Oil Price

Global oil markets witnessed pronounced volatility throughout May, as shifting dynamics in the Middle East conflict triggered steep price swings. Brent crude plunged nearly 20%, closing at $92.05 per barrel,…

Oil prices have experienced their most significant monthly drop in six years, driven largely by hopeful signals from the United States regarding a potential agreement with Iran. In May, Brent…

A rare shipment of crude oil from the United States’ Strategic Petroleum Reserve (SPR) has been dispatched to the Philippines, signaling a significant shift in global oil supply routes amid…

Consumers across the country are facing increased financial strain as rising oil prices push up expenses not only at gas stations but also for vehicle upkeep. One notable impact is…

Global oil prices climbed back above $100 per barrel following fresh US military strikes on Iran, signaling renewed volatility in energy markets already strained by geopolitical tensions. The attacks targeted…

Oil prices have recently shown some stability, with the price per barrel recorded at $99.53 as of May 26, 2026. This marks a slight increase of 0.67% compared to the…

Global oil markets have been rattled this week as escalating military tensions between the United States and Iran in southern Iran stirred fresh concerns over supply stability. Brent crude prices…

Oil prices experienced a significant decline as hopes grew for a peace agreement between the United States and Iran that could end the ongoing conflict and reopen the vital Strait…

The global oil market is nearing a pivotal moment that could trigger significant supply shortages and a sharp rise in oil prices. HFI Research, an investment firm specializing in energy…

The ongoing conflict involving Iran has severely disrupted oil production in the Middle East, leading to the closure of the Strait of Hormuz, a vital waterway responsible for transporting about…