Oil set for steepest quarterly loss since 2020 as traders focus on US-Iran talks
Photo caption: Sunset clouds glow over pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau region, Kazakhstan, April 21, 2026.
Latest and breaking oil news from various energy sector around the world. Our news analysis covers Fossil fuels and alternative energy
Oil has been the world’s most important source of energy since mid-1950s. Its products underpin modern society, supplying energy to power industry, heat homes, fuels for vehicles and various means of transportation to carry goods and people all over the world.
For this reason, it is important we stay informed on one of our high-priced goods to ensure our resources are safe and secured.
