Iran’s Parliament has reportedly approved measures on the closure of the Strait of Hormuz, but the final decision on it must be made by the…
Posts tagged as “oil prices”
The dollar tested its 2025 low on Thursday, while stocks eased from record highs, as a mixture of rising Middle East tensions and concern over…
Net profits of oil giant Saudi Aramco declined 4.6% in the first quarter, the company said on Sunday, citing lower sales and higher operating costs.…
U.S. President Donald Trump on Wednesday said he was reversing a license given by his predecessor, Joe Biden, more than two years ago to the…
Saudi Arabia and allied oil-producing countries agreed on Sunday to extend most of their deep oil output cuts well into 2025, exceeding market expectations, as…
Oil prices steadied on Monday morning amid political uncertainty in major producing nations following the death of Iran’s president and other officials in a helicopter…
No progress has been made in long-standing talks for international oil companies to resume exporting crude from the semi-autonomous entity controlling Iraq’s north to Türkiye,…
Asian shares fell and gold prices were slightly up early on Monday as risk sentiment soured and fears of a wider regional conflict kept traders…
Saudi oil giant Aramco on Sunday reported it made $121.3 billion in profit in 2023, down from its 2022 record due to lower energy prices,…
Major oil producers and members of the OPEC+ group, led by Saudi Arabia and Russia, agreed on Sunday to extend voluntary oil output cuts of…