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World

Web Desk
Jun 23, 2025

Oil prices choppy as investors weigh supply risks after US bombs Iran

Investors are still weighing up the extent of the geopolitical risk premium, given the Middle East crisis has yet to crimp supply.

World

Web Desk
Aug 01, 2024

Rising Middle East tensions, declining inventories push global oil prices higher

Global oil prices continued their upward trajectory on Thursday, following a nearly 4 per cent surge the previous day due to escalating geopolitical tensions in the Middle East.

World

Web Desk
Jul 12, 2024

Global oil prices record modest increase

On Friday, global oil prices experienced an uptick due to indications of easing inflationary pressures in the United States.

World

Web Desk
Jan 10, 2024

Global oil prices surge amid supply disruptions

In response to the recent Middle East crisis and a Libyan supply outage, oil prices experienced a notable surge on Tuesday, rebounding from the previous day’s substantial losses.