As tensions rise in the Middle East, oil prices have jumped significantly this June, raising concerns over inflation and ...

Israel's strikes on key points of Iran's energy infrastructure have disrupted the stability of global oil and gas supply and ...

While oil-importing countries won’t fully escape a hit in the event of another energy price shock on Middle East tensions, a ...

Global oil demand will fall slightly in 2030, its first drop since the 2020 Covid pandemic, the International Energy Agency said Tuesday.

While oil-importing countries won't fully escape a hit in the event of another energy price shock on Middle East tensions, a ...

Additionally, the recent OPEC+ meeting reinforced bullish sentiments by approving a modest production increase of only ...

"The biggest fear for the oil market is the shutdown of the Strait of Hormuz," said analysts at ING, in a note. "This could impact oil flows from the Persian Gulf. Almost a third of global seaborne ...

Shares of crude oil sensitive sectors like OMCs, aviation, paints, and tyres fell sharply on Friday following a surge in ...

U.K. oil prices have risen 7% amid growing geopolitical tensions, bringing prices back to levels seen at the start of 2024, according to Deutsche Bank (ETR: DBKGn ...

Oil prices jumped and stocks mostly fell Tuesday after US President Donald Trump abruptly departed G7 talks to monitor the ...

Richard Yetsenga, Group Chief Economist at ANZ Research, shared his insights on oil, trade, and the geopolitical forces ...

Oil prices have sustained an upward rally as Brent Crude hit $76.10 per barrel, raising hope for higher reserves accretion, stable naira and elevated dollar liquidity, Daily Trust can report.The ...