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‎Oil settles higher, posts monthly gains of over 23%

‎Oil settles higher, posts monthly gains of over 23%

Oil prices settled higher on Friday after Iran said it intercepted two tankers attempting to pass through the Strait of Hormuz, reviving concerns over potential disruptions to global energy supplies and helping crude post sharp monthly gains. Iran also said transit through the strategic waterway is currently not possible due to ongoing US military operations […]

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‎Gold falls, posts first monthly gain since February

‎Gold falls, posts first monthly gain since February

Gold prices settled lower on Friday as a stronger US dollar and rising oil prices weighed on the precious metal. However, gold posted its first monthly gain since February, supported by easing US inflation and reduced expectations of further monetary tightening. Geopolitical uncertainty continued to shape investor sentiment at the end of the week after

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Iran War Day 154: Iran Strikes Kuwait, Claims Hormuz Strait is Closed

Iran War Day 154: Iran Strikes Kuwait, Claims Hormuz Strait is Closed

State of the Union: President Trump met with his cabinet as oil prices stayed elevated. The post Iran War Day 154: Iran Strikes Kuwait, Claims Hormuz Strait is Closed appeared first on The American Conservative… https://www.theamericanconservative.com/iran-war-day-154-iran-strikes-kuwait-claims-hormuz-strait-is-closed/

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Seplat’s Profit Jumps 430%, Declares Special Dividend

Seplat’s Profit Jumps 430%, Declares Special Dividend

Seplat Energy Plc Seplat Energy grew half-year profit by more than 430% to N225.5 billion as stronger oil prices and lower operating costs boosted earnings. The company declared a five-cent interim dividend and a seven-cent special dividend, while projecting total shareholder payouts of up to $410 million this year. Seplat also reduced debt by $200

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BOE Set to Keep Powder Dry as Oil Prices Swing: Decision Guide

BOE Set to Keep Powder Dry as Oil Prices Swing: Decision Guide

1{ywp10d02699)dbg5r{zgqm_media_dl_1.png Office for National Statistics Article content (Bloomberg) — The Bank of England is set to leave interest rates on hold as it sticks to a wait-and-see approach to navigate the wild swings in oil and gas prices. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city

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India says sustained oil price spike could strain fiscal deficit, current account balances

India says sustained oil price spike could strain fiscal deficit, current account balances

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