Browsing: crude oil

– In July 2026, Japan achieved historic highs in both imports and exports, driven by rising energy prices and increased demand for semiconductors, which boosted trade values. Imports jumped 27.8% year-on-year to approximately 12.15 trillion yen. Exports grew by 23.2%

Wall Street closed lower on Monday as a sharp technology selloff and surging oil prices pulled major U.S. stock indexes down. The Nasdaq Composite dropped 1.55% to 25,873.18, ending a three-session winning streak. The S&P 500 fell 0.79% to 7,515.34.

Oil prices surged nearly 10% on Monday as renewed U.S.-Iran conflict focused attention on the Strait of Hormuz. Brent crude futures for September delivery gained $7.29, or 9.6%, to settle at $83.30 a barrel. U.S. West Texas Intermediate crude rose

Gold dropped about 3% on Monday, July 13, falling below $4,000 an ounce as oil prices surged and expectations for higher U.S. interest rates strengthened. Spot gold fell to $3,996.76 per ounce, its lowest level in two weeks. U.S. gold

Oil prices climbed more than 4% on Monday, extending an earlier surge that carried Brent crude to $78.68 a barrel. Brent later rose $3.10, or 4.08%, to $79.11 by 3:25 a.m. GMT. U.S. West Texas Intermediate gained $2.95, or 4.11%,

Oil prices settled higher Tuesday, with Brent crude futures rising 3.01% to $74.16 a barrel. U.S. West Texas Intermediate crude gained 2.76% to $70.44 a barrel. Brent added $2.17 for the session. WTI rose $1.89. Trading later extended gains after

South Korea and Japan agreed to launch a new energy cooperation framework after President Lee Jae Myung and Prime Minister Sanae Takaichi held summit talks in Andong, adding fuel supply resilience to a widening bilateral agenda that also covers security,

MUMBAI: India’s rupee recorded the strongest gain among major Asian currencies after rebounding from a record low, helped by official support measures as the Reserve Bank of India reiterated its approach of smoothing excessive currency volatility rather than defending a

CAIRO: Egypt’s Ministry of Petroleum and Mineral Resources said crude oil production has started from a new well, Belayim Marine 133, in the Belayim Marine field in the Gulf of Suez. The ministry reported an initial production rate of about

Oil prices continued their upward trend, settling above $72 per barrel amid ongoing supply uncertainty and a weak dollar, which made dollar-denominated commodities more attractive to investors. The rise marked the third consecutive session of gains as concerns over potential supply