FBM KLCI little changed in early trade amid dearth of new catalysts
KUALA LUMPUR: The FBM KLCI was flat at the opening bell as traders searched for trading direction amid…
Gulf shipping traffic steady amid peace talks, vessels travel through strait
Shipping traffic at the key Middle Eastern maritime chokepoints of the Strait of Hormuz and the Bab al-Mandab…
Oman oil output rises 10.6%
MUSCAT: Oman’s total oil production rose 10.6 per cent in the first six months of 2026, while crude…
Current price of oil as of July 27, 2026
As of 6:35 a.m. Eastern Time today, oil sold for $90.43 per barrel (using Brent as the benchmark,…
Federal government says Australia’s fuel supply is ‘solid and secure’ as prices climb again
The federal government is moving to reassure motorists about Australia’s fuel supply as petrol prices rise amid renewed…
Oil at $100 is pushing up costs from gas pumps to grocery aisles
Already feeling pinched since the start of the Iran war, consumers are likely to feel more pain ahead…
U.S. bombs Iran for ninth straight night as Tehran strikes Kuwait, Jordan, and Bahrain
The United States bombarded Iran again on Monday after announcing the death of another American service member, and Iran retaliated…
The world is looking ahead toward a post-Iran oil market that offsets most Hormuz volumes
Iran’s chokehold over the Strait of Hormuz remains firmly in place, but global oil markets could nearly eliminate…
Satellite Images Show How Russia Is Winning the Race for the Arctic
Russia has spent the past decade turning the Arctic into a strategic stronghold. Meanwhile, the US has fallen…
Current price of oil as of July 16, 2026
By 5:30 a.m. Eastern Time today, oil had reached $84.64 per barrel, measured using the Brent benchmark. That’s…
Canada Ties New West Coast Pipeline to Oil Sands Expansion
Canada’s biggest oil sands producers, the Alberta provincial government, and the federal government have reached a new milestone…
Renewed Iran Fighting Will Sustain Shift Away From Oil
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