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Home > Latest

Lates News

date
03/04/2026
Fitch Ratings on Qatar Energy Company: Even if the Strait of Hormuz is closed for two months, Qatar Energy is still able to handle the resulting losses.
Latest
9 m ago
OpenAI: ChatGPT is now available on Apple's car system CarPlay.
9 m ago
Evening futures market closing
11 m ago
The cryptocurrency market has dropped by about 3%, Solana has fallen over 5.2%, and Ether has dropped over 3.3%.
11 m ago
On Thursday, the spot Brent crude oil (the benchmark for physical crude oil delivery in the North Sea) broke through the high of $140 per barrel, reaching its highest level since 2008. According to S&P Global, the price of Brent crude oil delivered in the North Sea region reached $141.37 per barrel, the highest level since 2008. The closure of the Strait of Hormuz has now lasted for over a month, resulting in the largest supply disruption in the history of the oil market, as reported by the International Energy Agency. The strait accounts for about one-fifth of global oil shipping, and refineries have been struggling to obtain any oil they can in recent weeks. Just a day ago, spot Brent crude oil was slightly below $128 per barrel, but the current price is higher than the peak during the 2022 Russia-Ukraine crisis. While benchmark Brent crude oil futures prices are still below the levels at that time, spot Brent crude oil prices represent the price of crude oil traded in a shorter period of time.
12 m ago
The global benchmark for spot crude oil prices broke through $140 per barrel on Thursday, reaching a new high since 2008. Data released by S&P Global shows that the North Sea crude oil spot price index, Brent, rose to $141.37 per barrel, the highest level since 2008. The International Energy Agency stated that the closure of the Strait of Hormuz for over a month has caused the largest supply disruption in the history of the oil market. This waterway carries about one-fifth of the global oil transportation volume. The spot Brent price surged significantly above the previous day's level of just over $128 per barrel, surpassing the peak during the 2022 Russia-Ukraine conflict. While the benchmark Brent futures price is still lower than during the Russia-Ukraine conflict, the spot Brent reflects a more short-term, immediate delivery of crude oil prices.
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