Oil prices rose after the killing of Hezbollah leader Hassan Nasrallah, heightening Middle East tensions. Brent crude surpassed $72 a barrel.
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Fitch Ratings has maintained most of its oil and gas price assumptions, reflecting broadly unchanged market fundamentals. Our base-case oil price assumptions have not changed. While Brent crude oil prices reached USD90 a barrel in April due to increased tensions in the Middle East, prices declined once the concerns had abated. OPEC+’s decision, announced in […]
Oil prices rose after the killing of Hezbollah leader Hassan Nasrallah, heightening Middle East tensions. Brent crude surpassed $72 a barrel.
OPEC+ has delayed plans to ease production cuts from October to December by two months, aiming to stabilise falling crude oil prices. With global...
Nigeria’s oil sector continues to benefit from the recent oil price spikes due to global supply concerns and geopolitical tensions in the Middle...
The price of Azerbaijan’s Azeri LT CIF oil in the world market increased by $0.86, or 1.11%, to $78.21 per barrel, Report informs. November...
Brent crude surpassed $74 per barrel amid escalating Middle East tensions, with investors wary of potential supply disruptions.
Nigeria’s oil sector continues to benefit from the recent oil price spikes due to global supply concerns and geopolitical tensions in the Middle...
Oil prices rose on Monday on fears of a widening conflict in the Middle East curtailing Iranian crude supply, but prices were headed for a third...
Oil prices were little changed on Thursday after falling in the previous session as signs of higher fuel demand and falling stockpiles in the U.S.,...
Oil prices rose on Wednesday on fears conflict in the Middle East could turn into a wider war and disrupt oil supply from the key producing region...
Oil prices increased on Tuesday due to China's monetary stimulus and concerns over Middle East tensions affecting supply.