Despite recent volatility and rising conflicts between Israel and Iran, Brent crude oil prices are expected to average around USD 70 per barrel in FY26, according to a report by Emkay Research.

The unexpected attack by Israel on Iran, a major oil-producing nation, may undermine anaemic global economic growth and hinder central banks’ ability to cope in an already uncertain market. Iran ...

Shell (NYSE:SHEL) is being "very careful" with shipping in the Middle East and warned of a major impact to global trade if ...

Russian President Vladimir Putin offered to mediate between Israel and Iran, proposing a peaceful nuclear path for Tehran ...

West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $73.52 per barrel, up from Wednesday’s close at $72.94. Brent Oil Exchange Rate (Brent crude) ...

The Organization of the Petroleum Exporting Countries (OPEC) said on Monday it would keep its forecasts for global oil demand ...

Israel-Iran hostility continues By Udeme Akpan, Energy Editor THE price of Nigeria’s Bonny Light, yesterday, rose to $76.60 per barrel from $73 per barrel at the backdrop of the continued hostility ...

ST. PETERSBURG, June 19. /TASS/. The Iranian society is consolidating around the country’s political leadership, Russian President Vladimir Putin said.

Azerbaijan is steadily advancing its strategic outreach to the Persian Gulf region, fostering robust partnerships with Saudi ...

A round-up of news from around the region, including a mining company in PNG celebrating achieving its production targets, ...

Russian President Vladimir Putin offered Wednesday to help mediate an end to the conflict between Israel and Iran, suggesting ...

Brent fell toward $76 a barrel after closing marginally higher on Wednesday, while West Texas Intermediate traded at $75.