Brent futures were down 1.85% to US $72.86 per barrel as of 3 pm US Central. Futures for West Texas Intermediate (WTI) had fallen 2.3% to $71.27 per barrel. Meanwhile, US gas benchmark Henry Hub ...

Investors had been on edge all weekend after Israel struck Iran Friday, and Tehran responded with missiles. But new reports ...

Central bank struggles to convey clear sense of direction for monetary policy as key indicators fluctuate, economists warn ...

OPEC oil output rose in May, a Reuters survey found, although the increase was limited as Iraq pumped below target to ...

Nigeria’s naira rose for a seventh day to a two-month high against the dollar on Tuesday amid higher oil prices and as ...

The national average price of gas has increased week-over-week for the first time since May, as the Israel-Iran conflict raises concern in the oil market.

The dollar edged lower but its recent appreciation on the Israel-Iran conflict was likely mainly due to the oil-price rally as opposed to its safe-haven role, Commerzbank said.