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Opec and Opec+ began two days of meetings on Wednesday with sources saying a big policy change was unlikely this month. At its last gathering in early June, Opec+...
Oil will remain a crucial factor in the global economy for a long time to come. While supplies of oil is crucial as can be seen from the economic sanctions...
Two major developments in the Ukraine war have been the decision of Russia to focus on eastern Ukraine territory, especially the Luhansk and Donetsk regions, and the European Union (EU)...
The world’s economy is forecast to grow around 3.6% this year, but Arab oil exporters are seeing a windfall from high energy prices that will buoy their economies and replenish...
Germany, which depends on Russia for two-thirds of its gas imports, is thinking of alternatives after the Russian attack on Ukraine, and the imposition of economic sanctions on Moscow. After...
Katie Tubb, Tribune News Service When a news anchor confronted Energy Secretary Jennifer Granholm about high gasoline prices and asked about the Biden administration’s plan to increase oil production...
The Indian rupee fell to a historic low on Monday, while bond yields surged as a sharp rise in global prices of crude oil stirred concern about domestic inflation,...
Iran and the International Atomic Energy Agency (IAEA) had announced on Saturday that they have reached an understanding over the need to adopt a common approach to sort out issues...
Oil rose above $112 a barrel on Friday in a volatile session as fears over disruption to Russian oil exports in the face of Western sanctions offset the prospect of...
Gulf Today Report Oil prices have topped more than $100 a barrel for the first time since 2014 after Vladimir Putin announced a Russian invasion of Ukraine, according to...
