Crude oil prices have risen dramatically, reversing a trend of decline observed earlier. On July 14, Brent Crude hit $86.07 per barrel for the first time since June 12. This increase is attributed predominantly to escalating...
The Philippines has officially declared a national energy emergency, citing an “imminent danger” to its fuel supplies. This alarming decision comes as ongoing conflicts in the Middle East threaten global oil availability. President Ferdinand Marcos Jr....
There is something almost Kafkaesque about the scene that played out on March 5, 2026. The United States Treasury Secretary, Scott Bessent, posted on...
Global oil markets are currently experiencing notable volatility as conflicts in the Gulf region lead to significant increases in crude prices. In response, finance...