KEY POINTS Shares of Italian energy giant Eni fell 3.29% on September 4, closing at €23.08 on the Borsa Italiana as investors awaited the company’s latest financial results. The stock …
oil prices
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Oil headed for a weekly gain above 6 percent as US-Iran fighting resumed, while US diesel prices hit a record high, fuelling fresh global inflation fears.
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Oil prices fell further on Tuesday as investors shrugged off the latest US sanctions on Iran, with Brent down 1.0 percent to $91.27 a barrel.
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KEY POINTS Oil prices fell by more than $1 a barrel on Monday as investors took profits following a two-week rally and waited for details of new US sanctions expected …
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Oil prices hit a three-week high on Wednesday as uncertainty over shipping through the Strait of Hormuz and continuing supply disruptions supported the market.
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Oil prices rose in volatile trade on Wednesday after attacks on two ships and stalled US-Iran talks renewed worries about Middle East supply disruptions.
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KEY POINTS Global oil prices climbed on Friday as uncertainty over plans to reopen the Hormuz Strait intensified, with concerns growing that any reopening could involve restrictions, fees and conditions …
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KEY POINTS Global oil prices jumped by more than 3% on Tuesday after renewed tensions between the United States and Iran stalled progress on a proposed peace deal, reigniting fears …
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KEY POINTS Dangote Refinery has increased the ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, from ₦1,275 to ₦1,350 per litre. The latest adjustment represents about a …
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In the NewsMarketsOil & Gas
Oil Prices Surge Weekly Despite Volatile Trading Amid U.S.–Iran Tensions
KEY POINTS Oil prices fluctuated sharply on Friday, ultimately closing mixed. Brent crude rose slightly to $105.33 per barrel, while U.S. West Texas Intermediate (WTI) fell to $94.40. Despite the …