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Global oil prices have fallen sharply in recent weeks. Brent crude has dropped around 12% from recent highs and was trading near $84 per barrel in late July 2026. This decline raised hopes for cheaper fuel in many countries. In Pakistan, however, consumers have seen little benefit so far. On July 29, the government slightly
Still Waiting! Oil Prices Fall 12% Worldwide, No Relief for Pakistan Yet Read More »
Eni’s profits rose five-fold in the second quarter of 2026 as it became the latest energy firm to cash in on soaring oil prices during the conflict in the Middle East. Eni earned €3.3 billion in the quarter, well above analysts’ expectations, the company said on Wednesday. Revenue rose by 30 percent to €24.4 billion,
Italian energy giant Eni reports soaring profits as oil prices rise Read More »
Wall Street is mixed before the opening bell Wednesday and oil prices jumped more than 4% after Jordan and the U.S. knocked down another Iranian missile barrage launched against American forces in the Middle East. Oil prices — which had eased from last week’s the two-month high — rebounded as a brief pause in fighting
Oil prices rose more than $3 a barrel on Wednesday after joint strikes in Iraq by the United States and Saudi Arabia, and the interception of Iran’s ballistic missiles aimed at U.S. forces in the Middle East, while U.S. crude inventories shrank. Brent futures increased by $3.30, or 3.9%, to $87.39 a barrel by 0300
Oil rises as US-Iran tension escalates after Iraq strikes, missile attack Read More »
Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Set us as your preferred Google source Premium Content By Simon Watkins – Jul 28, 2026, 12:00 PM CDT The U.S. has signed a landmark civilian
Why Did Trump Just Give Saudi Arabia the Fast Track to a Nuclear Weapon? Read More »
TLDR Semiconductor stocks including Nvidia and AMD fell as investors questioned AI valuations Nvidia may help finance OpenAI’s $250 billion AI data centre project Coca-Cola beat earnings expectations with strong global demand PayPal topped Wall Street estimates with growth in payment volumes and profitability Falling oil prices eased inflation concerns and lifted broader market sentiment
Today’s Top Stories: Nvidia, Coca-Cola, PayPal and Falling Oil Prices Read More »
Global oil prices recorded their biggest one-day decline since 8 April after fighting between the United States and Iran paused, easing concerns over disruptions to global energy supplies. According to CNN, Brent crude settled at $85.87 a barrel, down 11.3 percent, while US crude fell about 7 percent to $82.61 a barrel. US President Donald
Oil prices post biggest drop since April as US and Iran pause fighting Read More »
Brent oil prices have experienced a 1% decline, with futures around $70.64 to $70.82 per barrel. This decrease is part of a broader trend of falling prices since late April, when Brent was above $126 per barrel. The decline reflects a significant reversal from the wartime spike observed earlier this year. Analysts have attributed the
Brent oil prices fall 1% amid EV adoption, potential surplus: IEA Read More »
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