“It’s worth bearing in mind that very few countries in the world have grown from poverty to wealth, having done so on the basis of natural...
Oil continues to be roiled by intense volatility after Russia’s invasion of Ukraine, sparking grim warnings about its impact on global economies. The latest came from...
Oil prices are rising again, this as crude hit another four-year high, with a barrel of West Texas Intermediate for November delivery trading at $75.31, while...
The price of oil fell below US$74 a barrel this week, after U.S. President Donald Trump raised the stakes in the trade war against China with...
Royal Dutch Shell has reported profits more than doubled in the fourth quarter of last year, despite the group taking a $2bn charge related to President...
US oil production has returned to its record high some 47 years after the last Texas oil boom gushed to the previous mark in 1970. Soaring...
Although Venezuela sits atop the world’s largest oil reserves, low production by the state oil monopoly and the global drop in crude prices has thrown the...