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GLOBAL OIL PRICES IMPACT
Global Market: Eurozone bond yields edge higher after Fed rate hikeThe eurozone bond yields edged higher after the Federal Reserve raised interest rates and signalled further tightening. German short-term y...
Oil Price Today (September 17): Crude oil falls below $105 even as Middle East tensions simmer. Here’s whyCrude Oil Price Today : Brent crude futures fell $1.25, or 1.22%, to $104.62 a barrel, while U.S. West Texas Intermediate futures declined ...
India considers cutting vegetable oil import taxes as prices climbIndia is considering lowering import taxes on vegetable oils. This move aims to curb rising food inflation ahead of festival season. Lower ...
Global Market: Japan’s Nikkei flat as investors await Fed, BOJ decisionsJapan’s Nikkei was largely flat on Wednesday as investors stayed cautious ahead of interest-rate decisions from the US Federal Reserve and ...
Saudi Arabia runs out of oil export routes as pipeline shuts, Hormuz blockedSaudi Arabia's oil exports face growing challenges after attacks closed a key pipeline. Iran and its allies have tightened their grip on vi...
Oil Price Today (September 15): Crude oil rises to $107 as Saudi energy infra attacks raise supply fears. What are experts saying?Crude Oil Price : On Tuesday, oil prices experienced a significant rise as assaults on Saudi energy infrastructure intensified. The key Eas...
Oil prices rise as Saudi pipeline outage, fresh attacks raise supply concernsOil prices increased as attacks on Saudi energy infrastructure persisted. The kingdom's East-West pipeline remains offline, impacting globa...
What the closure of Saudi Arabia's East-West pipeline means for oil flowsSaudi Arabia closed a major oil pipeline after a drone attack, raising global energy shortage fears. This closure threatens to remove milli...
Global Market: European shares subdued as tech stocks slide, oil prices surgeEuropean shares traded subdued as technology stocks slid on concerns over the pace of artificial intelligence development, while a sharp ri...
Oil prices jump more than 2% after new strikes on Saudi, Strait of HormuzOil prices jumped over two percent on Monday, driven by fresh attacks from Houthi militants and Iranian forces. This escalation has heighte...
Charting the global economy: Oil surge fans global inflationIn the US, hotter-than-expected consumer inflation and the biggest monthly increase in producer prices since May bolstered the case for a F...
IEA slashes oil demand forecast as prices surgeThe International Energy Agency on Friday further reduced its forecast for global oil demand this year, citing the recent escalation in the...
Global bond yields surge as oil spike fuels inflation fearsGlobal bond yields reached multi-year highs as oil prices surged, increasing inflation worries. Share markets tumbled worldwide on Friday d...
OPEC further lowers 2026 global oil demand growth forecastOPEC has lowered its 2026 oil demand growth forecast to 380,000 barrels daily. This marks the fifth consecutive downward revision for the p...
Global Market: European shares edge higher ahead of ECB rate decisionEuropean shares edged higher after their sharpest one-day decline in two months, as investors awaited an expected ECB rate hike and Christi...
Trump says oil prices that spiked because of Iran war likely won't come down until after midtermsUS President Trump believes oil prices will decrease after the upcoming US midterm elections. He suggests Iran's actions aim to influence t...
India adds new crude suppliers, but Russia-led 5 countries retain grip on oil importsIndia expanded its crude sourcing to 31 countries during the six-month Iran war, but supply concentration increased sharply as Russia’s sha...