Tag: Strait of Hormuz

Global crude oil prices fell on Monday as investors responded to renewed hopes of diplomatic engagement between the United States ...

Brent crude has risen above $100 per barrel as the escalating conflict between the United States and Iran threatens to ...

OPEC+ has paused its recent increase in oil production targets, keeping October output requirements unchanged for seven key members as ...

Oil prices continued to rise on Tuesday as hopes of a quick agreement between the United States and Iran weakened, ...

The United Arab Emirates’ state-owned oil company, ADNOC, has confirmed that one of its vessels was attacked while passing through ...

Nigeria’s fuel market is set for some relief after the Dangote Petroleum Refinery announced a fresh reduction in the prices ...

Brent crude settled at $90.12 a barrel on July 31, rising 1.2% on the day and capping a monthly gain ...

Saudi Arabia, Russia and five other major members of the OPEC+ alliance have agreed to increase oil production by 188,000 ...

The global energy market has faced serious challenges over the past five months due to tensions in the Middle East ...

Global financial markets came under renewed pressure on Wednesday after U.S. President Donald Trump declared the interim ceasefire agreement with ...