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          Oil price

          A petrol station in Abu Dhabi. Petrol prices are to increase in July. Victor Besa / The National

          UAE petrol prices to rise sharply in July

          EnergyJune 30, 2025
          Impact site of a missile attack from Iran on Israel. The conflict has added to volatility in global financial and energy markets. Reuters

          Oil plunges and stocks climb as Israel agrees to ceasefire with Iran

          MarketsJune 24, 2025
          About 20 per cent of global oil transits through the Strait of Hormuz, which is controlled by Iran. Reuters

          Oil prices hit five-month high after US strikes on Iran nuclear sites

          EnergyJune 23, 2025
          The Strait of Hormuz is a waterway between Iran and Oman in the Arabian Gulf that is critical to the supply of oil. Getty Images

          Oil settles lower as US weighs options to join Israel-Iran conflict

          EnergyJune 20, 2025
          Flames rise from an oil storage site after it appeared to have been struck by an Israeli missile in Tehran, Iran. AP

          What happens if Israel intensifies attacks on Iranian energy infrastructure

          EnergyJune 15, 2025
          A pump jack at an oilfield in Midland, Texas. Oil prices have risen after Israel's strikes on Iran. Reuters

          Oil prices surge after Israel's strikes on Iran

          EnergyJune 13, 2025
          US President Donald Trump said he was unhappy with the recent rise in oil prices. EPA

          Trump frustrated with rising oil prices and Fed's Powell

          EnergyJune 12, 2025
          Crude was also boosted by the trade truce reached between the US and China this week. Getty Images

          Oil prices fall but face volatility from US-Iran tension

          EnergyJune 12, 2025
          Wildfire smoke near Trutch, British Columbia, Canada, on Friday. Wildfires are threatening about 5% of Canada's crude output as a blaze in Alberta's oil sands region spreads and approaches major production sites. Bloomberg

          There's a less popular reason why Opec+ is unwinding oil cuts

          EnergyJune 03, 2025
          Brent and WTI prices are down 1.5 per cent this week and are heading for their second weekly drop. PA

          Oil prices down for a second week ahead of Opec+ output decision

          EnergyMay 30, 2025
          US President Donald Trump hinted about a possible nuclear deal with Iran during a business roundtable in Doha, Qatar. AP Photo

          Oil prices fall more than 3% on Iran nuclear deal prospects

          BusinessMay 15, 2025
          US President Donald Trump, centre, announces a trade agreement between the US and the UK in the Oval Office. EPA

          Oil posts weekly gains on trade talks optimism

          EnergyMay 09, 2025
          Pump jacks at sunset in Midland, Texas. Oil prices have taken a hammering in recent weeks as the tariff war clouds crude demand outlook. Reuters

          Oil prices slump on Opec+ decision to accelerate production

          EnergyMay 05, 2025
          Opec's output decision, together with US trade tariffs, helped to drive oil prices below $60 a barrel to a four-year low in April. Reuters

          Opec+ announces June output increase of 411,000 barrels a day

          EnergyMay 03, 2025
          Iranian and US officials during the second round of indirect talk in Rome, Italy on April 19, 2025. Positive talks between the US and Iran over Tehran’s nuclear programme are impacting oil prices. EPA

          Oil prices record weekly loss on oversupply concerns

          EnergyApril 25, 2025
          A worker walks past infrastructure on D Island, the main processing hub, at the Kashagan offshore oil field in the Caspian sea in western Kazakhstan August 21, 2013. After costing nearly $50 billion, mostly paid by some of the world's top oil companies, Kashagan may now be delayed until 2015, jeopardising a forecast budget boost for Kazakhstan of $28 billion - about a third - between 2014 and 2016. Picture taken August 21, 2013. To match Insight KAZAKHSTAN-KASHAGAN/INSIGHT REUTERS/Stringer (KAZAKHSTAN - Tags: ENERGY BUSINESS ENVIRONMENT)

          Why are oil prices so volatile and where are they heading?

          EnergyApril 24, 2025
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