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Oil prices surge and markets retreat

A rising oil price is bad news for motorists, and Rachel Reeves. The economy shrank by 0.3% in May. With households already ...
The EIA said oil output would decline by 50k b/d YoY in 2026 to 13.37m b/d. Meanwhile, the European Commission is proposing a ...
The combined net profits of Russia’s oil and gas companies nearly halved in the first quarter from a year earlier, while ...
Shares in airlines across the world fell after Israel's strikes on Iran ratcheted up tensions in the Middle East, and [pushed up oil prices]( ...
A sudden rise in crude prices driven by a renewed fear of a military confrontation between the US and Iran has caught out bearish traders, forcing many to rethink their near-term ...
Global oil investments are expected to drop 6% in 2025, in the first such decline in a decade excluding the year of the Covid ...
Indian stock indices Sensex and Nifty fell sharply on Friday as geopolitical tensions involving Israel and Iran led to a 13 ...
US crude oil production likely will fall over the next 18 months as producers cut back on drilling activity in response to ...