New York/London/Singapore — Oil jumped more than $1 per barrel on Thursday on expectations that falling prices could lead to…
Browsing: Strait of Hormuz
Oil prices rebounded slightly on Tuesday from big falls in recent sessions, but Brent crude remained near seven-month lows around $60 a barrel due to escalating
Dubai — Iranian forces seized a foreign oil tanker in the Gulf that was smuggling fuel to Arab states and…
BP has not taken any of its oil tankers through the Strait of Hormuz since a July 10 attempt by Iran to seize one of its vessels,
A strong rise in oil and gas production helped BP offset weaker crude prices and refining profit to again beat profit expectations
Denmark said on Friday it welcomed a British government proposal for a European-led naval mission to ensure safe shipping through the Strait
Oil prices rose 1% on Thursday amid Middle East tensions and a big fall in U.S. crude stocks, but gains were capped as weak manufacturing
Saudi Arabia said on Tuesday that Iran’s interception of commercial vessels, including its seizure of a British tanker, in Gulf waters
Oil slipped to around $63 a barrel on Tuesday as concerns faded for now that rising tensions in the Middle East would escalate and hit oil supplies
London — Oil prices rose on Monday on concerns that Iran’s seizure of a British tanker last week may lead…