Portugal has seen a sharp increase in fuel prices this week, with diesel rising by 23 cents and petrol by 7.5 cents, creating ripples across European and global markets. This surge…
Rumours of a potential fuel crisis linked to the ongoing conflict in Iran have sparked widespread panic in Lakhimpur District, Uttar Pradesh, leading to panic buying and long queues at petr…
The Indian rupee gained 2 paise to reach 91.62 against the US dollar following the US government's decision to allow Indian refiners to purchase Russian oil. This development, which occurre…
Zimbabwe has raised fuel prices significantly as global oil tensions escalate, impacting local consumers and businesses. The Zimbabwe Energy Regulatory Authority announced the changes on 1s…
In a recent statement, South African Minister of Forestry, Fisheries and the Environment, Barbara Creecy, confirmed that the government is ‘closely watching’ the impact of soaring oil price…
In a striking dismissal of rising gas prices, President Trump downplayed concerns during a recent White House briefing, amid escalating tensions between the U.S. and Iran that are unsettlin…
European leaders have expressed caution following a major military strike by the United States and Israel on Iran, raising concerns over stability in the Middle East and its implications fo…
Bahrain's National Communication Centre confirmed on Monday that Iranian missile strikes targeted the state-run Bapco Energies oil refinery in a significant escalation of regional tensions.…
The Formula 1 race in Melbourne has kicked off with a wave of technical surprises, highlighting both innovation and challenges amid global uncertainties. The event, taking place this weeken…
In a recent statement, South Africa's Minister of Forestry, Fisheries and the Environment, Barbara Creecy, revealed the government's vigilant monitoring of the rising oil prices and jet fue…
Nigeria's automobile retail sales surged by 26% in February 2023, driven by sustained consumer demand and a recovering economy. This notable boost in sales comes as the nation grap…
As oil prices continue to rise, Nigerian Oil Marketing Companies (OMCs) are bracing for tighter profit margins, while upstream companies like Oil India stand to benefit significantly. This …
