Global commodity markets brace for potential 'Dual Shock' from Middle East conflict: World Bank

Oct 31, 2023

While the global economy is in a more resilient state than in the 1970s to manage a significant oil price shock, the compounding impacts...

Global banking recovery will stretch to 2023 and beyond: S&P

Sep 24, 2020

Melbourne [Australia], September 24 : COVID-19 and the oil price shock of 2020 are taking a heavy toll on global banks, S&P Global Ratings...

Commodity prices outlook would darken quickly if conflict in Middle East escalates: World Bank Report

Oct 30, 2023

The global economy is in a much better position than it was in the 1970s to cope with a major oil-price shock but an...

Aviation turbine fuel prices up by 7.5 per cent

Jul 01, 2020

New Delhi [India], July 1 : The oil companies on Wednesday increased the price of aviation turbine fuel by about 7.5 per cent to...

India to decide....to buy oil in keeping within price cap: White House on Russian oil

Jun 20, 2023

Speaking on the price cap on Russian oil, Kirby said, "The price cap is working and proven effective. It's working and we are gratified...

"Russia will not sell oil at lower price cap," says Putin

Oct 12, 2022

Moscow [Russia], October 12 : Russian President Vladimir Putin on Wednesday announced that Moscow would not sell oil at a lower price cap after...