global economy

Wrong decision of the European Union to ban Russian oil has led to further unwanted increase in oil and gas prices at a time when the world is already experiencing …

Russian President Vladimir Putin decision to link gas payments with ruble gave a strong support to the ruble and it surged to 65 a week ago and today it closed …

He said the money will be spent on “additional payments” to pensioners and families with children and conducting a “special operation” in Ukraine, referring to Moscow’s offensive in the pro-Western …

OPEC+ has stuck to its 2020 agreement, under which the alliance members raise total production each month by the modest amount of 430,000 barrels a day. But Russia’s output has …

Nikolay Vavilov, a Total Research strategist, told the Russian media that Russians spent more than $35 billion annually on travel and vacations abroad, of which at least 60 percent was spent in …

The report says nations’ current pledge to restore one billion degraded hectares by 2030 requires $1.6 trillion this decade — a fraction of today’s annual $700 billion in fossil fuel …

Oil giant Saudi Aramco recently reported a 124% net profit surge for last year, hours after Yemeni rebels attacked its facilities causing a “temporary” drop in production.

Last week, the U.S. Senate Judiciary Committee approved the No Oil Producing and Exporting Cartels Act (NOPEC). 

The official further stated that the Indian government was working to enable up to five Indian banks to engage in the mechanism. The move would essentially allow Indian exporters to …

The official further stated that the Indian government was working to enable up to five Indian banks to engage in the mechanism. The move would essentially allow Indian exporters to …