Tag: Brent crude oil

Where did the 23.8-cent petrol price increase come from?

Cyprus October 8, 2026 at 09:48

The petrol price increase of 23.8 cents per litre was driven more by refining and distribution costs than crude oil, according to the Fiscal Council.

How Strait of Hormuz reopening could affect oil and food prices

Economy June 16, 2026 at 11:33

Deal aims to end months of disruption More than three months after the US and Israel first began their war with Iran, the White House...

Oil prices drop slightly as US pauses Project Freedom

International May 6, 2026 at 14:28

Prices ease amid diplomatic signals Oil prices edged lower in Wednesday trade in Asia after US President Donald Trump raised hopes for an agreement with...

Brent crude oil tops $105 after US President’s speech

Economy April 2, 2026 at 10:01

The price of Brent crude oil, the international reference for crude oil, surged past $105 per barrel early this morning, marking a significant rebound....

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