[ad_1] “European countries are importing more oil from the Gulf states and elsewhere to offset the loss of Russian oil exports,” says James Swanston, a Middle East expert at Capital…
Tag: oil price
Saudi Arabia draws on British expertise in quest to become next Dubai
[ad_1] In many respects, the Saudis are following a playbook already demonstrated by the rulers of Dubai who have likewise sought to transform their city into a global destination using…
India’s strategic purchase policies for oil, gas had substantial impact on global inflation: S Jaishankar
[ad_1] The external affairs minister (EAF) S Jaishankar affirmed that India’s key role in stabilising the global inflation amid the Russia-Ukraine conflict had a significant impact in softening global oil…
Oil prices continue to decline amid uncertainty over Israel-Hamas war
[ad_1] After a minor recovery, oil prices continued to follow previous session’s trend. Amid a flurry of weak economic data and uncertainty over Israel-Hamas war, oil prices fell further on…
Markets brace for jump in oil prices after Hamas terrorist attack on Israel
[ad_1] A price increase to $90 a barrel would only take oil back to where it was last week. The price of Brent crude has declined by 12pc since hitting…
Elusive macroeconomic stability
[ad_1] In a recent statement reportedly, interim finance minister Dr Shamshad Akhtar indicated that there were signs of economic recovery, whereby she pointed out: ‘There are some initial signs of…
FTSE 100 Live: London shares climb higher, pharma firm Ergomed in £700m takeover
[ad_1] 1693829598 Superdry shares sink SUPERDRY shares resumed trading today after being suspended over an accounting snafu – and immediately plummeted. The already out of fashion shares lost another 11%…
Russia’s economy under threat as Wagner rebellion focuses on key export hubs
[ad_1] Reports from the Rostov area on Saturday suggested that Chechen forces loyal to Vladimir Putin were advancing on the port city to retake it from Wagner forces, raising the…