Browsing Tag
Brent crude
60 posts
‘Make Iran great again’: Trump demands full surrender, vows to pick Iran’s next leader
Trump demands Iran's unconditional surrender, rejecting any deal. Oil hits $90. Iran vows to fight on as Strait of Hormuz remains closed and markets fall.
Oil crosses $90 as Gulf states run out of storage: Kuwait cuts, Qatar declares force majeure
Brent crude hit $92.69 and WTI closed at $90.90 as the Strait of Hormuz closure forced Kuwait output cuts and Qatar to warn of $150 oil within weeks.
World’s biggest oil chokepoint closed: What the Iran crisis means for energy prices globally
Iran closes the Strait of Hormuz after US-Israel strikes; Brent crude surges 14% to $83, European gas up 70% as QatarEnergy halts LNG production.
Iran threatens $200 oil as Strait of Hormuz closure declaration sends markets into shock
Iran's IRGC declared the Strait of Hormuz closed March 3, 2026, threatening vessel strikes as Brent rose 13% and Maersk suspended all Persian Gulf transit operations.
Can Ecopetrol’s $7.2bn capex keep production stable while going green?
Ecopetrol plans to invest up to $7.2 billion in 2026, prioritizing oil production and operational discipline while cautiously advancing energy transition goals.
As oil falters, Halliburton swings the axe—how bad are the layoffs really?
Halliburton cuts up to 40% of staff in key divisions, Reuters reports. Find out what triggered the layoffs and how oil’s decline is reshaping services.
A 6M barrel surprise: Why oil prices just surged despite Ukraine peace talks
Oil prices surged on August 20 after a 6M barrel U.S. crude draw surprised investors. Find out what’s fueling this rally and what could come next.
Saudi Aramco Q1 2025 earnings: Profit falls 4.6% as oil prices dip, but dividend commitment holds firm
Saudi Aramco Q1 2025 profit dips 4.6% despite higher revenue. Find out how oil prices, capex hikes, and investor sentiment shape Aramco's outlook.
Trump’s new tariffs send oil prices crashing to 2021 lows—global fuel demand in jeopardy?
Find out how Trump’s latest tariffs are shaking global oil markets and threatening demand—Brent and WTI hit multi-year lows amid trade war escalation.
OPEC+ delay prompts Saudi Aramco to slash Asian oil prices
In a strategic move reflecting the complexities of the global oil market, Saudi Arabian Oil Company (Saudi Aramco)…