Oil Price Surge News

Latest Articles

• Advocacy Groups Demand New Zealand Withdraw from US Led Strait of Hormuz Initiative

  Published: May 2, 2026

  Section: Politics

  Prominent peace activists are mounting pressure on the New Zealand government to formally reject an invitation from the United States to assist in reopening the Strait of Hormuz. T...

• South Korea Implements Flexible Commuting and Off-Peak Incentives to Counter Energy Crisis Amid Middle East Conflict

  Published: Apr 4, 2026

  Section: Asia

  The presidential office has unveiled a strategic plan to disperse public transportation demand and reduce national energy consumption in response to soaring oil prices. Presidentia...

• Global Crude Oil Benchmarks Hit Four Year Highs As Persian Gulf Conflict Threatens Strategic Energy Shipping Routes

  Published: Apr 4, 2026

  Section: Africa

  WTI crude futures have surged past 112 dollars per barrel while Brent crude exceeded 109 dollars following intensified military rhetoric in the Persian Gulf. The market rally refle...

• Nigeria Eyes Strategic Revenue Windfall and Marginal Field Expansion Amid Global Oil Price Surge Above $100

  Published: Mar 16, 2026

  Section: Africa

  NUPRC board nominee Magnus Abe informed the Senate that Nigeria is strategically positioned to leverage rising crude prices for upstream investment and gas optimization. Despite do...