Brent crude added 0.9 per cent to US$84.32 a barrel as shipping through the vital waterway remained at a trickle, while US crude rose 0.7 per cent to US$78.74 a barrel.

NEW YORK, Aug 7 — Oil prices barreled higher again Thursday, extending their volatile run, while global stock markets had a mixed day ahead of key US employment data.With…

PERTH, Aug 10 : Oil prices rose on Monday as uncertainty continued over the reopening of the Strait of Hormuz as Iran said a deal with Oman defining new shipping lanes was in its…

Asian share markets followed Wall Street higher after a soft US jobs report. Oil prices increased slightly due to stalled Gulf peace talks and shipping lane concerns. Investors…