U.S. Gulf Coast refiners are snapping up higher volumes of Middle Eastern and South American crudes to offset the loss of ...

The modern oil era has transformed the global economy, geopolitics, and industrial development. This video traces the rise of ...

Fifty years after the 1973 Arab oil embargo, the current crisis in the Middle East has the potential to disrupt global oil supplies and push prices higher. But don't expect a repeat of the ...

The Middle East has half the world’s oil but it won’t be able to help much as Europe tries to find a replacement for Russian crude. CNN values your feedback 1.

The Ukraine war is wreaking havoc on the world economy, but in the Middle East its impact hasn’t been so grim for everyone. Gulf oil producers are seeing billions of dollars added to their ...

Javier Blas: The biggest story of the reaction of the oil market to the conflict in the Middle East is one of what has not happened.. Holder: Javier Blas is an opinion columnist for Bloomberg.He's ...

$100 Oil Is A Boon To Middle East’s Oil Exporters Triple-digit oil prices have accelerated economic growth in the major Middle Eastern oil exporters, including the world’s largest crude oil ...

The consequences of the increasingly urgent hostilities between Israel and Iran are multifold—humanitarian, geopolitical, and so on. If the situation deepens, it could also have important implications ...

The Threat To Middle East’s Oil Wealth . At the current pace of fiscal reforms, income, and spending, the six oil producers will see their current US$2-trillion wealth exhausted by 2034, the IMF ...

Middle East Oil-Trading Frenzy Makes Supply Hard to Gauge. ... our guide to the energy and commodities markets powering the global economy. Today, we look at a recent anomaly in the oil market, ...

Oil prices climbed this week as tensions in the Middle East escalated. Iran launched missiles at Israel and the Israelis threatened retaliation, raising the possibility of a disruption to the flow ...