded at $80 bbl and $85 bbl, respectively, while ULSD traded to three-year highs and gasoline to near two-year peaks, as...

Diesel prices soared to more than three-year highs Thursday morning on the back of a rally in European gasoil futures as more refiners in Asia were forced to scale back operations and cancel product exports as the Iran war hit crude deliveries from the Middle East.

Oil prices held steady Wednesday after a two-day rally amid signs that the Middle East's petroleum trade could remain suspended longer than thought as Iran struck at its neighbors to drag them into its war with the U.S. and Israel.

Crude futures eased on Wednesday morning for the first time since the outbreak of the Iran war at the weekend as the U.S. reinforced its pledge to provide a safe passage to oil tankers Tehran had ordered off the critically important Strait of Hormuz.

Oil and product futures continued to climb Tuesday morning as millions of barrels per day of Middle Eastern crude oil and refined product supply remained cut off from export markets, deepening supply risks from an escalating U.S.-Iran...

Oil and product futures hit multi-month highs Monday as an escalating U.S.-Israel military campaign against Iran and Tehran's retaliatory strikes fueled fears of a wider Middle East contagion that could paralyze the Strait of Hormuz oil...