Declining oil prices have provided inflation relief across Southeast Asia, giving central banks room to adopt a more dovish policy stance.
An explosion at Oman’s main oil terminal delayed loadings and lifted crude prices as supply disruption fears gripped the market.
India’s central bank faces mounting pressure to raise rates as oil prices above $80 and a record-low rupee drive inflation beyond its…
US Treasury Secretary Bessent floated the possibility of country-specific waivers for Russian oil, hinting at a sanctions-easing move that could boost global…
Dangote Group will double its 650,000 barrel-per-day oil refinery and launch an oil trading arm, positioning Nigeria as a West African refining…
U.S. Treasury bonds rallied as falling oil prices reflected investor optimism over a potential Iran peace deal, lowering inflation fears and boosting…
US crude inventories shrunk to multi-year lows, sending a stark warning to global markets as Iran conflict threatens to disrupt oil supplies,…
Nigeria considers refinancing its expensive sovereign debt as the oil price rally bolsters government revenues and opens a window to reduce interest…
Fed’s Beige Book warns of mounting inflation from Middle East war, with energy costs and supply chains driving price increases, clouding the…
Hormuz bypass routes for oil can't fully replace the strait's capacity, keeping global crude supply at risk of geopolitical shocks and price…
Kuwait mulls expanding global oil storage in response to Iran war supply risks, a move that bolsters crude oil benchmarks and highlights…
Treasury Secretary Bessent dismisses the impact of a $200 surge in annual gasoline bills on US consumer buying power, signaling confidence in…