Commodities

May 3, 2026
Noah
Commodities

Oil price surge boosts Nigeria’s revenue by N5trn as fuel costs

Nigeria’s fiscal outlook has received a significant boost following a sharp rise in global crude oil prices triggered by tensions linked to the United States–Iran conflict, with government earnings...

May 3, 2026
Noah
Commodities

US blockade pressures Iran as oil storage nears capacity

## Market Snapshot Kharg Island control by June 30 is priced at 11.5% YES, down from 12% over the last 24 hours. The WTI Crude Oil market remains active,...

May 3, 2026
Noah
Commodities

Octopus Energy new bill rise ‘tomorrow’ as Martin Lewis says ‘I’m afraid the only option is’

Some Octopus Energy customers complained they were only informed about the changes two weeks ago Energy giant Octopus increased prices and gave customers less than 2 weeks’ notice(Image: Getty...

May 3, 2026
Noah
Commodities

Energy security and economy still depend on oil

In recent years, the world has witnesses record investment in environmentally friendly renewable energy, rapid advances in battery technology and ambitious net‑zero commitments, all supported by sharply falling costs....

May 3, 2026
Noah
Commodities

California braces for uncertainty as last shipment of Persian Gulf oil arrives in Long Beach

The last California-bound oil tanker to pass through the Strait of Hormuz since war erupted is at the Port of Long Beach offloading its valuable cargo — 2 million...

May 3, 2026
Noah
Commodities

LPG hiked but why do petrol and diesel prices remain unchanged? Government’s oil policy explained – Business News

Commercial LPG prices were raised by Rs 993 per 19 kg cylinder on Friday — the steepest climb in a series of hikes announced since the beginning of 2026....

May 3, 2026
Noah
Commodities

Tanker Carrying Russian Oil to Arrive in Japan amid Hormuz Closure

Tokyo, May 3 (Jiji Press)–The first tanker carrying Russian crude oil since the closure of the Strait of Hormuz in the Middle East is seen arriving in Japan as...

May 3, 2026
Noah
Commodities

State elections outcome, oil prices, earnings major drivers for stock markets this week: Analysts

Stock markets are likely to be guided this week by the outcome of state elections and high crude oil prices amid the West Asia conflict, say analysts. The developments...

May 3, 2026
Noah
Commodities

US-Iran War Impact? Kuwait Crude Oil Exports Drop to Zero for First Time Since Gulf War

In the first time over three decades, Kuwait did not export any crude oil during April, reported ANI, citing the TankerTrackers website. In a post on X, the monitoring...

May 3, 2026
Noah
Commodities

Oil price hits highest since 2022 after report Trump to be briefed on new Iran options

The US said it would blockade Iranian ports for as long as Tehran continues to threaten vessels that try to use the Strait of Hormuz, severely disrupting global energy...