Domestic energy companies could benefit from high oil prices in the short-term, but take a hit if the Iran war drags on.

Oil prices surged in early trade today as Brent crude prices surged toward a high near the $114/barrel mark. The rally was triggered by a dangerous escalation in Middle Eastern hostilities.

Iranian strikes on Shell and Exxon facilities in Qatar and Saudi Arabia pushed oil prices to $109/barrel. Trump warned of retaliation over LNG plant attacks.

Gas prices soar as Shell plant damaged in attack on Qatar energy site - British energy giant Shell said the attack caused ...

Brent crude surges past $104 as Strait of Hormuz shipping halts. JPMorgan favors Shell, Eni, TotalEnergies, and Galp in $100+ ...

Brent crude oil prices shot up as the US and Israeli war against Iran disrupted oil supplies in the Middle East. CNN’s Word of the Week asks: How did the benchmark barrel of oil get the name “Brent”?

By Stephanie Kelly and Sheila Dang LONDON/HOUSTON, March 9 (Reuters) - Oil prices on Monday climbed to the highest level since 2022, but shares of major producers like Shell and Exxon Mobil have so ...

Iran hit a Saudi refinery on the Red Sea and set Qatari liquefied natural gas facilities and two Kuwaiti oil refineries ablaze, sending international oil and gas prices soaring Thursday. The strikes ...

U.S. shale producers could earn an extra $63.4?billion in 2026 if WTI Crude averages $100/barrel, benefiting those without ...

Oil and gas prices have surged after Israel struck Iran’s South Pars gas field, the largest in the world, prompting retaliatory attacks across the region ...

Transport companies’ profit margins take a hit while developed and emerging markets in Asia-Pacific face spillovers Read more ...

Missile strikes on QatarEnergy's Ras Laffan hub, home to Shell, ExxonMobil and Chevron operations, have left the world bracing for yet more price shocks ...