Refining bottlenecks are emerging as the next big oil problem as Middle East skirmishes flare up

American drivers just paid the highest Labor Day gasoline prices ever. Dwindling global refinery capacity is threatening to ...

Oil Rises Amid Escalation in U.S.-Iran Conflict

Oil rose in early Asian trade amid an escalation in the U.S.-Iran conflict that could increase supply disruptions in the Middle East.

Brent crude rises above $100 a barrel as Middle East conflict escalates

SINGAPORE, Sept 9 (Reuters) - Benchmark Brent crude oil futures rose past $100 a barrel on Wednesday, breaching the symbolic barrier for the first time since July 24 as intensifying conflict in the ...

Key oil benchmark tops $100 a barrel for first time since July, as midterms loom

Global oil prices reached the highest mark since July on Wednesday, as the Iran war continues to drag on and the U.S. barrels toward the midterm elections. The price of Brent crude — a key global ...