Just how much should investors worry about high oil prices? Amid the ongoing Middle East conflict, it is not surprising that investors are focused on energy prices, given that these remain the main channel to global financial markets. Many have been surprised, though, by the uneven impact across different markets. For example, many Asian equities […]
Why USD 100 oil isn’t the economy killer it used to be Read More »
The Dangote Petroleum Refinery & Petrochemicals has slashed the ex-gantry price of Premium Motor Spirit (petrol) to N1,200 per litre, reversing its earlier increase amid a sharp drop in global crude oil prices triggered by geopolitical developments. The latest adjustment represents a N75 reduction from the previous price of about N1,275 per litre, which the
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AFP | Published 7 hours ago Oil prices plunged on Wednesday while stocks rallied after the United States and Iran agreed to a two-week ceasefire that will see Tehran temporarily reopen the vital Strait of Hormuz. With Donald Trump’s deadline approaching for the Islamic Republic to reopen the waterway or face obliteration, he announced a
Oil prices plunge, stocks rally as US and Iran agree to a ceasefire Read More »
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Bessent makes stunning claim about Iran and its oil Read More »
Speaking at a youth event in the coastal city of Mbour, Prime Minister Ousmane Sonko pointed to the escalating prices of oil to justify the measure. Sonko said he had canceled his own planned trips to Niger, Spain and France, Reuters reported, in an effort to cut costs. Oil prices have edged close to $115
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What is US stock market prediction for Monday, and will Dow Jones, S&P 500 and Nasdaq stay in red or turn green again? U.S. stocks ended mixed on Thursday as investors balanced geopolitical risks, corporate earnings, and market trends ahead of the Good Friday holiday. Diplomatic developments between Iran and Oman helped reduce concerns about
Global oil prices spiked on Thursday, rising over 5% after U.S. President Donald Trump hinted at increased military action against Iran. This raised concerns about a long-lasting conflict and possible disruptions to global energy supply. The increase in prices reflects growing geopolitical risks in the Middle East, a vital area for global crude production and
Oil Prices Jump Over 5% After Trump Threatens to Hit Iran Hard Read More »
Chinese airlines are mulling the introduction of higher fuel surcharges, as authorities strive to balance the impact of surging oil prices with the need to preserve airline margins and at the same time avoid dampening consumer demand. Although a formal announcement from the national regulator is pending, at least two domestic airlines released notices on
Eyes on Chinese airline regulator as it seeks difficult balance on fuel surcharge rises Read More »
Alberta Finance Minister Nate Horner takes media questions before delivering Budget 2026 at the Queen Elizabeth II Building in Edmonton on Feb. 26, 2026. Photo by Shaughn Butts /Postmedia Article content Alberta’s finance minister says the province’s books are likely to remain in the red for the fiscal year that concluded Tuesday, though several weeks
‘Highly unlikely’ oil prices overturn 2025-’26 Alberta deficit: finance minister Read More »
NEW YORK — Stocks are climbing worldwide, and oil prices are easing as hopes build that the war with Iran could end soon. The S&P 500 rose 0.6% Wednesday and added to its leap from the day before, which was its best since last spring. That followed even bigger gains across Europe and Asia, including
