Why pressure is mounting at oil giant BP ahead of its annual general meeting
Oil giant BP is bracing for a possible shareholder revolt at its annual general meeting. It follows a contentious decision from BP's board to block a climate resolution and a recommendation from two proxy advisers to vote against the firm's wishes.
Oil prices spike after failed US-Iran peace talks and Trump's blockade of the Strait of Hormuz
Oil prices surged after the US and Iran failed to reach a deal during peace talks on Sunday. President Donald Trump said the US will enact a blockade of the Strait of Hormuz.
Stock-market futures drop, oil surges above $100 after failed talks between U.S. and Iran over the weekend
Stock-market futures were down Sunday evening, suggesting investors were bracing for a sharp drop in major indexes after weekend talks between the U.S. and Iran failed to open the Strait of Hormuz and led President Donald Trump to announce a blockade of the crucial waterway.
Oil bounces back above $100 after US, Iran talks end in stalemate
Oil prices jumped above $100 a barrel on Monday as the U.S. Navy prepared to blockade the Strait of Hormuz after talks between the U.S. and Iran failed to reach a deal to end the war.
Oil prices surge above $100 as U.S. Navy to blockade Iran's ports after peace talks fail
The U.S. military will implement a blockade of all Iranian ports starting Monday at 10 a.m. ET, according to U.S. Central Command.
Oil News: Crude Oil Futures Could Face Pressure as Fear Premium Fades
Crude oil futures plunge after ceasefire removes fear premium, but tight supply keeps oil outlook uncertain with volatile trade expected next week.
Oil prices struggle for gains ahead of talks between U.S. and Iran, with cease-fire on the line
A U.S. delegation is set for talks with Iran on Saturday as part of the cease-fire, however Israel has continued to attack Lebanon, endangering the agreement
First Light News: Markets on Edge Ahead of Weekend Peace Talks
The US March CPI report makes the airwaves today at 12:30 pm GMT and will be widely watched.
What this real-world oil price says about the level of stress in the energy market
Dated Brent is considered the real-world price tag of crude oil. The spot price of this benchmark rebounded on Thursday, as oil traders closely monitor a fragile ceasefire between the U.S. and Iran.
Oil edges higher as U.S.-Iran ceasefire fails to boost traffic via Strait of Hormuz
Oil prices inched higher as traffic through the Strait of Hormuz remains nearly standstill. Supply disruptions in Saudi Arabia have also raised production concerns.
Oil Rises Amid Ongoing Concerns Over Strait of Hormuz
Oil gained amid ongoing concerns over the Strait of Hormuz, a key waterway through which one-fifth of the world's oil is transported.
Hormuz Strait oil traffic way down after ceasefire; Hassett says even one tanker is big deal
Top Trump economic advisor Kevin Hassett said even one oil tanker passing through the Strait of Hormuz would provide a "huge chunk of what's missing." But traffic through the key shipping route remains tightly throttled, despite the U.S. and Iran reaching a fragile ceasefire that ostensibly involves reopening the strait.
