Breaking News

Norwegian government intervenes to end ongoing oil and gas strike

The decision was taken after they were warned that the ongoing strikes could cut down the gas exports in the country by more than half.

5-07-2022, 19:18

US dollar index climbs to highest in almost 20 years

Fed's monetary tightening causing US recession fears, global economic slowdown worries

5-07-2022, 19:06

EU preparing emergency plan for energy crisis

‘Energy prices are high. People -- rightly so -- expect us to do something about it,’ says head of European Commission

2-07-2022, 08:13

Crypto hedge fund Three Arrows files for Chapter 15 bankruptcy

Singapore-based 3AC is one of the highest-profile investors hit by the sharp sell-off in crypto markets and is being liquidated, Reuters reported on Wednesday, citing a person familiar with the matter

2-07-2022, 08:05

S&P 500 falls 20% in first 6 months of 2022, posting worst half since 1970

Dow Jones falls 15.3%, Nasdaq plummets 29.5%, Bitcoin off 59%

30-06-2022, 23:55

US working with G7 to limit price of Russian oil: Treasury head

Janet Yellen says move to prevent Russia from profiting from higher energy prices

28-06-2022, 23:31

Macron tells Biden that UAE, Saudi can barely raise oil output

World oil prices have been steadily rising in recent months

27-06-2022, 23:42

Sri Lanka hikes fuel prices as it faces economic collapse

The move comes a day after the energy minister said there would be an indefinite delay in getting new shipments of oil.

27-06-2022, 23:35

G7 nations mulling 'price cap' on Russian oil to build pressure amid Ukraine war

G7 members eye curtailing price of Russian oil, Moscow's revenues while allowing more oil supply to reach global market.

26-06-2022, 22:47