OIL AND GAS

Supermarkets Hold Delivery Fees despite Fuel Price Surg..

Major Australian supermarkets say they will not increase delivery fees despite rising fuel costs, absorbing pressure amid ongoing oil price volatility...

IEA Announces Record 400 Million Barrel Oil Reserve Rel..

IEA member countries unanimously agreed to release 400 million barrels of emergency oil stocks the largest in history to offset supply lost from the e...

Oil Prices Drop after Surging to $119 as Trump Warns Ir..

Oil prices swung wildly, plunging from a four-year high of $119 to below $90 after President Trump signaled the Iran war could end soon, simultaneousl...

Analysts Warn of Largest Oil Supply Disruption in Histo..

Analysts warn the US-Iran conflict could trigger the largest oil supply disruption in history. A Strait of Hormuz closure threatens 20M barrels daily,...

U.S. Crude Stockpile Surge Weighs on Oil Prices amid Ir..

U.S. crude inventories surged 8.5 million barrels to their highest level since June 2025, pressuring oil prices despite ongoing geopolitical tensions ...