Keywords: Oil market
Asian stock markets fell sharply after oil prices climbed above $100 per barrel for the first time since 2022, sending shockwaves through global financial markets and intensifying fears that the expanding conflict involving Iran could trigger stagflation. Brent crude jumped as much as 20 percent to......
Escalating tensions in the Middle East are fueling concerns about potential disruptions to global oil supplies, with analysts warning that crude prices could surge to levels not seen in years if the conflict intensifies. Iran plays a central role in the global energy landscape. The country ranks among......
After a brief period of decline, fuel prices in Morocco have resumed their upward trend at the beginning of February. Diesel prices increased by approximately 35 centimes per liter, while unleaded gasoline rose by nearly 11 centimes per liter at retail stations starting Sunday, February 1. These adjustments......
Russian crude-loaded tankers are stacking up at sea, unable to offload cargo, as Moscow struggles to revive its Indian market lifeline that rescued its oil trade after European buyers pulled back following the Ukraine invasion. Russia shipped 3.42 million barrels per day over the four weeks ending January......
Financial markets have shown a surprisingly muted response to the U.S. military intervention in Venezuela and President Donald Trump's announcement that the country will transfer up to 50 million barrels of oil under American control. Some analysts warn investors may be underestimating the geopolitical......
Oil prices have dropped to their lowest level in nearly four years, with Brent trading around 61 dollars a barrel on 6 January 2026, capping a historic slide driven by one of the largest supply surpluses in two decades. The December 2025 monthly average of 63 dollars a barrel was the weakest since early......
China has emerged as the key force shaping global oil prices, overtaking OPEC+ by using large-scale crude imports and strategic stockpiling to stabilize and influence the market. As the world’s largest oil importer, Beijing now sets the effective boundaries for price fluctuations through inventory......
Global oil prices have plunged to their lowest level in four years, driven by renewed hopes for peace talks between Russia and Ukraine and mounting concerns about a worsening supply glut. Brent crude slipped below 60 dollars a barrel, while West Texas Intermediate traded near 56 dollars, as markets reacted......
Oil prices dipped as fears of excess supply overshadowed geopolitical tensions, which have long shaped market sentiment. Despite ongoing uncertainties linked to the war in Ukraine, traders shifted their focus to the growing imbalance between global oil production and consumption. Benchmark Brent crude......
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