Oil prices plunge 11% after Iran says Strait of Hormuz is open for commercial vessels
The S&P 500 and the Nasdaq both hit record highs. But questions remain about how the strait will be administered,…
Middle East
Oil Prices Surge After U.S. Seizes Iranian Vessel Near Hormuz
Oil prices climbed sharply in early Asian trade on Monday, as the U.S. Navy intercepted an Iranian vessel it accused…
North America
Oil Prices Steady as Traders Balance Diplomatic Progress With Physical Shortages
Oil prices were flat in early Asian trade on Thursday as tentative signs of diplomatic progress between Washington and Tehran…
International
TotalEnergies CEO Expects Oil Price Improvement in 2026
Oil prices should improve next year, driven by healthy demand, TotalEnergies’ chief executive Patrick Pouyanne told Bloomberg, noting that a…
International
Global oil prices dropping to $40-50 to reduce Russia’s revenues significantly – expert’s opinion
With the OPEC’s new policy, decreasing oil prices to USD 40-50 per barrel of Brent crude oil will significantly limit…
International
Equinor rattled by falling oil prices and $1bn US hit
Norwegian energy company Equinor saw its profits slide as it unveiled a near $1bn writedown to its wind assets in…
International
Iran Attack Sparks Volatile Oil Price Forecast
The recent Iranian strike on a US military base has sent ripples through the global oil market, yet the immediate…
International
Iran Retaliation at Sea: The Volatile Impact on Global Oil Prices
Recent geopolitical tensions, particularly those following reported strikes on Iranian nuclear facilities, have sharply brought into focus the potential for…
International
Oil Prices Rise on Eased Trade Tensions
Oil and most other commodities powered higher, while gold fell, after China and the US ratcheted down trade tensions that…
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