Mozambique diesel price surges 46% amid Africa-wide oil shock from war disruptions, squeezing households and pressuring currencies.
Citi sees oil markets 'moving around like crazy' in a hope-and-fear dance, prices gyrating on supply hopes and recession fears without a…
Sudan's troop buildup near Ethiopia stokes Red Sea supply fears, lifting oil and gold while equities slide and the dollar strengthens on…
Ukraine's strike on a major Russian oil pumping station deep inside the country triggered a rally in crude oil prices and safe-haven…
Shell profit beats consensus as Iran war volatility supercharges oil trading revenue.
Oil market liquidity evaporates as war volatility sidelines traders, triggering sharp crude price swings.
China and Europe form a carbon alliance, driving EUA prices above €100 and pressuring oil, while U.S. fossil fuel bets spur near-term…
US sanctions on an Iraqi oil official and Iran-linked militias escalate Middle East tensions, lifting crude oil prices and boosting safe havens…
Brazil, Latin America’s largest economy, recorded record export receipts in May 2026 after oil prices spiked, reinforcing its position as a top…
IEA chief warns Canada not to miss a ‘golden opportunity’ in energy, fueling bullish bets on oil, Canadian stocks, and the loonie.
Trump rules out oil export curbs after US crude exports surge to a record 5.2 mb/d, pressuring WTI but lifting energy stocks…
Asia heat waves lift oil demand, double-trouble for import-reliant economies facing surging energy costs, threatening currencies and sovereign credit outlooks.