The price isn’t right: Why often-quoted benchmark oil prices can be deceptive during supply crises

The highest Brent crude has traded at since the West Asia war began is about $119 per barrel. But in reality, refiners in ...

Iran war puts Middle East Dubai oil benchmark under stress as prices soar

SINGAPORE/LONDON, April 1 (Reuters) - The halting of oil exports through the Strait of Hormuz has left the Dubai Middle East ...