Oil prices rose on Wednesday after US President Donald Trump denied he would be willing to ease sanctions on Iran while Qatar pushed for peace talks, after falling in the previous session on a recovery in crude supply from the Middle East. The Brent futures November contract, which is expiring on Wednesday, rose 71 cents,
Oil gains after Donald Trump denies he is willing to ease sanctions on Iran Read More »
More than half of the African economies tracked recorded lower inflation last month, extending the continent’s broadening disinflation trend, but a renewed surge in global oil prices above $100 per barrel is threatening to reverse some of those gains. Nine of 16 economies recorded lower annual inflation in August than in July, compared with eight
Rising oil prices threaten Africa’s disinflation gains Read More »
By Alex Kimani – Sep 28, 2026, 5:00 PM CDT Oil prices rebounded on renewed U.S.-Iran escalation fears, with Brent climbing above $106 as diplomatic efforts produced little concrete progress. Speculative positioning is already extremely bullish, with Standard Chartered warning that further gains will require a fresh physical supply shock rather than more momentum buying.
Standard Chartered: Record CTA Long Bets Are Capping Oil’s Upside Read More »
NEW DELHI, India, September 28, 2026, ZEX PR WIRE — Indian equities moved lower on Monday, September 28, as renewed uncertainty around the US Iran conflict pushed crude oil prices higher and added pressure to markets already dealing with elevated inflation and borrowing cost concerns. The Nifty 50 and Sensex both opened lower, while the broader
Indian Stocks Slide as Oil Surges Above $106 and Iran Talks Stall Read More »
Michael Pistillo works on the floor at the New York Stock Exchange in New York, Monday, Sep 14, 2026. (Photo: AP/Seth Wenig) NEW YORK: Oil prices fell again Tuesday (Sep 22) as markets focused on the potential upside of renewed US-Iran diplomatic engagement while shrugging off a bellicose address by US President Trump at the
Oil prices retreat as markets welcome US-Iran talks Read More »
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How is the EU responding to record fuel prices? Read More »
It could be much worse. When President Donald Trump launched his war against Iran in late February, energy analysts issued dire warnings that oil prices could more than double during a protracted conflict and urged investors and motorists to buckle up for a bumpy ride. The war grinds on and oil prices certainly remain volatile. But the most dire projections have not yet
TLDR The Dow fell 0.2% Friday and posted its third straight weekly decline. The S&P 500 rose 0.2%, while the Nasdaq gained 0.4%. The 10-year Treasury yield ended the week just below 5%. The Federal Reserve raised interest rates by 25 basis points this week. Oil prices fell back below $100 while semiconductor stocks recovered
Dow Posts Third Straight Weekly Loss as Treasury Yield Nears 5% Read More »
Oil drilling rigs Oil prices fell for a third consecutive session during trading today, Sept. 18, with Brent crude on track to post its first weekly loss in three weeks as markets assessed the outlook for the conflict in the Middle East. Iranian state media reported early today that the naval force of the Islamic
Brent crude deepens losses, falls 2% Read More »
The Federal Government and the Nigerian National Petroleum Company Limited (NNPCL) have been urged to revive the government-owned refineries as rising crude oil prices continue to put pressure on the cost of petroleum products and worsen the burden on households and businesses. An energy expert and lecturer at Ignatius Ajuru University of Education, Port Harcourt,
FG, NNPCL urged to revive govt-owned refineries to tackle rising oil prices Read More »
