oil market

News Desk PARIS:The International Energy Agency (IEA) reports that global oil supplies are projected to surpass demand in the fourth quarter of 2026, marking a significant shift in the market dynamics following increased exports from Gulf…

News Desk LONDON: Global oil prices are experiencing a continued decline as market adjustments take effect, with analysts citing a combination of factors influencing this trend. The price of crude oil has dropped significantly over the past…

News Desk LONDON: Global oil prices are experiencing a continued decline as market adjustments take effect, with recent reports indicating a significant drop in crude oil prices over the past week. Analysts attribute this trend to a…

News Desk SINGAPORE: Global oil prices have surged to their highest levels in six months, driven by ongoing market volatility and increased demand. The price of Brent crude oil has reached unprecedented heights, reflecting significant…

News Desk LONDON: Oil prices have seen a significant decline following the recent easing of sanctions imposed on Russia, a major player in the global energy market. This development comes as countries reassess their energy strategies amidst…

News Desk LONDON: Oil prices have seen a significant decline in global markets, despite escalating tensions in the Middle East that typically drive prices higher. Analysts report that the price of crude oil has dropped by approximately 5%…

News Desk LONDON: Global oil prices have seen a significant increase this week, driven by ongoing supply chain disruptions and geopolitical tensions. The price of Brent crude oil rose by 3% on Wednesday, reaching $95 per barrel, marking a…

LONDON: Global oil prices have seen a significant decline as market adjustments and economic shifts take center stage. The price of crude oil dropped by over 5% this week, reflecting changing demand dynamics and geopolitical factors…

News Desk WASHINGTON: President Donald Trump has attributed the rising prices of petroleum products worldwide to the ongoing conflict in Iran. Speaking on October 6, 2026, Trump highlighted that the global oil crisis, exacerbated by…

News Desk VIENNA: OPEC+ has decided to keep its oil production targets unchanged for November, responding to ongoing market volatility and uncertainty regarding global demand. The decision, made during a virtual meeting on Wednesday,…