Keywords: Brent crude


Strait of Hormuz tensions drive oil tanker rates to record highs

Oil tanker shipping costs have surged to unprecedented levels as vessels increasingly head toward the Middle East to take advantage of elevated freight rates linked to risks around the Strait of Hormuz. The shift is tightening the global supply of available tankers and raising transportation costs across......

Oil surge tests Morocco’s economy as energy bill jumps 29.1%

Morocco is absorbing a sharp rise in global energy prices without allowing the shock to translate immediately into broad-based inflation. By the end of August, consumer prices had increased by just 0.3%, even as Brent crude climbed to around $116 a barrel on September 22. The contrast highlights the......

US Treasury yields hit highest level since 2002 as global bond sell-off deepens

U.S. Treasury yields surged to multi-decade highs on Thursday as rising oil prices and renewed inflation concerns intensified a global sell-off in government bonds. The yield on the benchmark 10-year Treasury note climbed as high as 5.34%, its highest level since 2002, as investors reassessed the outlook......

Hormuz disruptions push 2026 oil price forecasts higher

Oil market expectations for 2026 have moved higher as continued disruptions in the Middle East and reduced flows through the Strait of Hormuz raise concerns about the pace at which global crude supplies can return to normal. A Reuters poll of 30 economists and analysts showed that the average forecast......

TotalEnergies boosts share buybacks as Brent crude prices surge

Rising oil prices are giving TotalEnergies greater financial room to return capital to shareholders, prompting the French energy group to increase its share-buyback ambitions for 2026. The company initially set a target of between $3 billion and $6 billion in share repurchases for the year, based on......

Oil prices rise as markets watch for possible US-Iran talks at the UN

Oil prices moved higher on Tuesday as investors monitored the possibility of diplomatic contacts between the United States and Iran during the United Nations General Assembly meetings in New York. By 09:15 Moscow time, October West Texas Intermediate futures had gained 1.69% to trade at around $97.40......

Morocco fuel prices set for another rise as diesel remains above gasoline

Fuel prices in Morocco are expected to rise again on Wednesday, with diesel remaining more expensive than gasoline as international oil markets continue to face supply pressures. The expected adjustment comes just two weeks after the previous increase. Diesel prices had already risen by 6 centimes per......

Global banks raise Brent forecasts as oil supply risks intensify

Major investment banks are raising their forecasts for Brent crude prices as persistent disruptions to shipping routes in the Middle East increase concerns over the security of global oil supplies. Oil prices have moved above the $100-a-barrel threshold amid growing fears that prolonged disruptions......

Oil prices head for first weekly close above $100 since May

Oil prices are on track to end the week above $100 a barrel for the first time since May, as escalating attacks and growing security risks across the Middle East fuel concerns over prolonged disruptions to global energy supplies. Despite a decline in prices during Friday’s trading session, both......