Oil prices settled in the mid- $90 bbl level after hitting nearly $120 bbl on Monday (3/9) as finance ministers from the Group of Seven(G7) announced plans to release emergency crude reserves to offset a disruption in supply caused by...

Oil prices hit almost $120 bbl on Monday as Iran installed a new supreme leader against U.S. wishes while the Middle East's busiest petroleum shipping lane remained closed, signaling no immediate end to the Tehran's war with the U.S. and...

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 the war in Iran dragged on with no end...

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...