Oil prices crashed below $88 after reports said a US-Iran draft agreement gained preliminary acceptance in Washington. Brent crude fell near $91, while WTI crude dropped below $88. Markets are now pricing peace instead of conflict.

Oil exports from the United States have risen dramatically, leaving U.S. reserves at a worryingly low level.

The S&P 500 rose 0.4% for its 10th gain in the last 11 days, a day after dropping from its all-time high. The Dow Jones Industrial Average soared 874 points, or 1.7%, to a record, and the Nasdaq composite slipped 0.1%.

The geopolitical conflict in the Middle East has upended the oil market. Oil prices have risen to $100 per barrel and have been swinging dramatically from day to day, driven by news flow and investor sentiment. This is actually pretty normal for the energy ...

A ceasefire announcement regarding the conflict in Iran caused crude oil prices to drop from over $110 a barrel to the $90s. Experts at AAA Arizona and ASU warn that while relief at the pump may take several days, the market remains volatile and prices are ...

Oil prices may rise in the next two months as crude inventories fall due to the U.S.-Iran war, Chevron CEO Mike Wirth and Exxon senior vice president Neil Chapm