Search
89 results for Oil
HOUSTON: Oil prices rose by more than $3 a barrel on Thursday on news that an Iranian parliament committee is reviewing a bill that would ban US and Israeli vessels from the Strait of Hormuz and fine violators up to a fifth of the value of
U.S. markets hovered near record territory as oil volatility, high Treasury yields and July inflation data kept investors cautious.
Oil has climbed above $95 a barrel for the first time in six weeks as renewed conflict around key shipping routes raises fears of fresh global supply disruption
Pakistan imported a record 3.482 million tonnes of palm oil worth $3.785 billion in FY26, compared to 3.214 million tonnes worth $3.4 billion in FY25, according to Pakistan Bureau of Statistics data.
Oil prices moved higher as U.S.-Iran diplomacy stalled and reduced traffic through the Strait of Hormuz renewed concern about global energy supplies.
Oil markets turned higher after reported attacks in the Red Sea and a fire near the Strait of Hormuz renewed concern about shipments moving through a vital energy
Oil prices edged higher for a third straight session as stalled peace prospects around Iran and the Strait of Hormuz kept traders focused on supply risks
Oil prices rose on Friday after US President Donald Trump warned that countries trading with Iran could face additional economic sanctions, adding a fresh layer of uncertainty to already tense global energy markets
An oil stockpile warning is putting airlines, retailers and consumers back on inflation watch as higher fuel costs threaten to move from energy markets into ticket prices and delivery charges. The story is
Asian markets rose as South Korea's chip-heavy Kospi jumped, while oil gains kept inflation and rate worries alive.
Federal Reserve rate patience is facing a new test as oil prices, inflation expectations and mixed market signals overlap before the next policy meeting. It is the kind of update that people search for because
Consultation ending on controversial Rosebank oil is among the latest top updates found in Novexa News' active RSS feeds, and it has enough public interest to merit a fuller, human-readable article rather than a bare
Oil price nerves have returned for businesses that were hoping fuel costs would settle, with shipping risks and Middle East tension complicating planning again. It is the kind of update that people search for
Brent crude fell sharply as traders responded to a pause in hostilities between the US and Iran, while AstraZeneca’s chief called for faster drug innovation
Venezuela has signed energy agreements with Chevron and Eni as Caracas seeks new investment, higher oil output and power-sector recovery.
The FAO Food Price Index edged higher in July as disruption and difficult weather lifted wheat, sugar and vegetable-oil quotations.
Crude has returned to the $100 mark for the first time since May, as traders weigh escalating conflict risks spanning the Persian Gulf and the Red Sea.
ExxonMobil and Chevron reported combined second-quarter profits of $26.5 billion as conflict-driven oil prices lifted producer earnings and increased costs for motorists.
KARACHI: The Pakistan Stock Exchange (PSX) on Wednesday attracted aggressive buying interest amid falling oil prices and easing geopolitical tensions, propelling the benchmark KSE-100 index above the 180,000-point level, reflecting improvin
Pakistan enters FY2027 with stronger reserves and remittances, but renewed Middle East conflict and volatile oil prices threaten inflation and the trade balance.
A leading thinktank says higher oil prices and inflation linked to the Iran war could leave the UK facing hard choices at the next autumn budget
BP placed its North Sea operation under review for a potential sale, arguing that another owner may be better positioned to invest in the mature UK portfolio.
Fresh explosions reported in several Iranian cities as Washington and Tehran trade threats, while Houthis are said to have targeted two Saudi oil
Production at Rosebank, the UK's biggest undeveloped oil and gas field, could be delayed for months after equipment was accidentally dropped into the sea, as the government weighs granting a licence.