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Browsing Tag

oil prices

122 posts
BBusiness
Oil prices top US$81 a barrel amid Iran war, pushing global markets down
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Oil prices top US$81 a barrel amid Iran war, pushing global markets down

  • March 6, 2026
Stocks sank on Wall Street Thursday after the price of oil spiked to its highest level since the…
BBusiness
US shale rig
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U.S. Shale Won’t Replace Lost Middle East Oil

  • March 6, 2026
The U.S. shale patch cannot and will not come to the rescue of a potentially catastrophic loss of…
BBusiness
Middle East
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QatarEnergy Declares Force Majeure After Halting LNG Production

  • March 4, 2026
QatarEnergy has declared force majeure on liquefied natural gas (LNG) supplies after suspending production at key export facilities,…
BBusiness
Markets in Europe gain while Asian shares swoon as the war with Iran widens and oil surges higher
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Markets in Europe gain while Asian shares swoon as the war with Iran widens and oil surges higher

  • March 4, 2026
BANGKOK (AP) — European shares opened higher on Wednesday after another day of sell-offs in Asia, where South…
EEconomy
Iran war oil price spike could cushion Alberta, Saskatchewan budgets
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Iran war oil price spike could cushion Alberta, Saskatchewan budgets

  • March 4, 2026
As concerns rise over high oil prices due to the war in Iran, Canada’s oil-producing provinces could actually…
EEconomy
Dire petrol price prediction for Aussie drivers as Commonwealth Bank warns of economic 'consequences'
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Dire petrol price prediction for Aussie drivers as Commonwealth Bank warns of economic ‘consequences’

  • March 3, 2026
The conflict could put pressure on Aussie households and the RBA to raise rates sooner. (Source: Getty) Renewed…
BBusiness
Oil
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JPMorgan: Oil Prices Could Hit $120 Per Barrel

  • March 2, 2026
By Alex Kimani – Mar 02, 2026, 8:59 AM CST JPMorgan Chase projects Brent crude could hit…
BBusiness
Oil prices leap on worries about war in the Middle East, while US stocks trim their sharp losses
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Oil prices leap on worries about war in the Middle East, while US stocks trim their sharp losses

  • March 2, 2026
NEW YORK (AP) — Oil prices are leaping Monday with worries that war in the Middle East will…
EEconomy
Wall Street Turns to ‘Haven-First’ Strategy Amid Iran Crisis
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Wall Street Turns to ‘Haven-First’ Strategy Amid Iran Crisis

  • March 2, 2026
(Bloomberg) — The fast‑moving conflict across the Middle East is heightening investor anxiety and strengthening the case for…
BBusiness
OPEC Flag
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OPEC+ Approves Modest Output Hike as Iran War Jolts Oil Markets

  • March 1, 2026
OPEC+ agreed on Sunday to raise oil output by a modest 206,000 barrels per day (bpd) in April,…
BBusiness
Kharg Island
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Oil Jumps as Iran Clock Ticks Toward Zero

  • February 27, 2026
Oil ends the month on a firm footing as Iran tensions simmer, but muted attention on the upcoming…
AArtificial intelligence
US stocks sink and oil prices rise as worries about AI, inflation and possible war hit Wall Street
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US stocks sink and oil prices rise as worries about AI, inflation and possible war hit Wall Street

  • February 27, 2026
NEW YORK (AP) — U.S. stocks are sinking Friday as Wall Street gets back to hunting companies that…
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