Iran war pushes Germany’s deficit to 4.2% as growth outlook is cut by 50%.
The Iran war is hitting the German economy at the worst possible time. Having only just fought its way out of a […]
Venezuela Oil Exports Top 1 Million Bpd in March.
Venezuela exported crude oil at a rate of over 1 million barrels daily last month, for the first time in six months. […]
Brent Oil Dips Below $100 as Trump Signals End to Iran War.
Brent Crude oil futures plunged by 4% early on Wednesday to trade below $100 per barrel for the first time in a […]
Iran war wipes $120bn off Dubai, Abu Dhabi stock markets.
The United Arab Emirates’ stock markets in Dubai and Abu Dhabi have lost around $120bn in value since the start of the […]
Nigeria’s State oil giant eyes New York, London IPO as $20 billion project signals investor revival.
Speaking at the recent CERAWeek by S&P Global conference in Houston, Group Chief Executive Officer Bayo Ojulari said the company is prioritising […]
Big Oil to reap billions from Iran war windfall after month of soaring energy prices.
As Big Oil executives gathered this week and discussed the biggest-ever disruption to global energy supplies due to the war in Iran, there was one impact […]
Africa’s third-largest oil producer to sell $2.5 billion of Eurobonds as oil surges.
Angola is set to raise $2.5 billion through the sale of dollar-denominated bonds, betting that higher oil prices driven by the Iran–Israel […]
Saudi Oil Exports to China and India Set to Fall Amid War Disruptions.
Saudi crude oil exports to its two biggest clients, India and China, are on course to decline in April because of the […]
Europe Faces Looming Fuel Shortages as Shell Warns of April Crunch.
Europe could experience energy shortages before the end of April, the chief executive of Shell has warned. Jet fuel supply has already […]
QatarEnergy declares force majeure on some LNG contracts due to Iran war.
QatarEnergy has declared force majeure on some of its long-term liquefied natural gas (LNG) supply contracts, including for customers in Italy, Belgium, […]
Oil plunges as Trump postpones military strikes against Iranian energy infrastructure.
Oil prices dropped more than 13 percent on Monday after US President Donald Trump said he will order the military to postpone […]
Goldman Boosts Oil Price Forecast by $8 for Brent and $7 for WTI.
Brent crude is seen averaging $85 per barrel this year, and West Texas Intermediate could see an average price of $79, Goldman […]