Oil prices slide as US crude settles at $83.59, Brent near $89 US crude and Brent fell at settlement, pulling oil prices lower as markets weigh demand concerns and macro …
oil
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UAE Condemns Drone Attacks from Iraq Targeting Saudi Oil Facilities UAE condemns renewed drone attacks from Iraq that struck toward oil installations in Saudi Arabia’s Eastern Province, reaffirming full solidarity …
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Business
Oil jumps 7% on Middle East strikes and multi-year low US inventories
by James Bryantby James BryantOil Prices Surge Nearly 7% as Middle East Airstrikes Resume and U.S. Stocks Drop Oil prices rose about 7% after renewed Middle East airstrikes and U.S. data showing crude stocks …
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US Treasury Expands Iran Sanctions, Blacklisting 10 Entities and Eight Oil Tankers US Treasury expands Iran sanctions, adding 10 entities and eight oil tankers amid tensions after reported Iranian missile …
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Oil prices jump over $2 as Brent rises to $86.80 and WTI to $81.95 Oil prices jumped sharply in early trade on Wednesday, with Brent futures gaining $2.71 to $86.80 …
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Politics
Saudi Arabia intercepts, destroys drones from Iraq targeting Eastern Province oil facilities
Saudi air defenses intercept drones targeting Eastern Province oil facilities Saudi air defenses intercepted and destroyed several drones that attempted to strike oil facilities in the Eastern Province, the Ministry …
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Wonocolo oil field sustains local livelihoods amid declining reserves and safety concerns Wonocolo oil field in East Java remains a hub of community-run shallow wells, sustaining livelihoods while raising safety …
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Gold prices surge over 1% as Asian trade lifts bullion above $4,100 Gold prices climb over 1% in Asian trade to above $4,100/oz as oil retreats; silver, platinum and palladium …
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Oil prices plunge more than 5% as Brent falls to $91.20 and WTI slips to $84.40 Oil prices plunged over 5% as Brent crude fell to $91.20 per barrel and …
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Strait of Hormuz closure persists as Iran–US mediated talks pause military strikes Mediated Iran–US talks have paused direct military strikes, but the closure of the Strait of Hormuz and related …