Oil

Business

OPEC+ to ramp up oil output even higher with eye on market share

Saudi Arabia, Russia and six other key members of the OPEC+ alliance on Saturday said they would further increase oil…

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Business

The S&P 500 flirts with it’s all-time high, oil futures rise 1.4% after Middle East ceasefire

Despite little change in the U.S. stocks on Wednesday, investors watched the markets closely.  The S&P 500 closed the day…

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Business

Shell denies reports of BP mega-merger of Big Oil rivals

Shell said “no talks are taking place” for a potential mega-merger with rival BP that would cost more than $80…

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Oil prices tumble after Israel agrees to Iran ceasefire

[Getty Images] Oil prices tumbled by nearly 5% on Tuesday after Israel agreed to a ceasefire with Iran after nearly…

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Politics

Senate parliamentarian rejects offshore oil, gas drilling provisions in GOP megabill

Senate Parliamentarian Elizabeth MacDonough has ruled against provisions in the GOP megabill to enact President Trump’s agenda that would dramatically…

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Business

Oil tumbles as traders bet on ‘major de-escalation’ between US and Iran

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and…

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Business

Stock market today: Dow futures drop 150 points, oil jumps after U.S. bombs Iran

U.S. stock futures signaled anxiety Sunday night as Wall Street weighed the implications of deepening U.S. involvement in the Middle…

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Business

Oil price jumps after US strikes Iran

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…

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Oil rises and US stock futures, Asian shares slip after US strike on Iran nuclear sites

NEW YORK (AP) — The price of oil rose and U.S. stock futures fell as global markets react to the…

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Iran government moves to block major oil, gas route

Iran's parliament approved a measure June 22 endorsing the closure of the Strait of Hormuz, a major oil transportation route,…

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