Crude Oil

The major escalation in the Middle East dragged down futures tied to the Dow Jones Industrial Average by 504 points, while S&P 500 futures and Nasdaq 100 futures declined by 1.25% and 1.35%, respectively.

In recent years, leading hedge funds and global investment banks have been flocking to the "capital of capital."

Occidental Petroleum's grand ambitions of low-carbon energy transition caught Warren Buffett's attention. Berkshire Hathaway holds almost 29% stake in the energy firm.

The company's shift towards trading more in liquefied natural gas (LNG) and increased production offset reduced earnings from refining and oil trading, along with higher operating costs.

China and Turkey are standing-up to U.S. demands they stop importing Iranian oil.

There seems to be enough market evidence to indicate $80 oil by the summer.

The International Energy Agency still doesn't see growth stopping.

Big Oil had a good year in 2018, helped mostly by higher oil prices.

The surprise declaration could make Qatar the first Middle East nation to leave the cartel since its founding in 1960.

The OPEC oil ministers began arriving in Vienna on Tuesday ahead of their official meeting Friday, which will also include discussions with Russia.

Mohammed Sanusi Barkindo urges American oil producers to reduce production in a bid to prop up crude oil prices.

Brent and WTI contracts hammered as fears of crude supply glut escalate.

US President's plan to sell half of his country's crude oil reserves fails to unnerve Opec members.

Precious metals and crude oil headed lower ahead of the US Federal Reserve's rate-setting meeting.

Opec's surprise decision to cut oil production by 1.2 million barrels per day has boosted the crude oil price.

Suhail Al Mazroui tells IBTimes UK that Opec was working 'overtime' towards an oil market solution.

Analysts expect oil markets to benefit from Donald Trump's presidency, as Opec struggles to cut production.

The process of making fuel from poo mimics the way fossil fuels form in the ground.

Oil giant boosted by BG acquisition but warns outlook remains challenging due to the weakness in oil prices.

Activists targeted pipelines that carry as much as 15% of daily US oil consumption.

Precious metals halted the previous session's slide while oil futures continued to rally.

The two countries account for more than 25% of the world's crude oil production.

Oil futures rose for a third successive session, after a higher than expected drawdown in US crude inventories.

Oil giant posts $485m loss compared with $2.1bn profit a year but remains adamant it is weathering the storm.

Unaoil under investigation by SFO amid bribery scandal involving companies across the world.

Petroleum minister Ibe Kachikwu says oil from refineries to be kept in "strategic reserves".

IEA says agreement to cut oil output is meaningless as Saudi Arabia is only country capable of increasing production.

Brent Crude and West Texas Intermediate slide as US oil rigs count increases after 12 weeks of decline.

Oil giants will break up Motiva business after 18 years and divide assets to pursue other goals.

Engineering group said ongoing slump in commodity prices will negatively impact its 2016 results.