Oil Prices On Monday, oil prices experienced a significant drop of over 2%, driven by Saudi Arabia’s substantial price reductions and an increase in OPEC output. This downturn offset concerns …
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International
China Optimistic Amid COP28 Climate Talks Despite OPEC’s Fossil Fuel Stand
by Hamza Irshadby Hamza IrshadClimate Talks China expressed optimism about progress in reaching a climate deal at the COP28 summit in Dubai, despite last-minute resistance from the OPEC oil cartel against a phase-out of …
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EconomyExclusiveLatest Updates
OPEC oil plunges below $98/barrel, Brent falls to $94 today
by Umar Sohailby Umar SohailISLAMABAD: The international crude oil price of OPEC (Oil Producing and Exporting Countries) in the Gulf has dropped to under $98/barrel after a gap of many weeks while Brent oil …