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How China and U.S. eased the Middle East oil shock and kept prices from spiking even higher

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China and the United States have provided critical support to the oil market and helped ease the huge supply disruption in the Middle East...
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Behind Big Oil’s first-quarter beat: The quiet rise of trading desks

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An employee of Basra Oil Company, works at the Nahr Bin Umar Oil and Gas Field on the outskirts of the southern Iraqi city...
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European stocks to open lower as UAE OPEC exit complicates oil supply outlook

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OPEC+ agreed in early October to reduce production by 2 million barrels per day from November. It came despite calls from the U.S. for...
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Oil major BP beats profit expectations as Iran war boosts fuel prices

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The BP refinery in Lingen, Germany (aerial view with a drone).Picture Alliance | Picture Alliance | Getty ImagesBritish energy major BP on Tuesday reported...
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Iran oil shock stirs memories of 1997 Asian Financial Crisis — but here’s why history may not repeat itself

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A month into the worst oil supply disruption since the 1970s Arab embargo, the economic pain spreading across Asia is reviving an uncomfortable question:...
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CNBC Daily Open: Trump’s truce sparks global relief rally

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TOPSHOT - Rocket trails are seen in the sky above the Netanya, Israel, on April 8, 2026. Israel's military issued two warnings in quick...
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European stocks set to soar after U.S.-Iran ceasefire deal

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Traders work on the floor of the New York Stock Exchange during morning trading on April 02, 2026 in New York City. Michael M....
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CNBC Daily Open: Markets cheer as Trump and Tehran agree to 2-week ceasefire

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WASHINGTON DC, UNITED STATES - APRIL 6: The United States President Donald Trump holds a Press Conference in the James S. Brady Press Briefing...
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U.S. oil prices fall more than 9% after Trump agrees to suspend attacks on Iran for two weeks

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U.S. crude oil prices tumbled Tuesday evening after President Donald Trump agreed to suspend attacks on Iran for two weeks. The West Texas Intermediate...
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European stocks set to open higher as Iran war deadline unsettles markets

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BERLIN, GERMANY - MARCH 16: A truck and a bicyclist pass by a petrol station that shows gasoline prices well over EUR 2.00 per...
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Trump’s Iran ultimatum and signals of a possible deal keep investors on tenterhooks

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US President Donald Trump during a prime-time address to the nation in the Cross Hall of the White House in Washington, DC, US, on...
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Brent oil spot price for actual cargo soars to $141, highest level since 2008 financial crisis

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The spot price for current physical cargoes of Brent crude oil soared Thursday to $141.36, the highest level since the 2008 financial crisis, according...
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