oil prices

G7 nations to cap price of Russian oil

Measure intended to limit Russia's ability to fund Ukraine war while not worsening global inflation.

Saudi Aramco reports 90% surge in quarterly profits

State owned oil company announces $48.4 billion net income during second quarter when gas prices hit record highs.

WH to sell another 20 million barrels from Strategic Reserve

White House announces it will sell 20 million more barrels of oil from Strategic Petroleum Reserve to bring down gas prices.

Biden considering ‘drastic action’ to lower gas prices

Plan would see release of 1 million barrels of oil from strategic reserve per day for 180 days, the largest release in history.

Russian invasion sends world gas prices soaring to 8-year high

Price of oil tops $100 a barrel and stock markets tumble after Russia invades Ukraine.

Oil prices plummet to all time lows - dropping below zero

Russia, Saudi Arabia scramble to cut production as oil prices suffer unprecedented collapse, falling into negative territory for first time.

Putin, Obama and Iran: A Choice in the Absence of Choice

Analyst: Soon to be Broke Saudis 'Fooled Themselves' on Oil

A gambit by Saudi Arabia to break the back of its oil competition has fallen flat on its face, a respected UK analyst said Wednesday.

'Iran Effect?' Gas Prices Set to Tumble in August

The Iran nuclear deal may be bad from a security point of view, but it's apparently good for oil prices

Analysts: Gas Price Hike Could be Election's 'Dark Horse'

Israelis usually don't think about gas price hikes - but two weeks before election, it may become an important issue.

Could Gas Price Jump Two Weeks Before Election Affect Results?

After four straight months of falling gasoline prices, the party appears to be over for Israeli drivers. Will it affect how they vote?

Iran, Iraq Selling Oil at Lowest Prices in a Decade

As oil prices in Israel begin to creep up again, Iran and Iraq are outdoing each other in offering low prices to Asia.

US to Allow Oil Exports for First Time in 40 Years

Now officially the world's largest producer, the United States will, for the first time since 1975, allow the export of “made in USA” oil.

Saudis Slash Oil Prices to 'Block' Iranian Nuclear Weapon

Analysts agree radical drop in oil prices due to Saudis flooding market in attempt to crush Iran as US not stopping its nuclear program.

Spinning Out of Control

Rouhani: Oil Price Drop is A 'Plot' Against Us

The falling price of oil is an international plot by Western countries to denude the Islamic world of its greatest asset, Iran said.

Europe, Awake! Ukraine and Syria are Global Blackmail

US Top Oil Producer By 2020

Growing Oil Supply To Stabilize And Reduce Oil Prices

The US in 2020 will be the world's largest oil producer. Middle East oil stranglehold is a thing of the past.