Brent crude price 2026 News

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• UAE's Departure from OPEC a 'Radical Move' Driven by Production Ambitions, Says Expert

  Published: Apr 29, 2026

  Section: Business & Economy

  The United Arab Emirates’ (UAE) shock decision to withdraw from the OPEC and OPEC+ oil cartels has been characterized as a "radical move" by New Zealand energy experts. Speaking to...

• Australia Slashes Fuel Tax to Combat "Record" Price Surge from Iran War

  Published: Mar 30, 2026

  Section: Business & Economy

  On Monday, March 30, 2026, Australian Prime Minister Anthony Albanese announced a significant emergency relief package to shield households and businesses from soaring energy costs...

• Oil Prices Climb as Investors Reassess Ceasefire Prospects Amid Middle East Conflict

  Published: Mar 26, 2026

  Section: Global Economy

  Global oil benchmarks rose approximately 2% on Thursday, reversing previous losses as hopes for a swift diplomatic resolution to the Iran war dissipated. The market remains on edge...

• Commentary: Crude Oil's Catch-22—How Market Pricing Prolongs the Gulf Conflict

  Published: Mar 23, 2026

  Section: Markets

  In a paradoxical twist of financial logic, the crude oil futures market may be inadvertently extending the very conflict it hopes to see resolved. As of Monday, March 23, 2026, Bre...