As of July 31, the average price for a regular gallon of gas in Wisconsin was $2.93 — more than 50 cents lower than the same ...

Oil prices fell sharply on Tuesday morning after reports of a ceasefire agreement between Israel and Iran eased fears of a severe supply shock.

After fuel prices jumped by more than P5 per liter this week, the Department of Energy said motorists could expect a rollback of over P2 per liter next week.

Oil markets swiftly reversed initial panic after Israel’s June 13 strike on Iran, with Brent crude falling back below $70 per barrel as traders sensed the conflict would not escalate further.

On the other hand, Israel and its Western allies accuse Iran of being behind a series of attacks on Israeli interests, including several drone strikes on Israeli-owned oil tankers and cyberattacks.

Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors ...

The Strait of Hormuz is identified as one of the world's most critical oil chokepoints, with a staggering volume of oil ...

Brent crude futures rose 75 cents, or 1.1%, to $67.89 a barrel. U.S. West Texas Intermediate (WTI) crude gained 71 cents, or ...

Oil prices sank more than five percent Tuesday after Israel said it had agreed to US President Donald Trump's proposal for a bilateral ceasefire with Iran. Brent was down 5.2 percent at $67.75 per ...

Global shares rallied and the dollar extended declines on Tuesday after US President Donald Trump said Iran and Israel had agreed to a ceasefire, sending oil prices into a deep dive as concerns over ...

The U.S. attack on Iranian nuclear facilities Saturday night has raised the risk that oil prices surge into the triple digits, but experts say that’s still a remote possibility.