RIYADH: The current crisis between Ukraine and Russia, which has destabilized the energy market, mainly in Europe, could prove to be a boon for oil companies and hydrocarbon-producing countries, as soaring prices oil should bolster their incomes in fear of a protracted war. Oil prices were already high and jumped
Video: As gas prices continue to rise, some Chicago residents say they may need to make adjustments to their travel habits. Plus, we share tips on how to save your vehicle’s fuel. (Produced by Joanna Hernandez) (CNN) – There’s pain at the pumps for American drivers as U.S. gasoline prices
Retail price inflation likely fell slightly in February, Reuters poll shows BENGALERU: India’s retail price inflation likely eased slightly in February, helped by lower food prices, economists say in a Reuters poll who have consistently warned that soaring oil prices will push inflation much higher high in the coming months.
Domestic pump prices for petroleum products are expected to soar in the coming week – the 10th consecutive weekly rise – as global crude oil prices continue to soar amid the Russia-Ukraine war. Citing oil trade monitoring over the past five days, based on the Platts Singapore average, an oil
Fiji’s economy will be hit hard by the escalating situation between Russia and Ukraine, according to academic Dr Neelesh Gounder. The lecturer in economics from the University of the South Pacific said rising global tensions following the Russian military’s invasion of Ukraine mainly posed external risks to the Fijian economy.
Some Republican lawmakers have begun to echo demands from the oil and gas industry. “It is now clearer than ever what is at stake when anti-American energy policies make us and Europe more dependent on Russian oil and natural gas,” said Rep. Cathy McMorris Rodgers, Republican of Washington State and
The following discussion should be read in conjunction with the accompanying Consolidated Financial Statements and Notes thereto appearing within Part IV. Item 15. Notes to the Consolidated Financial Statements in this 2021 10K Report. The following discussion may contain forward-looking statements, and our actual results may differ materially from the
Russia’s invasion of Ukraine poses risks of inflationary pressures and external sector risks to the Fijian economy – Dr. Neelesh Gounder Lecturer in Economics at the University of the South Pacific, Dr. Neelesh Gounder University of the South Pacific lecturer in economics, Dr Neelesh Gounder, said the Russian invasion of
LONDON: China has increased its purchases of its oil reserves this year even as oil prices have soared, despite calls from Washington for a coordinated release of global inventories to help cool the market, data shows. industry and traders, according to Reuters. Washington has sought China’s cooperation to bolster the
With diesel prices rising for bulk customers like RTC, TSRTC plans for the first time to source fuel from retail outlets across the state, as management had instructed regional managers to form committees to source fuel from local outlets on a regular basis. day by day. Crude oil prices tend
WASHINGTON — With the lingering threat of a Russian invasion of Ukraine, a foreign policy crisis is colliding with one of President Joe Biden’s political vulnerabilities: rising gas prices in the country. Americans are already appalled by inflation at a 40-year high, and Biden warns gas prices could rise if
(MENAFN) Russia is in a position to receive an additional $65 billion for its public coffers in 2022 if rising fuel costs remain at a flexible level, Bloomberg reported last week, citing forecasts made by economists. Bloomberg quoted Renaissance Capital analyst Donets as saying, “Russia’s fiscal position is so super
InterGlobe Aviation Ltd, which operates IndiGo, India’s largest airline, proved itself with better than expected results for the December quarter (Q3FY22). Yield, a price measure, hit a multi-quarter high for ₹4.41, an increase of 19% year-on-year (yoy) and 5.2% sequentially. This happened as a result of an increase in domestic