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The Bloomberg survey mirrors new estimates by the OECD, which sees higher inflation in the U.S. and other major economies.

Brent crude is on pace for a record monthly gain in March, as the war between the U.S., Israel and Iran has rocked the oil-rich Middle East.

Treasury Secretary Scott Bessent said a U.S. insurance program meant to boost shipping through the Strait of Hormuz will begin soon.

Four of the six largest swings ever seen in international oil benchmark Brent futures have come since the war started at the end of February.

Doubt is taking over again on Wall Street from hope about a possible end to the war with Iran, and stocks are back to sinking as oil prices rise.

Customer deliveries of Windrose tractors are expected to begin in May, Xos CEO Dakota Semler told Transport Topics in an exclusive interview.

Consumers are responding to one of the largest disruptions in global oil markets by embracing low-carbon technologies that promise to lower gas and power bills.

Trump administration officials are examining what a potential spike in oil prices as high as $200 a barrel would mean for the economy, according to sources.

The Alberta and Canadian governments reached a deal to reduce methane emissions, setting the stage for a new pipeline to the Pacific coast.

USPS will impose a surcharge to offset rising fuel costs, sources said, a sign that the beleaguered mail carrier is feeling the strain of higher oil prices.