Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and pushing prices higher.

May macro data shows softening U.S. economy, with retail sales and industrial production both missing expectations. Click for more information on U.S. Economy.

Investing.com-- Oil prices fell slightly in Asian trade on Wednesday after clocking a strong run-up in the past two sessions as traders braced for potentially tighter crude suppli

Israel's attack on Iran and the U.S.'s rejection of tougher oil sanctions could boost Russia's revenues from its key export.

Middle East is causing a surge in oil prices, which may lead the South African Reserve Bank to reconsider its interest rate cuts. This article explores the implications of geopolitical tensions on inflation and monetary policy.

When the fuel climbed from US$14 to US$30 per ... “There are many other factors affecting the price of crude oil, including geopolitics and sudden increases in supply or demand,” he noted.