After its largest increase since the early 1980s over the last week, futures trading on crude oil on Sunday surpassed $100 per barrel.

Despite start of military operations to intercept ships region, investors still expect U.S. and Iran to find an off-ramp.

Investors saw a possible path to peace, with the United States and Iran trading proposals for Iran to suspend nuclear activity.

Amid the escalating US Iran War, a critical situation has arisen for the oil market as the global crude oil prices continued to surge and stayed above the $100 per barrel mark, even after a slight fall. The worst is yet to come as the Macquarie Group has ...

Domestic energy companies could benefit from high oil prices in the short-term, but take a hit if the Iran war drags on.

Oil prices were climbing again on Thursday morning as the war in Iran approaches its one-month mark — with little sign of an end in sight. The front-month Brent crude contract for May delivery BRNK26 was up nearly 5% to $107.16 a barrel, while the most ...

By Nicole Jao NEW YORK, April 8 (Reuters) - Oil plummeted on Wednesday, falling below $100 a barrel, on hope of the Strait of Hormuz reopening after U.S. President Donald Trump agreed to a two-week ceasefire with Iran.

Oil prices have eclipsed US$100 per barrel for the first time in more than three and a half years as the Iran war hinders production and shipping in the Middle East.