Oil prices reversed a volatile early Friday session to settle up for a fifth consecutive week amid media reports that U.S. President Donald Trump has been presented with options for a U.S. ground battle in Iran that could dramatically...

Crude and fuel futures were mixed in choppy trading Friday morning, with WTI headed for its first weekly loss since February on U.S. efforts to boost domestic supplies even as global oil shipments remained in a flux from the three-week long Iran war.

Crude futures raced to nearly $120 bbl Thursday before retreating after the White House signaled it may ease sanctions on Iranian oil trade, and consider additional releases from U.S. strategic reserves to bolster global supplies...

U.S. West Texas Intermediate crude revisited $100 bbl territory while North Sea Brent peaked at near $120 Thursday after new attacks by Iran on Middle Eastern oil and gas infrastructure.

Crude and refined product markets mostly settled higher on Wednesday, with Brent nearly hitting $110 bbl, as Iran pledged to strike additional Middle East energy infrastructure in retaliation to U.S.-Israeli attacks at its South Pars gas hub.

Brent futures jumped more than 4% Wednesday morning after Iran reported attacks on some of its energy infrastructure for the first time since the beginning of the latest Middle East conflict, and vowed retaliation.

Crude and refined product futures resumed their upward trend on Tuesday, extending the rally triggered by the escalating Middle East conflict on news that Israel killed two senior Iranian officials and Tehran retaliated with new attacks...