oil prices

The EU’s contemplation of a ban on Russian oil, following its proposal to embargo Russian coal, will keep oil prices from falling for the foreseeable future

Major oil producers are expected to adhere to their scheduled output goal rise of approximately 432,000 bpd,

Major oil producers are expected to adhere to their scheduled output goal rise of approximately 432,000 bpd,

The PSO officials told Senate Standing Committee on Petroleum that although the PSO has 26-day stocks left, they feared that smaller companies would stop the supply citing losses.

The PDC payment method also has to be changed to accommodate the concerns of PSO and other OMCs.

Given the tight situation of global crude stockpiles and the persistent uncertainty surrounding Russian petroleum, it is cautioned that the decline in oil prices may be “short-lived.”

US Federal Reserve must walk a tight line between reigning in inflation and maintaining the world’s largest economy

As supply disruption apprehensions rose following severe penalties on Russian banks and the increasing Ukraine crisis, traders hurried to find other oil supplies in an already tight market, resulting in …

The US and Europe’s removal of some Russian banks from the SWIFT system has increased fears of a supply interruption

The hike of the key rate will ensure a rise in deposit rates to levels needed to compensate for the heightened depreciation and inflation risks