OPEC+ meeting on Thursday, 31 March 2022 The meeting of the OPEC+ ministers that is scheduled to   be at 13:30 Vienna time, according to the...

  As the conflict in Ukraine has just passed the month-one mark on the precarious timeline, as far as the supplies of oil and gas are concer...

  No sooner had the West and its staunch allies imposed crippling sanctions against Russia over its invasion of Ukraine than the latter publ...

  Rishi Sunak, the Chancellor of the Exchequer of the United Kingdom, reduced the fuel duty by 5p while presenting his Spring Statement in t...

  With a significant loss of global oil supply in the offing due to sanctions imposed on Russia, the West - and the rest of the world too - ...

  Despite the relative rise in crude oil prices in the markets in the early hours on Wednesday, the downward trend started continuing once a...

  The price of crude oil fell on Monday morning in Asian markets, much to analysts’ surprise, defying the conventional logic. With the Rus...

The price of crude oil that fell almost by 11% on Wednesday appears to be gaining momentum again in the upward direction. As of 14:45 GMT, t...

Having seen eye to eye on many global issues, ranging from the war in Syria to the early stages in the Ukraine-Russia military conflict, esp...

  The price of crude oil almost briefly touched $130.00 over the fears of a long drawn out conflict between Ukraine and Russia. Although the...

  With the price of crude oil already reaching 14-year high, the stakes cannot be any higher for the global economy as a whole. As of 12:45 ...