Oil price hits 10-month high

Electricity prices in the country have soared since the government cut energy subsidies to obtain a $3bn bailout from the International Monetary Fund leading to protests. We hear how this is impacting individuals and businesses. Also in the programme, we get the latest from Gabon ...  Show more

US commerce secretary, Gina Raimondo, is calling on Beijing to reduce the risk of doing business in China for American companies. 

While the global oil market has seen a decrease in demand, supply issues are still prevalent, leaving investors to question where oil prices are headed next.

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Welcome to Thoughts on the Market. I'm Martijn Rats, Morgan St ...

Oil demand has been higher than expected so far in 2024. Our Global Commodities Strategist explains what could drive oil to $95 per barrel by summer.

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Welcome to Thoughts on the Market. I’m Martijn Rats, Morgan Stanley’s ...

US equities could hardly consolidate gains they posted following the Wednesday’s softer-than-expected inflation data in the US, even as the producer price index printed the first monthly decline since April 2020. The barrel of US crude rebounded to $94 as the International Energy ...  Show more

Oil prices in Canada skyrocketed this week as sanctions on Russian energy effectively shut the world’s third largest oil supplier out of the market following its invasion of Ukraine. The United States and the United Kingdom moved to ban Russian oil imports. Even the European Unio ...  Show more