US oil prices collapsed below $87 as WTI crude dropped nearly 3% after President Trump canceled planned Iran strikes. The move reversed a war-driven rally as diplomatic back-channel talks between ...

The price of oil rose sharply after Iran reportedly cut off talks with the United States to the war. Crude oil jumped to levels not seen since mid-May.

Russia's oil export revenues, measured in rubles, have plunged 50% this year, according to Goldman Sachs.

The cost of shipping Middle East crude to customers in Asia collapsed on Thursday, the latest sign of oil markets returning to normal after conflict eased in the world’s top petroleum-exporting region ...

Get a 10-Day Free Trial of Market Insiders: . . Subscribe to our FREE Finance & Business Newsletter Financial News You Can Finally Use: For the first time in history, oil prices went negative. That ...

Oil rose back above $100 a barrel and Asian equities fell, as the collapse of the U.S.-Iran peace talks poured cold water on hopes of an end to the fighting that has roiled markets, threatening to ...