[ad_1] Oil prices stabilised somewhat on Thursday, as concerns over Libyan supplies were allayed by worries about slowing economic growth and demand ADVERTISEMENT Oil prices slowed their rally somewhat on…
Tag: Oil market
Russia claims majority of oil exports redirected to Asia
[ad_1] The announcement comes amid unprecedented Western sanctions on Russia over the invasion of Ukraine. ADVERTISEMENT Russia says it has almost completely redirected its oil exports to China and India…
Oil prices surge following Hamas attack on Israel
[ad_1] The sudden aggravation of the conflict in the Middle East is fuelling oil supply disruptions fears. ADVERTISEMENT Concerns over ongoing violence impacting neighbouring countries saw Brent crude rise by…
Kazenergy Forum: how to cope with the oil price slump?
[ad_1] Over the past year the global energy sector has been profoundly shaken. Oil prices have more than halved to below $50 per barrel, under pressure from Over the past…
Madagascar drills deep to make most of unused resources
[ad_1] Madagascar is on the verge of an oil and gas revolution, but how will it develop these new sectors of the economy for the benefit of all without ruining…
Oil benchmark Brent’s price structure reflects tighter market
[ad_1] LONDON: The structure of the global benchmark Brent crude futures market is at its most bullish since April, reflecting the impact of production cuts from the Organization of the…
Cheap oil and the music industry’s digital revolution
[ad_1] In this edition of Business Line we look in depth at the major oil producers attempts to stop prices falling and why they failed, plus the good news for…
OPEC and other oil producers tentatively inch towards a production freeze
[ad_1] In this edition of Business Line we look at the chances of OPEC and non-member producers, including Russia, reaching an agreement on limiting oil production. At the end of…
Madagascar’s oil potential
[ad_1] Oil exploration in Madagascar dates back to the start of the 20th century after geologists discovered heavy oil rich sedimentary basins in the West of the island. Five have…
OPEC and Russia oil cut deals promise to address supply glut
[ad_1] Faced with a supply glut that has dramatically pushed down prices, oil producing countries from around the world have pledged to cut output and to “rebalance the market”. It…