NEW YORK (AP) — Financial markets churned on Friday as investors tried to figure out what President Donald Trump’s new nominee to lead the Federal Reserve will mean for interest rates. U.S. stocks fell, with the S&P 500 down 0.4% after sinking as much as 1.1% earlier in the day. The Dow Jones Industrial Average […]
Asian shares slip after Wall Street settles following dramatic swings Read More »
Crude oil price rose to $68 per barrel on Thursday, the highest since September 2025. Brent crude, the global oil benchmark, rose by 2.24 percent to $68.88 at 12.40 WAT, while US West Texas Intermediate rose by 1.9 percent to $64.41 a barrel. According to Reuters, oil prices are climbing due to growing fears that
Oil Price Rises to $68 per Barrel, Highest in Four Months Read More »
Riyadh Mohammed Over the past 20 years, Trinidad and Tobago’s agriculture sector has stagnated and declined, with its GDP contribution falling below 1 per cent in recent years as the energy sector has taken centre stage. In the midst of declining oil prices in 2015, the Government pushed for diversification, but problems including low production,
Accessing agricultural finance and insurance in TT Read More »
By Alex Kimani – Jan 28, 2026, 6:00 PM CST Last year, the energy sector emerged as one of the notable laggards in an otherwise red-hot U.S. stock market. The sector notched a respectable, but below-market, return of 7.9%, falling to match the 16.4% gain by the S&P 500 in large part due to a
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Crude oil prices rose Wednesday, after President Donald Trump warned Iran that a “massive Armada” is heading in its direction and time is running out to make a deal on its nuclear program. Global benchmark Brent rose 83 cents, or 1.23%, to close at $68.40 per barrel. U.S. crude oil gained 82 cents, or 1.31%,
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Oil drilling rigs Oil prices rose on Friday, heading toward weekly gains, after US President Donald Trump renewed his threats against Iran, raising concerns over potential military action that could disrupt supplies. Brent crude futures for March delivery climbed about 0.75%, or 47 cents, to USD 64.53 a barrel as of 09:18 am KSA time.
Oil prices on track for weekly rise Read More »
Synopsis Venezuelan crude: IOCL’s Sahney said that stable global crude oil prices and India’s strong economic growth are creating a favourable environment for both oil producers and consumers, while underlining the company’s long-term focus on cleaner forms of energy. ANI IOCL Chairman A S Sahney Davos: Chairman of Indian Oil Corporation Ltd (IOCL), A S
“We can process Venezuelan crude if made available”: IOCL Chairman says at Davos Read More »
Synopsis Crude oil prices dipped on Wednesday, with West Texas Intermediate falling as geopolitical tensions and anticipated U.S. inventory builds overshadowed a temporary output halt in Kazakhstan. Despite a brief rally on strong China data and the Kazakh field shutdowns, broader market pressures are expected to persist, impacting global oil markets. ETMarkets.com West Texas Intermediate
WTI oil prices fall as risks from Kazakh production halt subside Read More »
By Irina Slav – Jan 17, 2026, 6:00 PM CST Oil prices are retreating after a geopolitics-driven spike, as the glut narrative regains control. Rising inventories, sanctioned crude weighing on tanker data, and new Venezuelan barrels reinforce oversupply fears. Geopolitical risks still lurk, from Iranian unrest to drone attacks near key export routes, but so
Oil’s Problem Isn’t Iran or Russia — It’s Too Much Oil Read More »
Oil drilling rigs Oil prices settled higher on Friday, as markets remained focused on supply risks despite easing geopolitical tensions related to Iran. Brent crude futures for March delivery gained 0.58%, or 37 cents, to settle at $64.13 a barrel, extending weekly gains to 1.25%. Meanwhile, US WTI futures for February delivery rose 0.42%, or
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