#oil
articles
From $6,000 to $32,000: Guyana's Oil Boom Meets the Resource-Curse Test
Guyana's GDP per capita has jumped from about $6,000 to more than $32,000 since offshore oil production began in 2019. T...
Hormuz Commodity Transits Collapse After Tanker Attacks as US-Iran Talks Stall
Kpler data showed five commodity vessels transited the Strait of Hormuz on Saturday and none on Sunday, down from 31 the...
Venezuela’s Oil Recovery Is Real, but U.S.-Controlled Revenue Keeps It Opaque
Output has roughly doubled since 2020 and six international majors are back, yet analysts say billions in oil revenue re...
Fed September Hike Bets Cool as BOJ Wagers Heat Up
US rate expectations eased after in-line CPI and soft payrolls, while Japan's 7.2% wholesale inflation revived BOJ hike ...
Oil and Gold Rise as Red Sea Attacks and US CPI Loom
Brent extended its rally to a sixth day and gold climbed, while markets braced for a US inflation report that may decide...
Oil Surge Reignites Inflation Fears, Dampens European Stocks
European equities tread water as Brent crude jumps past $89 on Middle East tensions, driving up bond yields and rate-hik...
Argentina’s Merval Snaps Losing Streak, But Bond Drop Pushes Country Risk to Two-Month High
The S&P Merval added 1.1% to end a six-day slide, while sovereign dollar bonds fell 0.7%, lifting J.P. Morgan’s EMBI spr...
Commodities Rally Faces CPI Test as Hormuz Risks Keep Oil on Edge
Gold and base metals surged after a weak US jobs report boosted rate-cut bets, but next week’s inflation data will test ...
Petrobras H1 Net Profit Soars 55% to $16.6B on Soaring Oil Prices and Record Output
Petrobras reported a 55.3% jump in first-half net profit to $16.6 billion, driven by a 29% rise in Brent prices and reco...
Understanding Oil Market Volatility: Key Drivers and How Traders Prepare
Geopolitics, OPEC+ decisions, inventory data and the dollar all whip crude prices around. This article breaks down what ...
Gold Steady as Commodities Drift in Quiet Friday Session
Gold held near $4,342 with other major commodities showing only marginal moves amid a summer lull and absence of fresh c...
U.S. Jobs Shock Jolts Markets: Dollar Tumbles, Gold Soars Past $4,300; Trump Stokes Fed Debate
July non-farm payrolls unexpectedly fell by 23,000, sending the greenback to its weakest in weeks and gold to a fresh re...
Petrobras Q2 Earnings Surge, Yet Analysts Say Pricing Policy Cost $1.8 Billion
Petrobras reported record production and strong Q2 earnings, but domestic fuel prices below international parity cost th...
Petrobras Posts R$52.4bn Q2 Profit, Nearly Doubling Year-Ago, on Soaring Oil Prices
Petrobras reported net profit of R$52.4 billion for Q2 2026, a 96.8% jump, fueled by a 54% surge in Brent crude prices a...
Global Markets Split as Hormuz Hopes and Tech Skepticism Battle Ahead of US Jobs Report
European stocks edged higher, US markets slipped, and Asian bourses diverged on Friday as optimism over a Strait of Horm...
S&P 500 Earnings Shatter Records: Q2 Profit Surge 47%, Beating Forecasts by Historic Margin
Corporate America just posted its strongest profit growth on record outside the pandemic, fueled by AI, one-time valuati...
Argentina's H1 Trade Surplus Hits US$13.9B as Crude Oil, Asia Reshape Export Mix
Argentina posted a US$13.9 billion first-half trade surplus as exports hit a 10-year high, crude oil became the top prod...
ECB: Middle East Energy Shock to Slow Eurozone Economy, Hit Poorest Hardest
The European Central Bank warns higher energy prices from the Middle East conflict will dampen eurozone activity, with t...
Saudi Arabia's Economy Shrinks 4.8% in Q2, Sharpest Drop Since Pandemic
Preliminary data show Saudi GDP fell 4.8% year on year in Q2 2026 as the Strait of Hormuz crisis cut oil output by 24.7%...
Drone Strike Near Suez Lays Bare Oil's New Vulnerability: Every Chokepoint Is Now a Target
A drone attack on tankers at Egypt's Damietta port shows how low-cost drones could seal off the Red Sea end of the oil t...
Vermilion Fights to Keep 450 French Oil Wells Operating Past 2040
The largest oil producer in France is lobbying to extend its concessions beyond the 2040 phase‑out, arguing that the gov...
IMF Sends First Mission to Venezuela in Over Two Decades as Country Seeks Economic Reopening
A high-level IMF team met with acting President Delcy Rodríguez, marking a dramatic shift in Caracas’ relationship with ...
Brent Holds Gains, WTI Slips as Oil Market Weighs US Strikes on Iran
Oil prices saw muted moves Thursday after the steepest rally in months, as traders assessed US airstrikes on Iran agains...
Asian Stocks Mixed, Bonds Slide as Divided Fed Fuels Rate Uncertainty
Asian markets swung between gains and losses while Treasury yields hit multi-decade highs after the Federal Reserve held...
How Nigeria Governed Its Way into Debt: From 1970s Oil Boom to Borrowing Trap
Decades of treating temporary oil wealth as permanent income, widespread corruption, and weak institutions turned a hist...
Crude Surges, Tech Rout Intensifies as Mideast Strikes and AI Valuations Shake Markets
Oil prices spiked over 4% after US-Saudi strikes on Iran-backed militants and Iran halted tankers near the Strait of Hor...
Oil Jumps 5% on Iran Tensions, Tech Rout Deepens Ahead of Fed
US crude surged past $83 as forces intercepted an Iranian attack, while semiconductor shares extended losses and investo...
Gold Surges as US-Iran Truce Sends Oil Prices Tumbling, Easing Inflation Fears
Gold jumped over 1% on Monday as a weekend ceasefire between the US and Iran pushed oil down by as much as 7%, reducing ...
EU Targets Deal-Makers Behind Russia’s Ghost Fleet, but Oil Keeps Flowing to India and China
EU sanctions on Russian oil traders have failed to halt shadow fleet deliveries to India and China, where deep discounts...
Batista Brothers Diversify Into Venezuelan Oil, Acquiring Stake in Production Project
The Brazilian billionaire Batista family has purchased a share in a Venezuelan oil production venture, marking its third...