IEA to hold emergency meeting to tackle soaring oil prices
The International Energy Agency will hold an emergency meeting on Friday among consuming nations to discuss a new release of strategic reserves alongside a plan by the United States to…
The International Energy Agency will hold an emergency meeting on Friday among consuming nations to discuss a new release of strategic reserves alongside a plan by the United States to…
European stocks were little changed on Thursday, holding near recent one-month highs but set for the biggest quarterly drop since the start of 2020, while oil prices fell and eastern…
Financial sanctions imposed on Russia threaten to gradually dilute the dominance of the US dollar and could result in a more fragmented international monetary system, Gita Gopinath, IMF’s First Deputy…
President Joe Biden on Thursday launched the largest release ever from the US emergency oil reserve and challenged oil companies to drill more in an attempt to bring down gasoline…
The World Bank Group on Wednesday announced the suspension of SoftTech IT Solutions and Services Ltd. (SoftTech) for 50 months over corrupt allegations in the National Social Safety Nets Project.…
The World Bank president said on Wednesday Gulf oil producers could play a key role in dampening oil and gas price volatility in the coming months. Several consuming nations have…
Europe’s economy is increasingly strained by Russia’s war in Ukraine as growth stalls, confidence plummets and inflation soars, data and warnings from policymakers made clear on Wednesday. Sanctions on Russia…
As a stunning rebound in US stocks charges on, investors are questioning how long the surge can continue in the face of a hawkish Federal Reserve, warnings of recession from…
Saudi Arabia has deposited $5 billion in Egypt’s central bank, the Saudi state news agency reported on Wednesday, as the Egyptian economy faces new economic pressures as a result of…
As a bleak first quarter draws to a close, crypto seems to have the wind in its sails. It has pushed through the $2 trillion barrier and is proving surprisingly…