California could face a significant challenge in maintaining large oil supplies as long as the Strait of Hormuz remains ...

Gas is hitting record highs across the country, but the pain is particularly excruciating in California as an oil supply crisis grows ever larger. MS NOW Reporter Laura Haefeli joins Alex Witt with ...

June WTI crude oil (CLM26) on Friday closed up +0.61 (+0.64%), and June RBOB gasoline (RBM26) closed up +0.0707 (+2.05%).

If the United States buys so little oil from the Persian Gulf, why would a war in the region cause gas prices here to spike?

A durable peace breakthrough in the Middle East would ripple through markets far beyond crude oil, quickly stripping out risk ...

So the last time I gassed up, I — like you and virtually everyone else in America — got some ugly sticker shock. A gallon ...

More than two months since the US and Israel launched their strikes on Iran, a foreign policy venture that sought to secure ...

Recent International Energy Agency analysis showed the world remains short roughly 10 to 13 million barrels per day of crude ...

California is about to face the most brutal test of the gas crisis yet as the final ship carrying oil from the Middle East ...

The Platts Dubai benchmark is under severe strain as Hormuz disruptions halt exports, leaving it disconnected from physical oil flows and reducing available pricing grades. Thin liquidity and ...

Countries like Venezuela, Argentina, and Brazil are ramping up output, signaling a long-term shift in global supply toward ...