Shell warns of shipping risks as Israel-Iran conflict escalates
Shell is taking extra precautions with its shipping operations in the Middle East due to escalating tensions…
Browsing Tag
oil prices
Indian rupee hits two-month low amid high oil prices
The Indian rupee fell on Wednesday due to ongoing corporate hedging and high oil prices, with concerns about…
Brent crude premium to Dubai benchmark hits highest level since Sept 2023
Brent crude’s premium to the Middle East’s Dubai benchmark surged above $3 per barrel on Wednesday, reaching $3.33…
Fitch warns Israel-Iran conflict may weigh on ME sovereign credit profiles
The ongoing Iran-Israel military conflict has heightened regional security risks, with Fitch Ratings warning that a…
Sterling steady on Monday ahead of BoE decision
Sterling held steady against the US dollar on Monday, trading at $1.359 as investors awaited the Bank of England’s…
Oil up on Tuesday
Oil prices rose on Tuesday as investors awaited the outcome of US-China trade talks in London, fuelling hopes of a…
Oil steady as Canadian wildfires offset OPEC+ supply rise
Oil prices held steady on Wednesday as supply disruptions in Canada due to wildfires helped offset pressure from…
Oil prices rebound on Monday
Oil prices rose over $1 a barrel on Monday after OPEC+ confirmed a planned output increase of 411,000 barrels per…
Rouble hits 2-yr high on peace hopes
The Russian rouble surged on Thursday, climbing past 78 to hit its strongest level in two years, buoyed by Moscow’s…
Oil prices rise on Monday
Oil prices edged higher on Monday after US President Donald Trump extended a deadline for trade talks with the…