Oil prices fell slightly on Wednesday as investors gauged the impact of a US-Iran peace deal, while uncertainty over full resumption of shipping through the Strait of Hormuz limited...
Two tankers that were heading to Africa have changed course and are now moving to the Middle East. One of the tankers, a Suezmax, which was originally sailing for...
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 8.33 million barrels in the week ending June 12. Analysts had expected a...
The funding, approved by the BRICS-backed lender during a board meeting in Shanghai, will support investments in water supply, sanitation, electricity distribution and waste-management systems across Johannesburg, Tshwane, Ekurhuleni,...
Gold prices rose more than 1% on Tuesday as expectations of an interest rate hike from the US Federal Reserve this year eased, following an interim US–Iran peace deal...
Flutterwave Inc., one of Africa’s most valuable fintech startups, has sold an equity stake to Ripple, a leading provider of blockchain-based enterprise solutions for traditional and digital finance globally....
US stocks have rallied on hopes that the tentative deal to end the US-Israel war on Iran will restore stability to energy supply chains roiled by months of disruption...
ONGC Videsh Ltd (OVL), the overseas unit of India’s state-owned Oil and Natural Gas Corporation (ONGC), considers reviving operations at its two onshore oil assets in Venezuela as the...
Morgan Stanley and Goldman Sachs cut their forecast for oil prices towards the end of the year and 2027 following developments in the peace negotiations between the United States...
The United States and Iran have successfully concluded a historic peace framework, resulting in the immediate lifting of the United States naval blockade and the slated reopening of the...