African central banks return to rate hikes as fuel costs, currency pressures mount
….Egypt, Uganda and Namibia raise interest rates by a combined 350 basis points in October, signalling renewed inflation…
OMCs may review petrol, diesel prices in 2-3 months if crude stays low, says Minister Puri
New Delhi: Union petroleum and natural gas minister Hardeep Singh Puri on Thursday indicated that state-run oil marketing…
‘Cancelling orders’ in China: how Hormuz oil crisis is hitting transport, manufacturing
As the Strait of Hormuz reopened and closed again this week, manufacturers across China are navigating a roller…
Oil Options Market Signals Rising Risk of $150 Brent Crude
Brent Oil Options Signal Record $150 Price Amid Strait of Hormuz Closure By Amanda Cooper and Robert Harvey…
Oil set for weekly drop with focus on supply, US-China tensions
Oil headed for a third weekly decline as investors focused on oversupply and the fallout from renewed US-China…