Risks to oil prices are firmly skewed higher amid plunging global oil inventories in the worst supply disruption in history, according to Barclays. The investment bank on Friday kept its $100 per barrel Brent forecast for 2026, but warned that the risks are skewed to the upside as the closure of the Strait of Hormuz has been
Barclays warns of upside risk to its $100 oil price forecast for 2026 Read More »
Oil prices jumped Thursday on a report that Iran’s supreme leader will not allow the country’s enriched uranium to be shipped abroad, a position that will likely complicate peace talks with the U.S. U.S. crude oil rose nearly 4% to $101.96 per barrel by 9:15 a.m. ET. International benchmark Brent crude advanced about 3% to
The U.S. stock market bounced back after pressure eased on Wall Street from the bond market and oil prices gave back some of their big gains The U.S. stock market bounced back after pressure eased on Wall Street from the bond market and oil prices gave back some of their big gains. The S&P 500
How major US stock indexes fared Wednesday 5/20/2026 Read More »
Nigerian airlines, including Air Peace, United Nigeria Airlines, and Ibom Air, have increased their base economy fares on major domestic routes to above ₦200,000, marking the highest ticket prices seen in recent months. The sharp rise comes as aviation fuel (Jet A1) prices remain elevated, hovering between ₦1,900 and ₦2,000 per litre, despite attempts by
Domestic Flight Fares in Nigeria Rise Above N200,000 Read More »
Jet Fuel Still Above N2,000 Despite Dangote Price Cut Despite the Dangote Refinery’s reduction of Jet A1 price to ₦1,650 per litre, aviation fuel continues to sell at ₦1,900–₦2,000 per litre across Nigeria, checks by Daily Trust revealed. The refinery announced the cut on Monday, alongside a 30-day interest-free credit facility backed by bank guarantees
Jet Fuel Still Above N2,000 Despite Dangote Price Cut Read More »
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Oil prices slip after Trump says US will end Iran war ‘very quickly’ Read More »
Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics and later completed an Executive MBA in Energy Transition at the University of Groningen.… More Info Set us as your preferred Google source Premium Content By Tom Kool – May 19, 2026, 10:18 AM CDT Oil prices steadied near $110 as Trump
Oil Holds Near $110 After Trump Delays Iran Strike Read More »
A dog is walked beside the water as an oil rig is seen through the mist, on the Cromarty Firth on the north-east coast of Scotland on April 24, 2026. — AFP US futures reverse early gains, European futures edge higher. Bond selloff abates as oil prices ease. Dollar back at 159 yen, traders on
Asian shares mixed, bonds recover as oil eases on Trump’s Iran comments Read More »
Pedestrians stand in front of an electronic quotation board displaying the Nikkei Stock Average on the Tokyo Stock Exchange along a street in Tokyo on March 23, 2026. Kazuhiro Nogi | Afp | Getty Images Asia-Pacific markets traded mixed Tuesday as oil prices, while elevated, eased slightly following news that President Donald Trump was postponing a scheduled
Asia markets trade broadly higher as oil eases after Trump delays planned Iran strike Read More »
Synopsis With the West Asia conflict persisting and global oil prices likely to average around USD 100/bbl, India’s current account deficit could rise meaningfully this year, ICICI Bank Global Markets warns. While resilient services exports should offer some cushion, the brokerage expects the current account deficit (CAD) to settle between 1.5-2 per cent of GDP,
