Trowbridge in Somerset, England, on March 15, 2025. Anna Barclay | Getty Images News | Getty Images British oil giant BP on Tuesday posted fourth-quarter profit in line with expectations and suspended share buybacks, seeking to shore up its balance sheet as lower crude prices take their toll. The London-listed energy firm reported underlying replacement…
The Shell petrol station is at 106 Old Brompton Road in the Royal Borough of Kensington and Chelsea, London, England, United Kingdom, on December 25, 2025. Nurphoto | Nurphoto | Getty Images British oil major Shell on Thursday reported its weakest quarterly profit in nearly five years, amid a weaker crude price environment and unfavorable…
Oil prices fell on Tuesday even as a massive winter storm hit crude production and affected refineries on the U.S. Gulf Coast. Anton Petrus | Moment | Getty Images Oil prices fell on Thursday after Washington and Tehran agreed to hold talks in Oman on Friday, even as differences persist over the scope of the…
Oil prices rose more than 1.5% in Asian trade on Thursday, on increasing concerns of a U.S military attack on Iran that could disrupt supply from the region. Anton Petrus | Moment | Getty Images Oil prices slid Monday as investors dialed back fears of a supply shock after U.S. President Donald Trump’s statements on…
Signage at a Chevron gas station in San Mateo, California, US, on Thursday, Jan. 29, 2026. Benjamin Fanjoy | Bloomberg | Getty Images Chevron on Friday reported fourth-quarter earnings that beat Wall Street estimates as record oil production offset the pinch of lower crude prices. Last year, oil logged its biggest annual price decline since…
Crude oil prices rose more than 2% on Thursday as President Donald Trump weighed military strikes on OPEC member Iran. U.S. crude rose $1.56, or 2.5%, to $64.77 per barrel. Global benchmark Brent was up $1.59, or 2.3%, to $69.99 per barrel. Multiple sources told Reuters that Trump is weighing targeted strikes on Iranian security…
Crude oil prices rose Wednesday, after President Donald Trump warned Iran that a “massive Armada” is heading in its direction and time is running out to make a deal on its nuclear program. Global benchmark Brent rose 83 cents, or 1.23%, to close at $68.40 per barrel. U.S. crude oil gained 82 cents, or 1.31%,…
A worker shovels snow during a winter storm in Lower Manhattan in New York, US, on Sunday, Jan. 25, 2026. A colossal winter storm reached the US East Coast Sunday morning after dropping ice and snow across much of the nation, leaving hundreds of thousands of homes without power and causing a wave of flight…
Oil prices fell 3% on Thursday after comments from U.S. President Donald Trump calmed fears that an American strike on Iran could be imminent. Brent crude oil futures, the global benchmark, dipped by 2.8%, or $1.87, to settle at $64.63 a barrel. Front-month West Texas Intermediate crude lost $1.79, or 2.9%, to trade at $60.23…
US President Donald Trump looks on before signing a bill in the Oval Office of the White House in Washington, DC, on Jan. 14, 2026. Brendan Smialowski | AFP | Getty Images Oil prices fell more than 1% Wednesday after President Donald Trump signaled he might not attack Iran. U.S. crude oil fell 95 cents,…
