Keywords: Oil
Oil prices could settle around $70 a barrel as global energy markets adjust to geopolitical risks and changing supply conditions, according to ConocoPhillips Chairman and CEO Ryan Lance. Speaking at the Energy Intelligence Forum in London, Lance said he expected the lower end of the oil price range......
Three vessels collided in waters near the Norwegian coastal city of Ålesund early Sunday, triggering a major rescue response but leaving no reported injuries or environmental damage. The incident involved an oil tanker and two cargo ships in the Valderhaugfjorden, near Valderøya and Hamnøya.......
Morocco is absorbing a sharp rise in global energy prices without allowing the shock to translate immediately into broad-based inflation. By the end of August, consumer prices had increased by just 0.3%, even as Brent crude climbed to around $116 a barrel on September 22. The contrast highlights the......
A tanker has been struck by an unidentified projectile in the Strait of Hormuz, according to a report published on Sunday by the British maritime security agency UKMTO. The incident occurs as this strategic waterway remains at the heart of ongoing tensions in the Middle East. In a preliminary statement,......
Global government bonds are on track for their weakest quarterly performance since 2024, as renewed concerns over inflation put pressure on fixed-income markets following a surge in oil prices toward $100 a barrel. The Bloomberg global bond index has fallen about 2.1% since June, marking its steepest......
The Group of Seven has agreed to inject up to 100 million barrels from emergency energy reserves into global markets over the next four months, in a coordinated effort to ease mounting pressure on oil and diesel supplies. The decision was reached during a virtual meeting chaired by French President......
OPEC+ has postponed a key review of its members’ maximum sustainable oil production capacity, a process that will help determine production baselines and quotas for 2027. The assessment was originally expected to be completed by the end of September but is now projected to be finalized by mid-November,......
Moroccan argan oil continues to strengthen its presence in international markets as consumer demand for natural ingredients and organic products rises, with forecasts pointing to sustained growth over the coming decade across cosmetics, personal care, food and dietary supplements. According to a report......
US President Donald Trump has indicated that Washington is considering establishing a military base in Venezuela, opening another dimension in the rapidly changing relationship between the two countries. Speaking to reporters outside the White House on Thursday, Trump was asked whether the United States......
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