Economy
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Brent Crude Prices Expected to Drift Near $80 a Barrel Initially
Dated Brent crude is expected to remain near $80 per barrel through June 2023, according to traders and…
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Europe bans Russian diesel, other oil products over Ukraine
For millions of Europeans, the latest ban on Russian diesel and other refined oil products will have a…
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Cambodia Trade Hits $52.4 Billion in 2022
In the first two months of 2023, the Ministry of Commerce gathered for its annual meeting. The agenda…
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Oil prices climb after Opec+ keeps output cut targets, China eases Covid curbs
Brussels, December 6, 2022 — infopulsetoday.com — Oil futures rose as much as 2 percent on 5 December…
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Oil prices rise as OPEC+ maintains output cuts and China eases COVID-19 restrictions
China, December 6, 2022 — cyberinktimes.com — For millions of people around the world, the cost of filling…
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Oil prices rise as OPEC+ maintains cuts and Chinese cities ease COVID restrictions
China, December 6, 2022 — cybernewschronicle.com — Global oil markets saw a clear financial response on Monday as…
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Space Economy Hit 469 Billion Dollars in 2021 as Launch Costs Collapsed
WASHINGTON, July 15 — The aerospace industry, a sector that grew directly from the ambitions of the Space…
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Seven Sisters: How Big Oil’s Cartel Ruled the Century Before OPEC
LONDON, July 9 — The term “Seven Sisters” once defined the architecture of global energy power, a group…
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Oil prices ease on symbolic OPEC+ output cut
OPEC+ ministers meeting in Vienna on 5 September 2022 agreed to shave 100,000 barrels per day off their…
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OPEC+ Shaves 100,000 Bpd Off October Supply Target
OPEC+ ministers meeting in Vienna on 5 September 2022 agreed to shave 100,000 barrels per day off their…
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Indonesia Hikes Fuel Prices 30% After Eight-Year Freeze
Indonesia raised subsidised fuel prices by roughly 30 percent on Saturday, 3 September, ending an eight-year freeze that…
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Indonesia Raises Subsidized Fuel Prices by 30 Percent
On Saturday, 3 September, Indonesia implemented a roughly 30 percent increase in subsidised fuel prices, breaking an eight-year…
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ExxonMobil Wins Guyana Approval for $10B Yellowtail Field
On April 6, 2022, the government of Guyana granted permission to ExxonMobil, a US supermajor, to develop a…
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Guyana OKs Exxon’s $10B Yellowtail offshore oil project.
The lives of nearly 800,000 people in Guyana are poised to change with the government’s approval of ExxonMobil’s…
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How the 2022 Supply Shock Sent Food and Energy Prices Soaring
ROME, July 15 — Four years after the Russian invasion of Ukraine sent shockwaves through global commodity markets,…
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Ukraine war drives the US, EU deal to undercut Russian energy
BRUSSELS: With stunning speed, Russia’s war in Ukraine is driving Western Europe into the outstretched arms of the…
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Europe Faces Deadline to Replace Russian Natural Gas Imports Completely
The United States and the European Union announced on March 25 a joint plan that gives the continent…
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High energy costs trigger unrest in parts of Europe.
MADRID Spain: High energy costs are stoking unrest in parts of Europe, with Spain deploying more than 23,000…
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All payments for Govt services to be made on a cashless basis by 2022- Zafrul
Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz announced on June 10, 2021, that all payments for Malaysian…
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Bank Hapoalim: $30 million U.S. deferred prosecution over
On April 30, 2020, Bank Hapoalim, one of the largest banks in Israel, agreed to a $30 million…
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Oil price plunges as Saudi Arabia retaliates with Russia
The prices of oil fell sharply on Monday following Saudi Arabia’s launch of price war against Russia which…
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Saudi Price War Triggers 22% Oil Plunge in Single Day
Brent crude lost more than a fifth of its value in a single day. That is not a…
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OPEC Holds Emergency Meeting on Coronavirus Oil Threat
Vienna, February 4, 2020 — infopulsetoday.com — The global oil market is staring at a demand collapse that…
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OPEC advances meeting to discuss oil price cuts amid coronavirus
Originally scheduled in March, the Organization of the Petroleum Exporting Countries and its allies decided to convene earlier…
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