Goldman Sachs warns Brent crude could top $120 per barrel if Strait of Hormuz disruptions persist, with tightening supply and geopolitical tensions…
New Zealand inflation accelerates to 4.1% on soaring fuel costs, raising RBNZ rate hike bets and lifting the New Zealand dollar.
Escalating tensions in the Strait of Hormuz collide with already-tight fuel supplies, driving crude oil and product prices to multi-month highs and…
Palm oil prices surged to a near one-month peak as the intensifying Iran conflict drove crude oil higher, enhancing palm’s appeal in…
Oil prices surged and the U.S. dollar climbed as escalating Middle East tensions drove investors into safe-haven assets and lifted crude on…
Two UAE oil tankers come under attack in the Strait of Hormuz, threatening oil transit flows and sending crude prices sharply higher.
India faces escalating inflation risks from US-Iran tensions and El Nino, threatening to derail monetary easing and undercut economic growth.
Chinese refiners are skipping Saudi term crude cargoes in July, pointing to weak refining margins and thinning demand, which pushes global oil…
Palm oil prices climbed as a rally in crude oil boosted the economic viability of palm-based biodiesel, fueling speculative buying and tightening…
Brent crude hovers near $75 as the United States and Iran assess the oil market impact before escalating tensions that threaten supply,…
China’s crude oil imports fell to the lowest monthly level in nearly a decade, intensifying bearish pressure on Brent and WTI crude…
President Trump's reinstatement of a blockade on Iranian ships sent oil prices sharply higher on supply disruption fears.