#oil prices
articles
Oil Slides More Than 5% As Trump Calls Off Iran Strike
Crude futures tumbled after President Trump said he canceled a planned strike on Iran, as investors unwound geopolitical...
Five Drivers Behind the Ibex 35's Strength in 2026
Solid earnings, a heavyweight banking sector, a resilient economy, cheaper oil and share buybacks are underpinning Spain...
Trump Calls Out Exxon and Chevron for 'Too Much' Profit as Iran Conflict Buoys Oil Prices
Trump accused ExxonMobil and Chevron of 'too much' profit and demanded lower retail fuel prices, as a report projects ne...
Uruguay Freezes Fuel Prices in August Despite Rising Global Oil Costs
Uruguay holds gasoline, diesel and LPG prices flat for August, absorbing higher global crude costs linked to Middle East...
Trump Halts Iran Strike Plan Pending Quick Deal to Reopen Strait of Hormuz
Trump says the US will pause military action against Iran if a quick deal can reopen the Strait of Hormuz and end Tehran...
Shale Profits Set for Strongest Quarter Since 2022 on War-Driven Oil Rally
U.S. shale producers are expected to post their strongest quarterly profits since 2022 as a war-driven crude rally boost...
ISM Manufacturing Index Jumps to 55.6, Its Strongest Reading Since May 2022
The U.S. factory sector grew for a seventh straight month in July, with production surging and hiring returning for the ...
Brent Slides 4.9% as Trump Pauses Iran Strikes, Calming Stocks for Now
Brent crude fell to $83.59 after Trump said he would hold off on new Iran strikes, lifting stocks and easing inflation f...
FTSE Held Back as AstraZeneca Slumps on $400bn Bristol Myers Talks
AstraZeneca's 6% slide and cheaper oil keep the FTSE behind Europe, as traders turn to US jobs reports ahead of the Fed'...
Oil Prices Slide More Than 5% After Trump Holds Off on Iran Strike
Brent and WTI fell sharply on Monday as Donald Trump stepped back from a new strike on Iran to leave room for nuclear ta...
Oil Settles Higher and Caps Strong July as Hormuz Shipping Signals Diverge
Brent settled above $90 and WTI near $85, closing out a month of steep gains, as conflicting reports about tanker moveme...
Trump Says Iran Strikes Called Off, Citing 'Outlines of a Deal'
Trump says he has paused a planned US assault on Iran and set conditions for an agreement — but Tehran and other parties...
Oil Slips More Than $1 as Strait Flows Rise, Yet Heads for 20% Monthly Surge
Brent and WTI eased on Friday as more tankers moved through Middle East chokepoints, but both benchmarks remain on track...
Crude Oil Falls as Strait of Hormuz Flows Pick Up, Monthly Rally of 20% Endures
Brent and WTI futures eased on Friday as tanker traffic through the Gulf chokepoint increased, but both benchmarks are s...
Colombian Peso Surges 38% in Second-Biggest Revaluation This Century
Since late 2022, the Colombian peso has strengthened 38% against the dollar, driven by a weak greenback, high oil prices...
Colombia’s Incoming Government Inherits Fiscal Squeeze, 6% Inflation, and a Surging Peso
As Gustavo Petro prepares to take office, stubborn inflation above 6%, a fiscal deficit nearing 7.4% of GDP, and a peso ...
Defensive ETFs Surge as Middle East Conflict Fuels Flight to Safety
Rising oil prices and geopolitical risk have driven investors into dividend, utility, consumer staples and gold ETFs. Em...
Brent Crude Dips to $87.33 on Signs of Uninterrupted Gulf Oil Supply
Brent crude fell 1.9% to $87.33 as rising tanker movements through the Strait of Hormuz and a Saudi-led maritime defense...
Hamas Agrees to Disarm in Phased Deal, Trump's 'Board of Peace' Says
The militant group reportedly accepted a U.S.-brokered framework for full disarmament, Israeli withdrawal and a new Pale...
Ibex 35 Hits Record High as Geopolitical Thaw Sends Oil Below $90
Spanish benchmark index surges past 19,852 points, buoyed by Trump’s announcement of a Hamas disarmament deal that sent ...
Ibex 35 Tests New Records as Oil Slips and Unicaja Jumps on Results
Spanish stocks edge toward uncharted territory on the back of falling oil prices, a geopolitical thaw, and a mixed bag o...
Alfa-Forex Forecasts Ruble at 80–82 vs Dollar Through August as Oil Drag Persists
The Russian ruble is set to extend July’s slide toward 80–82 per US dollar in August, pressured by lower oil revenues, r...
Oil Prices Fall as Hormuz Shipping Recovers, Easing Supply Fears
WTI and Brent crude fell on Friday as shipping through the Strait of Hormuz recovered to 30-35% of pre-conflict levels, ...
US Futures Surge as Amazon’s AI Cloud Strength Sparks Tech Rally; South Korea’s Kospi Leaps 17%
Amazon’s blowout cloud revenue reignites AI optimism, sending global tech shares soaring. South Korea’s Kospi jumps a hi...
Shell Triples Quarterly Profit to $10.8bn on Soaring Oil and Gas Prices
UK energy major Shell posted its best quarterly result since 2022, driven by elevated crude, gas and LNG trading margins...
First Lessons From the Iran War and the Global Energy Shock
The conflict and the energy crisis it triggered are reshaping assumptions about energy security, market dynamics and the...
Saudi Arabia leads 14-nation naval force to secure Red Sea trade routes as oil pushes toward $90
Saudi Arabia announced a 14-nation maritime defense coalition to protect Red Sea shipping from Houthi attacks, a move th...
Oil Swings as Saudi-Led Red Sea Defense Pact Eases Supply Fears, But Hormuz Risk Lingers
Brent crude briefly topped $93 before turning lower, pulled between a 14-nation naval coalition for Red Sea security and...
Dollar Falls Against Real as Fed Hold and US-Iran Tensions Steer Markets
The US dollar dipped versus the Brazilian real on Thursday as investors digested in-line Fed policy and Trump’s threat t...
Bank of England holds rate at 3.75% as inflation surprise is overshadowed by Iran-driven oil spike
The Bank of England kept interest rates at 3.75% for the fifth meeting in a row, but a 6-3 split vote revealed deepening...