Oil closes at its highest value in 14 months; analysts evaluate that Brazil is more prepared for shocks
International oil prices surged following Iran's announcement about closing the Strait of Hormuz, prompting evaluations that Brazil is better equipped to handle external shocks.
South Africa: Fuel Prices to Rise From Wednesday
South Africa's fuel prices will increase by between 20 to 65 cents per litre starting Wednesday due to local and international factors.
Stock Market: Sell-off over 3% in Athens โ More than 5 billion euros vanished
The Athens Stock Exchange plummeted, losing over 5 billion euros due to international market turmoil sparked by military conflict in the Middle East.
War may impact fuel prices, but Brazil is not at risk of fuel shortages
The conflict in Iran is pressuring Brazil's Petrobras due to rising international oil prices, although the country is not in immediate danger of fuel shortages.
Iran's Hormuz Strait Blockade Causes 'Oil Price Emergency'... Uncertain Impact of OPEC+ Production Increase
Iran's blockade of the Strait of Hormuz and attacks on civilian ships have sparked a surge in oil prices globally, raising concerns over the stability of supply.
World market prices for oil have skyrocketed
Global oil market prices have seen a significant increase recently.
International crude oil 'April futures' rise 7.3% to $71.91... at one point surged 12%
Crude oil prices surged to $75.33 per barrel but later stabilized at $71.91 amid rising tensions in the Middle East following attacks on Iran.
The Fear of $100 International Oil Prices from Iran... Decrease in Korean Exports and Increased Production Costs
International oil prices are projected to rise sharply due to U.S. and Israeli attacks on Iran, affecting South Korea's exports and production costs.
Closure of the 'Energy Artery' Hormuz Strait... Concerns over skyrocketing oil prices and shipping costs
The Korea International Trade Association held an emergency meeting to discuss logistics amid concerns over the Hormuz Strait blockade by Iran, which is crucial for Middle Eastern exports.
Petrobras raises aviation kerosene prices by 9.4% starting this Sunday
Petrobras announced a 9.4% increase in the average selling price of aviation kerosene to distributors, effective this Sunday, due to rising international oil prices.
Dollar opens watching US data, tariff decision, and unemployment in Brazil
The dollar opens the session focused on both domestic and international scenarios, with expectations around US consumer prices and Brazil's unemployment rates.
Import Prices Rise for Seven Consecutive Months Due to Raw Material Costs
Despite declines in international oil prices and the won-dollar exchange rate, import prices in South Korea have risen for the seventh consecutive month due to increased raw material costs.
Global oil demand will increase less than expected in 2026, says the IEA
Global oil demand is projected to increase more slowly than anticipated this year, according to the International Energy Agency (IEA).
Extension of Fuel Tax Cut Until End of April: Gasoline Prices Reduced by 57 Won per Liter Continues
The South Korean government has extended the temporary reduction in fuel taxes until the end of April, continuing a gasoline price decrease of 57 won per liter.
The search for new oil reserves in Brazil falters and completes a decade of stagnation
Brazil has reached the end of 2025 confirming a decade of stagnation in the search for new oil exploration frontiers due to declining international prices and environmental licensing challenges.
America has at least temporarily eased tensions with Iran. The oil market reacted immediately
Oil prices fell to around $63 per barrel on international markets following the easing of tensions between Iran and the US, as the threat of American military intervention subsided.
Oil prices drop by 3% after Trump's statements on Iran
Oil prices fell by up to 3% in international markets following Donald Trump's remarks indicating an end to 'the killings' in Iran.
Olive oil: The 'system' that inflates prices
The article discusses how price inflation in the olive oil market is influenced by international price dynamics and local practices such as stock retention and shelf manipulation, as revealed by two studies from the Competition Commission.
Oil prices exceeded 65 dollars due to concerns about supply from Iran
Oil prices have exceeded $65 on international markets due to investor concerns over potential supply disruptions from Iran amid unrest and signals from Washington regarding possible intervention.
The United States will need more than a decade to revive Venezuela's oil El Dorado
The article discusses how the United States will require over a decade to restore Venezuela's once-thriving oil industry, which has suffered due to mismanagement, corruption, and fluctuating international prices.
Oil prices exceed 61 dollars
Oil prices surpassed 61 dollars on international markets amid speculation regarding potential risks in U.S. plans for supply from Venezuela.
USA - Venezuela: Negotiation for oil, debts, and compensations
A member of Venezuela's state oil company PDVSA conveyed that the U.S. cannot acquire Venezuelan oil without paying international prices, emphasizing that Venezuela owes nothing to the U.S. for its crude.
Oil prices rise, traders troubled after attack on Venezuela
Oil prices increased on international markets on Monday due to concerns among traders following the U.S. attack on Venezuela.
Oil prices rise after attack on Venezuela and arrest of Maduro
Oil prices have surged to $62 on international markets following an American attack on Venezuela, which has unsettled traders.
Oil: Fluctuations in Prices with Eyes on the Future of Venezuela
Oil prices saw fluctuations as investors assessed the potential impact of the arrest of Venezuelan President Nicolรกs Maduro on global crude supply.