The bank cited two main changes in the oil markets.

Sensex Nifty Today | Stock Market Live Updates: The Indian domestic indices close on a positive note taking cues from the ...

Former Philippine President Rodrigo Duterte said he takes full responsibility for his administration's "war on drugs", in a ...

Switzerland's financial market regulator FINMA on Monday declined to comment on the "adverse opinion" expressed by UBS's ...

Iran's First Vice President Mohammadreza Aref stated that Iran is striving to become a regional energy hub, emphasizing that ...

Stranded Iranian cargoes have offloaded their crude at Shandong, the key import terminal for China’s independent refiners, ...

Ukraine's potential agreement to a US-negotiated ceasefire could have far-reaching consequences for the global commodity ...

Iran's parliament sacked the country's finance minister on Sunday after impeaching him over soaring inflation and a plunging currency, state television reported.

Rising production costs, weaknesses in global marketing, changing consumer preferences, and economic sanctions have led to a decline in Iran’s share of this market. At the same time, both historical ...

OFAC sanctioned Behrouz Parsarad, an Iranian national who allegedly controlled the Namesis darknet marketplace and its crypto ...

The aim is to boost supply to the global market and keep prices in check, giving the U.S. more room to pursue efforts to choke off Iranian oil exports. Iraq’s negotiations with the semi ...

The Trump administration just turned up the heat on Iran’s oil operations, slapping fresh sanctions on Iran’s oil minister ...