Fighting between Iran and Israel impacted North Africa, where surging prices may disrupt budgets and plans. But for North Africa's energy exporters, higher oil prices are a reason to cheer.
Oil rose about 1% on Thursday supported by optimism over China's demand outlook and hopes that upcoming inflation data from the United States will point to a slower increase in interest rates.
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Oil prices jumped by 3% on Tuesday on hopes for a relaxation of China's strict COVID-19 controls after rare protests in Chinese cities over the weekend.
Brent crude futures gained $2.50, or 3%, to…
World stocks and oil prices fell on Monday as fresh COVID-19 curbs in China fueled worries over the global economic outlook.
The safe-haven dollar rallied, while the U.S. Treasury yield curve…
Oil prices rose on Tuesday as worries about tight fuel supplies ahead of winter offset investor concerns about falling demand in China, the world's biggest crude importer.
Brent crude gained 78…
Oil prices rose on Monday as Iranian nuclear talks appeared to hit obstacles and an embargo on Russian oil shipments loomed, with tight supply struggling to meet still robust demand.
Brent crude…
A tentative return of risk appetite to global stock markets and rebound in oil prices at the end of last week helped lift major Gulf equities, though they remained vulnerable to rate hikes and demand…
Oil prices rose by as much as $1 per barrel on Thursday after dropping below key technical support levels in the previous session, as an energy standoff between Europe and Russia focused investor…
Oil prices rose more than 3% on Monday, extending gains as OPEC+ producers agreed on a small oil production cut to bolster prices.
Brent crude futures for November delivery rose $3.43 to $96.45 a…
Beijing would like the week to mark a historic turning point in which a unipolar world finally gave way to multipolarity. To others, it was just tub-thumping bravura. In reality, it was a bit of both.
The country now sits at an energy crossroads: will its recovery be anchored in oil and gas, or will it seize the chance to lean into renewables and build something more resilient?
After Israel dealt Iran and its regional axis a string of crippling blows last year, Lebanon now finds itself better-positioned to reclaim its eroded state sovereignty. Will it grab the chance?
Recent books from Yemen, Egypt, and Syria take a new look at the 10th-century philosopher's famed letter 'The Epistle of Forgiveness', which is said to have inspired Dante's 'Divine Comedy'
An earthquake in Afghanistan earlier this week levelled entire villages and left people trapped under rubble for days, but in the shadow of the Hindu Kush, saviours were thin on the ground