Tag: Oil prices

Oil prices above $110 and will take years to fall

Economy October 20, 2026 at 16:52

Global energy markets are more than a year away from returning to normal and remain highly vulnerable to “overlapping crises” in the Middle East,...

Oil prices near $107 as fuel costs in Cyprus face pressure

Economy October 14, 2026 at 15:57

Oil prices climbed towards $107 a barrel on Wednesday after fresh attacks on commercial vessels in the Strait of Hormuz and Saudi Arabian energy...

AI investment supports global growth, but war and debt threaten outlook

Economy October 13, 2026 at 14:59

The International Monetary Fund (IMF) expects global economic growth to reach 3.1% in 2026, as strong investment in artificial intelligence (AI) helps offset the...

Oil prices tumble as stock release talks ease supply fears

Economy October 2, 2026 at 14:30

Oil prices fell more than 2% on Friday, while European gasoil futures dropped around 5%, after reports that governments were discussing additional diesel and...

Cyprus diesel prices hit record average of €1.997 per litre

Cyprus September 25, 2026 at 16:00

Cyprus diesel prices reached a record high on Friday, with the average price climbing to €1.997 per litre. The Cyprus Consumers Association and the...

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