Tag: Oil

US approval sought in talks with state oil company PDVSA

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Any acquisition would depend on ONGC obtaining a licence from US authorities allowing it to operate the two fields....

Return of crude oil: 20 million barrels left from Iran port after peace talks

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After peace was restored, 20 million barrels left the Iranian port. After months of disruption, oil exports from Iran finally...

Global oil hits $105 per barrel: Could petrol prices in the UAE rise to Dh3.80-Dh4 per litre in April? | world News

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Oil prices rose 40% during the Middle East crisis: How this could impact petrol prices in the UAE /...

Trump says US could attack Iran’s Kharg Island oil export hub ‘just for fun’ – world News

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US President Donald Trump threatened more US attacks on Iran's main oil export hub and called on allies to...

Strategic oil release may calm the market but cannot fix the Hormuz disruption. conflict news

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Hundreds of tankers sit idle on both sides of the Strait of Hormuz as Iran effectively closed the waterway,...

Oil surges above $100 as markets calculate cost of energy attacks

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Iran's targeting of Middle East energy has pushed oil prices above the $100 per barrel level. with market experts expressing...

Iran’s supreme leader gave his first statement amid rising oil prices and falling markets.

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Iran is making efforts to disrupt supplies in the Middle East. Oil prices rose above $100 on Thursday and stocks...

extraordinary-announcement-not-enough-to-lower-oil-price

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The International Energy Agency (IEA), a developed nation body established in the 1970s to deal with the oil crisis...

Airfare hike due to rise in oil prices amid US-Israel war over Iran

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Global airlines are starting to pass the burden of rising fuel costs on to passengers amid rising oil prices....

Oil crosses $100 per barrel; stocks fall due to the US-Israel war over Iran. oil and gas

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Oil prices have risen above $100 per barrel amid the consequences of the war between the United States and...

Diesel in UK at 16-month high; oil prices rise further due to Iran war

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Average diesel prices in Britain have hit a 16-month high, less than a week after the Middle East was...

US stocks today: Wall Street slips as oil prices rise due to Iran tensions

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The market was affected by rising oil prices and renewed concerns over a potential US-Iran conflict. Rising oil prices and...