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On Thursday, the continued Houthi attacks on Saudi energy targets prompted a jump in oil prices, driving Brent futures upwards to nearly $113 by the m...
Oil prices climbed about 2% to a five-month high on Thursday after Houthi attacks in Saudi Arabia stoked concerns of further disruption to energy supplies from the key exporting region.Brent futures rose $2.42, or…
Citi said on Thursday that near-term risks to oil prices remain skewed to the upside despite a recovery in Gulf crude exports, as shipping bottlenecks continue to keep delivered supplies tight."The normalization of Arab…
Brent crude gained 3.2% to $112.27 per barrel. It has been bouncing between $97 and $112 in recent days on uncertainty about when the war with Iran will allow the global energy industry to…
Copper futures fell toward $6.40 per pound on Thursday, reaching their lowest level in five weeks as a global selloff in artificial intelligence stocks dampened sentiment toward the metal. Copper remains a key beneficia…
Oil prices rallied over $2 a barrel on Thursday after more Houthi attacks in Saudi Arabia stoked concerns over a broader escalation of conflict and further disruptions to crude supplies from the world's key…
Urals crude prices at Russia's Baltic and Black Sea ports fell to their lowest levels in one and a half months this week, according to Reuters monitoring and LSEG data, as the dated Brent…
Shippers say more stringent rules from the CBP and dwindling leverage with ocean carriers is making them feel under siege when it comes to moving freight in the eastbound trans-Pacific.
The Energy Department plans to loan 315,000 barrels from the 1 million barrel Northeast Home Heating Oil Reserve, according to a statement Oct. 21.
The price of Brent crude jumped 1.3% to $110.21 per barrel. A day earlier it rose to nearly $112, approaching its highest price since the war with Iran began in late February.
Carnival Corporation cut its annual profit forecast on Friday, as higher fuel costs pressure the cruise operator's margins amid rising geopolitical tensions.Att
Some of the world's top oil executives and energy ministers in Houston on Monday expressed growing concern over the long-term effects of the US-Israel war with
Europêche has called on the European Commission to adopt urgent measures to address the sharp rise in fuel prices that is placing severe pressure on fishing com
US President Donald Trump is considering easing oil sanctions on Russia and releasing emergency crude stockpiles as part of a package of options aimed at curbin
The Dutch front-month contract at the TTF hub, the benchmark price for Europe, hit its highest since early January 2023, jumping nearly 25 per cent to €66.50 per megawatt hour. By 10:01 GMT it was…
Oil prices surged about 20 per cent in early trade on Monday, hitting their highest since July 2022, as the expanding US-Israeli war with Iran fuelled fears of
Trump administration officials on Sunday defended a decision to temporarily lift some sanctions on Russian oil and predicted that a sharp increase in gasoline p
Brazil's state-run oil company Petrobras could distribute extra dividends this year if cash flow is high, as oil prices surge while its operations have so far b
President Donald Trump will review a set of policy options on Tuesday aimed at controlling energy prices during the escalating Middle East conflict, including a
Brent crude jumped 10 per cent to about $80 a barrel over the counter on Sunday, oil traders said. Analysts predicted that prices could climb as high as $100 af
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