A wave of relief swept through the markets on Monday, driven by hopes of a potential agreement between the United States and Iran to bring a...
Asian markets declined amid cautious optimism about Middle East ceasefires, diverging from Wall Street's record highs. U.S. President Trump noted potential progress in negotiations but left...
WTI crude plunged by 15.40% this Wednesday to $95.55 per barrel, while North Sea Brent dropped by 15.03% to $92.85.
The equity market remains dependent on how the conflict in the Middle East evolves. Three scenarios are anticipated, depending on the duration and intensity of the...
Iran and Oman are drafting a protocol to monitor tanker traffic through the Strait of Hormuz, aiming to ensure safe passage amid ongoing conflict in the...
European stocks are set to rebound significantly after a poor March, driven by President Trump's announcement on U.S. military withdrawal from Iran. Corporate updates, particularly Vestas'...
The Council conducted hearings with the main players in the diesel and gasoline distribution market in order to examine the consistency and the level of correlation...
By midday Monday, the price of a barrel of North Sea Brent crude for May delivery had fallen by 9.63% to $101.39.
The released stocks, amounting to 400 million barrels, will be “mostly crude oil, while contributions in Europe will primarily take the form of refined products,” the...
With the aim of countering the harmful effects of the Russia–Ukraine conflict on purchasing power, the government had put in place a significant cushioning mechanism. A...