A fuel pump attendant fills a motorbike petrol tank at a gas station. AFP
Oil gained for a fifth day on Wednesday, climbing towards $75 a barrel to its highest since April 2019, supported by a recovery in demand from the pandemic and a drop in US crude inventories.
Who can we blame for record-high gasoline prices? Sorry. No one in particular. The worst culprit is COVID-19. I’d love to blame some politicians, such as Gov. Gavin Newsom. After all, this governor does look guilty. The price of practically any commodity is based on the principle of supply and demand.
Global oil demand will return to pre-pandemic levels in two years and reach record heights by 2026 unless governments take swift action to meet climate goals, the International Energy Agency said on Wednesday. Oil markets and the world economy
Oil prices rose more than $1 per barrel on Thursday after Saudi Energy Minister Prince Abdulaziz bin Salman urged caution and vigilance at the beginning of a meeting of Opec ministers and their allies about the future of supply cuts.
To many of us living in the UAE, Tonga may be hundreds of miles away in the Pacific Ocean, an insignificant part of our lives for its utter remoteness. But a natural disaster, and not an ordinary one, can change things, even attitudes. The world is small, and it has become
On Wednesday 12 January, 23-year-old primary school teacher Ashling Murphy was violently killed while jogging along a canal at 4pm in County Offaly, Ireland. Her murderer has not yet been found. It’s a horrendous start to the year, one that serves as a brutal reminder
After Narendra Modi led it to a sensational victory in the 2014 Lok Sabha elections, the Bharatiya Janata Party grew rapidly in several states by organising defections from the Congress and other opposition parties. Last week it had a taste of its own medicine in the key state