By Irina Slav – Aug 28, 2026, 12:15 AM CDT Crude oil prices were on course to book another weekly loss despite no sign of any progress being made towards peace between Iran and the United States. At the time of writing, Brent crude was trading at $89.17 per barrel, with West Texas Intermediate at
Oil Prices Head for a Weekly Loss Despite Escalating Iran Tensions Read More »
There is little for retailers to cheer about in the latest survey on consumer confidence. The ANZ Roy-Morgan consumer confidence survey for August has fallen a point to a below par reading of 98. A reading below 100 means there are more pessimists than optimists. Ninety-eight is, however, still 18 points up on the April
Consumer confidence slips back on oil price uncertainty Read More »
Mate Rimac, executive director of Bugatti Rimac, in a conversation with CNBC, estimated that sports and luxury cars with internal combustion engines will survive for a very long time. Rimac compares such a future to the watch industry. Most people today check the time on a mobile phone or a cheap “smart watch”, but the
Mate Rimac Believes That The Future Of Sports Cars Lies In Gasoline, Not Electricity Read More »
Despite a recent decline in international oil prices, motorists in Pakistan may have to wait before seeing any significant reduction in petrol prices. While some global benchmarks have fallen below the $80-per-barrel mark, domestic fuel prices remain under pressure from several other cost factors that influence the final price at the pump. Brent crude recently
Govt Doesn’t Want to Reduce Petrol Prices as Global Oil Prices Fall Under $80 Read More »
Oil tanks US commercial oil inventories rose slightly during the week ending August 21, according to data released Wednesday by the US Energy Information Administration (EIA), while derivatives stockpiles moved down. This is the fourth successive rise in the US crude stockpile. However, it is below the US Petroleum Institute’s estimates of a rise by
US crude oil inventories inch higher, gasoline down Read More »
We use cookies and data, including IP addresses, to Deliver and maintain Google services Track outages and protect against spam, fraud, and abuse Measure audience engagement and site statistics to understand how our services are used and enhance the quality of those services If you choose to “Accept all,” we will also use cookies and
Iran and Oman prepare Hormuz deal as U.S. holds back on secondary sanctions Read More »
Oil prices fell 2% as Iran and Oman resumed talks on a temporary Strait of Hormuz shipping corridor. The post Oil Falls Near 3% as Iran, Oman Restart Hormuz Corridor Talks appeared first on BeInCrypto… https://beincrypto.com/oil-falls-iran-oman-hormuz-talks/
Oil Falls Near 3% as Iran, Oman Restart Hormuz Corridor Talks Read More »
Please enable JS and disable any ad blocker https://www.marketwatch.com/story/oil-trades-lower-even-as-bessent-promises-economic-d-day-announcement-on-iran-a90d862e?mod=mw_rss_topstories
Oil prices fell on Monday as investors braced for details of a US plan to isolate the Iranian economy that President Donald Trump billed as the “most crushing” financial operation ever against Tehran. The United States warned allies and China on Thursday to join Trump’s new campaign, which comes as the unpopular war in the
Oil prices slide as markets await Trump’s ‘most crushing’ Iran sanctions plan Read More »
Drone view of oil tanker HELGA berthed at one of Iraq’s southern offshore oil terminals near Basra as it prepares to load crude oil, becoming the second vessel to arrive since the closure of the Strait of Hormuz, April 24, 2026. Mohammed Aty | Reuters Oil prices fell Monday as investors awaited details of what
Oil prices fall as investors await ‘toughest’ U.S. sanctions on Iran Read More »
