Stocks stabilised in Asia on Tuesday after last week’s tech-led rollercoaster ride as investors tracked a record day on Wall Street, while oil prices edged up after their recent plunge with Donald Trump and Iran giving conflicting views on peace talks. South Korea’s Kospi swung between gains and losses, with chip giants SK hynix and […]
Stocks mixed as Seoul stabilises, oil prices rise with eyes on Mideast 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
Wall Street rallies, Dow closes at record on Iran talks optimism Read More »
News Investigators/ Some Abuja residents have commended the Dangote Petroleum Refinery for reducing the ex-depot price of Premium Motor Spirit, otherwise known as petrol, from N1,330 per litre to between N1,265 and N1,300 per litre. The reduction came after nearly two weeks of fuel price increases driven by volatility in global crude oil prices. The
Abuja Residents Laud Dangote Refinery Petrol Price Cut Read More »
By Charles Kennedy – Aug 03, 2026, 12:30 PM CDT President Donald Trump demanded that U.S. oil companies immediately lower gasoline prices on Monday after crude futures plunged following his decision to suspend another planned military strike on Iran. In a Truth Social post, Trump instructed producers to “get your consumer (retail!) Oil Prices DOWN,
Trump Orders Oil Companies to Cut Gas Prices, Targets Chevron CEO Read More »
Monday 03 August 2026 2:21 pm Trump and Iran have clashed over negotiations claims. (Image: PA) The price of oil has drifted lower after Donald Trump called off strikes on Iran but progress towards a finalised peace deal continues to stall as the President clashes with Iran’s leadership. Brent crude – the international benchmark for
Oil price falls but Trump and Iran clash on negotiations claim Read More »
MEXICO CITY — Mexico has been a major oil producer for more than a century, but its lack of refining capacity creates a quandary: The country must import much of its gasoline and diesel from the United States. That’s a boon for U.S. refineries and related industries on both sides of the border, but U.S. and Mexican
Contraband fuel: Smuggling gasoline into Mexico earns cartels millions Read More »
Oil drilling rigs Oil prices fell sharply in Monday trading after US President Donald Trump postponed a new military strike on Iran in a bid to reach an agreement that would ensure the reopening of the Strait of Hormuz to maritime traffic. The decline followed Trump’s statement on Truth Social that Iran and other Middle
US crude falls 6% after Trump delays Iran strike Read More »
US President Donald Trump said that new negotiations with Iran will begin Monday after he decided to hold off on striking the Islamic republic to pursue a deal to end the war entering its sixth month. Trump told reporters on Sunday that the talks would cover the Strait of Hormuz –- a route for global
Oil prices fall almost 5% as Trump announces new Iran talks, cancels massive attack Read More »
Please enable cookies. Sorry, you have been blocked You are unable to access punchng.com Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word
Nigeria earns N24tn from crude exports in six months Read More »
A liquefied natural gas (LNG) tanker carrying a Qatari cargo was struck by a projectile while traversing the Strait of Hormuz, threatening super-chilled fuel supplies and driving oil prices to their biggest gains since March amid escalating regional conflicts. According to Bloomberg, security consultancies Vanguard Tech and Marisks identified the vessel as the LNG tanker
