Oil

Oil trades near four-year lows as JP Morgan warns Brent could fall into the $30s by 2027, potentially slashing pump prices by up to 40% amid a historic supply glut.

Jim Manzon Dec 04, 2025

Oil prices hit four-year lows amid Ukraine-Russia peace talks. JP Morgan predicts Brent could plunge to $30s per barrel by 2027, potentially pushing US petrol below £0.80/L.

Jim Manzon Nov 27, 2025

India rejects Trump's claim Modi vowed to end Russian oil imports, standing strong on energy independence amid U.S. tariffs.

Tanmay Puri Oct 17, 2025

Donald Trump has told India to end its purchases of Russian oil or face tariffs of 25% or more, accusing New Delhi of fuelling Moscow's war in Ukraine and threatening a major trade clash.

Giuliano de Leon Aug 06, 2025

The major escalation in the Middle East dragged down futures tied to the Dow Jones Industrial Average by 504 points, while S&P 500 futures and Nasdaq 100 futures declined by 1.25% and 1.35%, respectively.

Niloy Chakrabarti Jun 14, 2025

Trump's reelection could boost IPO activity, make banking regulations more lenient, and buoy energy stocks as he plans to drill from day one of his second tenure as US President.

Niloy Chakrabarti Nov 06, 2024

Billionaire investor Warren Buffett has been heavily investing in energy stocks in recent years as the companies accelerate innovation of low-carbon technologies.

Niloy Chakrabarti Jul 10, 2024

Occidental Petroleum's grand ambitions of low-carbon energy transition caught Warren Buffett's attention. Berkshire Hathaway holds almost 29% stake in the energy firm.

Niloy Chakrabarti Jun 19, 2024

Oil prices experienced a slight decrease after reaching a six-month record. Investors have shrugged off fears of a wider Middle East war disrupting supplies.

Tahlia Kraefft Apr 19, 2024

The company's shift towards trading more in liquefied natural gas (LNG) and increased production offset reduced earnings from refining and oil trading, along with higher operating costs.

Pragati Singh Feb 03, 2024

The energy price cap in Great Britain is set to decrease by 14 per cent, anticipated to bring down annual bills by an average of £268.

Jastine Beatrice Yap Dec 27, 2023

The decline in the Eurozone area economies, notably Germany, that are in or near entering recession would, alongside high oil prices, suggest Euro weakness going forward.

Robert Quartly-Janeiro Dec 14, 2023

CPI reported a year-on-year increase of 6.7 per cent, maintaining the same pace as the previous month, contrary to economists' predictions of a dip to 6.6 per cent.

Pragati Singh Oct 18, 2023

On Wednesday this week, a group of activists for Just Stop Oil took to the stage of a West End Les Miserables production to protest Rishi Sunak approving the drilling for more oil in the North Sea.

Danielle Summer Oct 06, 2023

Climate scientists are shocked by a report that found September 2023 to be the hottest month ever recorded. Experts also warn of another heatwave hitting Europe in October.

Danielle Summer Oct 05, 2023

The latest data from RAC indicates a sharp increase in the average price for a litre of unleaded petrol, reaching £1.45, while diesel prices remain steady at £1.46.

Adewunmi Adedayo Aug 04, 2023

A hike in expected US inflation over the next year comes ahead of next month's federal reserve decision on interest rates. Meanwhile, OPEC cuts increase the price of oil.

Jake Pike Apr 17, 2023

Insight and analysis into the energy market from BDSwiss CEO MENA demonstrates the undetermined nature currently facing one of the world's leading markets.

Ziyad Jamal Feb 22, 2023

The Women's National Basketball Association (WNBA), in a scathing statement, has called for the release of US basketball star Brittney Griner.

Sadhna Yadav Oct 26, 2022

The trade sanctions imposed by western nations along with the European Union on Russia for its invasion of Ukraine have meant that one of the biggest oil and gas exporters is now left with additional stocks of the two resources with nowhere to send them to.

Sadhna Yadav Mar 11, 2022

There seems to be enough market evidence to indicate $80 oil by the summer.

Arthur Villasanta Apr 12, 2019

The prevailing uncertainty in the oil market abetted by OPEC production cuts, the U.S. sanctions on Venezuela oil and other factors can snowball into an energy crunch and impact oil price, warned an industry expert.

Kalyan Kumar Feb 13, 2019

Big Oil had a good year in 2018, helped mostly by higher oil prices.

Arthur Villasanta Feb 11, 2019

With oil demand growth slowing, it's entirely possible that U.S. production alone will increase more than global demand in the next few years.

Adam Levine-Weinberg Nov 12, 2018

32 crew members of the Iranian vessel Sanchi are missing while all those aboard the Chinese ship CF Crystal have been accounted for.

Vasudevan Sridharan Jan 07, 2018

Eleven princes, who were not identified, were taken into police custody after they engaged in a sit-in protest outside a palace.

Vasudevan Sridharan Jan 07, 2018

Saudi Arabia's Crown Prince Mohammed bin Salman says the annual budget is chiefly aimed at improving the living standards of Saudi citizens.

Vasudevan Sridharan Dec 20, 2017

Crude futures slide on perceived uptick in US production and Russian reluctance to go along with cartel.

Gaurav Sharma Nov 27, 2017

Oil and gas giant posts underlying replacement cost profit of $1.87bn in the third quarter, compared to a profit of $933m in the same period of 2016.

Karthick Arvinth Oct 31, 2017

Police in Nigeria's southern Delta state say that a militant group kidnapped the four missionaries at around 2am local time on Friday (13 October).

William Watkinson Oct 18, 2017