Breaking 16:24 OECD data shows China state subsidies far exceed rivals 16:12 National Theatre Festival closes sixth edition in homage to Lemgaddar 15:57 Macron announces 93 billion euros foreign investment at Choose France summit 15:41 Morocco’s agriculture and fisheries rebound as rainfall revives growth 15:19 Moroccan automotive exports surge as industry strengthens global position 15:06 Anthropic recruits 1,000 engineers to sharpen Claude Code 14:49 Temu under pressure as Europe imposes major fine 14:40 Gaza ceasefire talks resume in Cairo as Israel's territorial expansion strains the accord 14:12 Morocco expands military arsenal with advanced systems across air, land, and drone capabilities 13:50 SoftBank CEO says AI boom will be 50 times larger than the dotcom era 13:35 BYD ends eight-month sales slump on record international exports 13:16 Ukraine's record May strikes push Russia toward domestic fuel shortage 13:04 J&J injectable cancer drug eliminates tumors in head and neck cancer patients 12:45 Binance expands into U.S. stocks and ETF trading amid financial convergence 12:30 Spanish court drops one charge against brother of prime minister Pedro Sánchez 12:15 FedEx freight prepares for market debut following corporate spinoff 12:00 CNG vehicle demand rises sharply after fuel price increases in India 11:45 Massive Chinese industrial subsidies highlighted by the OECD 11:30 Morocco shines in London during Africa Day celebration 11:20 Oil climbs as U.S. and Iran trade strikes amid stalled ceasefire negotiations 11:15 Oscar-winning star wars editor Marcia Lucas and first wife of George Lucas dies at 80 11:14 Qualcomm shares drop as Nvidia dominates Computex with sweeping announcements 11:09 Tesla registrations surge across Europe in May with triple-digit gains 11:00 Hungary’s Magyar threatens legal action if president refuses to resign 10:50 TSMC deploys NVIDIA AI across its semiconductor manufacturing operations 10:45 South African manufacturing sentiment softens in May as demand cools, Absa PMI shows 10:35 France seizes sanctioned Russian oil tanker in the Atlantic Ocean 10:30 Ukraine War: one dead and more than twenty injured in overnight Russian strikes 10:20 CERN finds highly significant hint of physics beyond the Standard Model 10:15 No government intervention in Xenia Fedorova residence permit decision, says Laurent Nunez 10:00 Hollywood introduces new AI safeguards three years after historic strikes 09:45 Italy’s manufacturing sector faces rising cost pressures amid energy market volatility 09:44 France arrests 780 after deadly riots follow PSG Champions League victory 09:35 Zee Entertainment secures 2026 FIFA World Cup broadcasting rights in India 09:30 Germany’s manufacturing sector stalls in May amid weak demand and rising costs 09:17 Israel seizes Beaufort castle in deepest Lebanon incursion in 25 years 09:15 Taiwan opposition leader signals openness to meeting U.S. president during American visit 09:00 France intercepts sanctioned oil tanker in Atlantic maritime operation 08:54 Iranian president Pezeshkian reportedly resigns, citing Revolutionary Guards takeover 08:45 Spain's manufacturing growth slows amid rising supply chain pressures 08:38 Akeso lung cancer drug cuts death risk by 34 percent in major clinical trial 08:30 Rare Brazilian tapir birth marks conservation success at Ain Sebaa Zoo 08:19 Ye draws 118,000 fans in Istanbul as European bans keep him off the continent 08:15 Tesla records strong growth in Sweden's electric vehicle market 08:00 Equinor proposes leadership transition with new board chair candidate 07:58 Oil prices rebound as U.S.-Iran deal stalls over Trump's tougher demands 07:45 Goldman Sachs raises outlook for European stocks amid resilient corporate earnings 07:38 Huawei chairman thanks U.S. export controls for accelerating China's chip self-reliance 07:30 Drax strengthens renewable energy portfolio with Bluefield Solar acquisition 07:19 Brazil, India and Austria revise fuel policies amid oil turmoil 07:15 BP sells stake in Australian LNG project to South Korea's GS Energy 07:00 Nvidia returns to Windows PC market with new RTX Spark chip 07:00 Nvidia expands humanoid robot partnerships across the United States, Europe and Asia

Keywords: Oil prices


Spain’s industrial prices surge as rising energy costs drive inflation pressures

Industrial prices in Spain have recorded their fastest annual increase in a year, driven largely by a sharp rise in energy costs, according to recent data from the National Statistics Institute. After several months of decline, producer prices rebounded strongly in March, reflecting a shift in market......

Us crude inventories fall sharply as Hormuz crisis disrupts supply

US crude oil inventories posted an unexpected decline of 4.4 million barrels in the week ending April 17, far exceeding market expectations for a one million barrel draw. The drop follows a 6.1 million barrel increase the previous week and reflects growing volatility in global oil markets as disruptions......

Sterling slips as U.S.–Iran tensions shake market confidence

Pound sterling weakened slightly on Monday as rising geopolitical tensions between the United States and Iran unsettled global financial markets and boosted demand for the U.S. dollar as a safe-haven asset. Investor sentiment turned cautious after renewed uncertainty over a fragile ceasefire agreement,......

US energy chief warns gas prices may remain above $3 per gallon until next year

Gas prices in the United States could remain above $3 per gallon well into next year, according to Energy Secretary Chris Wright, who pointed to ongoing geopolitical tensions and market uncertainty as key factors influencing fuel costs. Speaking in a televised interview, Wright said that while prices......

Oil prices fall 5 percent as hopes rise for easing tensions in the Middle East

Global oil prices declined sharply on Friday, falling by around 5 percent as markets reacted to growing expectations of easing geopolitical tensions in the Middle East. Benchmark crude prices dropped below the symbolic $100 per barrel level, reflecting a shift in investor sentiment. Brent crude and......

China green tech exports surge as oil shock boosts EV demand

Rising fuel prices linked to the war in Iran are accelerating a global shift toward electric vehicles, driving a sharp increase in exports of clean technologies from China. Analysts say the surge in oil costs is pushing consumers across Asia and other regions to adopt electric mobility faster than expected,......

Gold holds near record as oil slips on US Iran talks hopes

Gold prices hovered near record highs as easing tensions between the United States and Iran reduced demand for safe-haven assets, while oil prices edged lower on expectations that renewed diplomacy could prevent a broader supply crisis. Spot gold traded around 4,850 dollars per ounce early Wednesday,......

Oil dips as Iran war accelerates global shift to renewables

The war in Iran, now in its seventh week, has disrupted roughly 20 percent of global oil supply passing through the Strait of Hormuz and pushed energy prices to levels not seen since 2022. Yet the crisis is also accelerating a structural shift toward renewable energy, with analysts saying the transition......

Trump attacks UK energy policy over North Sea drilling ban

Donald Trump sharply criticized the United Kingdom’s energy strategy, urging the government to expand oil production in the North Sea and calling its restrictions on new exploration “absolutely crazy.” In a post on Truth Social, Trump argued that Europe faces an energy shortage while......

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