Tag: global oil market

Oil prices fall amid expectations of a US-Iran agreement

Oil prices fell by more than 5% during early trading in Asian markets on Monday amid expectations that the United States and Iran could...

China holds largest oil reserves of 1.4bn barrels

China has built one of the largest crude oil stockpiles in the world, with estimates suggesting its reserves have reached around 1.4 billion barrels,...

BP profits more than double as oil prices continue to climb

Oil prices drive profit jump BP's profits for the first three months of the year have more than doubled following a surge in oil prices...

How war in Iran is worst-case scenario for Middle East

Strait of Hormuz tensions expose global risk The Strait of Hormuz has re-emerged as one of the world’s most sensitive geopolitical chokepoints, as regional tensions...

New rise in oil prices

Global oil prices rise again after sharp losses earlier, following conflicting statements about possible talks between the United States and Iran. Prices had dropped by...

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“Every rescue is a miracle”: Fears grow for people trapped in Venezuela

As authorities await the latest death toll from the...

53-year-old found seriously injured in Ayia Napa

A 53-year-old man is in critical condition and on...

Tensions at exhibition opening for creator of breakaway state flag

An exhibition titled A Slight Indisposition, which opened at...

Police crackdown leads to 10 arrests

Police maintained a strong presence across Cyprus overnight, carrying...
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