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Oil prices may rise further as flows through the Strait of Hormuz remain constrained, ING said. The bank now expects a gradual resumption only in May and June, with volumes staying below pre-conflict levels for most of the year. ING lifted its Brent

2026-04-28

Oil prices may rise further as flows through the Strait of Hormuz remain constrained, ING said. The bank now expects a gradual resumption only in May and June, with volumes staying below pre-conflict levels for most of the year. ING lifted its Brent forecast to $104 per barrel for Q2 from $96 previously. Analyst Warren Patterson said earlier assumptions of an April recovery “clearly” have not materialized. Front-month Brent futures rose 2.2% to about $110.62 per barrel.

Other News
2026-04-28

U.S. Energy Secretary Wright: Those 60% enriched uraniums have no commercial use.

U.S. Energy Secretary Wright: Those 60% enriched uraniums have no commercial use.
2026-04-28

The Hang Seng Index fell by more than 1%, and the Hang Seng Tech Index is currently down 1.79%; sectors such as lithium batteries, Apple concept stocks, commercial aerospace, wind power, and non-ferrous metals are among the biggest losers.

The Hang Seng Index fell by more than 1%, and the Hang Seng Tech Index is currently down 1.79%; sectors such as lithium batteries, Apple concept stocks, commercial aerospace, wind power, and non-ferrous metals are among the biggest losers.
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