The U.S.-Israeli attacks on Iran have intensified and the conflict has widened, shaking global energy markets.

Oil prices are under pressure as oversupply fears and Ukraine peace talks optimism weigh on markets. Executives expect a weak near-term outlook, with WTI seen at around $62 in 2026. Big Oil remains resilient despite lower prices, using cost cuts ...

Oil prices are expected to open higher when benchmark futures resume trading later on Sunday, as markets react to heightened geopolitical risk, Reuters reported, citing the dramatic U.S. operation in Venezuela that removed President Nicolás Maduro from ...

For now, hopes that conflict is short lived; sources say no need for alarm but experts note that prolonged war could impact Budget projections

Global upstream oil investment is set to fall for a second straight year in 2026. Producers prioritize capital discipline amid sub-$60 oil prices, with cuts in North America and Europe offsetting higher spending in the Middle East and parts of the Global South