China is continuing to build up crude oil stockpiles as it refines substantially less than what it has available from imports and domestic production.

Crude prices gained again as Israel and Iran continued air attacks against each other, sustaining market uncertainty in Asia.

This latest iteration of the Middle East crisis is both familiar and unfamiliar. We’re all back obsessing about the oil price, yet we also know from the last few years that that same oil price has appeared somewhat impervious — oblivious?

The Indian rupee is likely to dip at the open on Tuesday, weighed down by rising oil prices and a decline in U.S. equity futures after U.S. President Donald Trump called for the evacuation of Tehran.

The post, which came as tensions in the region remained volatile, sent oil prices jumping nearly two per cent before trimming some of the gains

A sustained rise in the price of crude oil, which jumped sharply after Israel attacked Iran, could hurt consumers and President Trump’s efforts to bring down energy costs.

DRIVERS must be spared a fuel duty hike as tensions in the Middle East push up global oil prices, MPs have warned.  New figures show petrol prices rose to 132.1p a litre yesterday,