This comes after the US eased sanctions on Venezuela’s oil sector in October. The sanctions were imposed to punish Maduro’s government following his 2018 re-election…reports Asian Lite News Venezuela has…
Oil is being driven up by concerns of a supply deficit, following recent output cuts by Saudi Arabia and Russia…reports Asian Lite News Oil price is continuing its march towards…
OPEC said this year’s global oil demand, expected to reach 102.1 million bpd, will surpass pre-COVID-19-pandemic levels…reports Asian Lite News Robust global oil demand growth has been forecast in 2023…
That announcement lifted Brent crude oil above $91 a barrel for the first time in 10 months…reports Asian Lite News Oil prices could climb well into triple-digit territory by next…
The world economic growth in 2023 is to remain broadly unchanged at 2.6%, according to the organisation, with the initial forecast for 2024 economic growth expected at 2.5%…reports Asian Lite…
The oil major’s announcement might set the ball rolling for other foreign investors too to look at exiting Pakistan or halting operations temporarily, a report by Mahua Venkatesh Pakistan’s economic…
The Saudi Ministry clarified that the decision is a precautionary measure aimed at supporting the stability of the global oil market….reports Asian Lite News Saudi Arabia’s Energy Ministry has announced…
On September 2, G7 Finance Ministers initiated a price cap on Russian-origin crude oil and petroleum products to be implemented by each coalition member in the wake of Russia-Ukraine war…reports…
Speaking about Germany’s efforts to find a solution to the war, he said German Chancellor is every now and then on the telephone with Putin…reports Asian Lite News India buying…
OPEC report reveals India will take the leading role in crude requirement, along with other Asian and African, reports Animesh Singh…reports Asian Lite News After China driving the initial demand…