Being net importers of petroleum goods, there are a number of African countries that are extremely susceptible to changes in ...
Indonesia's new government aims to revive oil and gas production, with plans to cut regulations, reactivate idle wells and ...
One of the most significant drivers behind the drop in oil prices was renewed concern over China’s slowing economy. China, as the world’s largest importer of crude oil, plays a pivotal role in shaping ...
US President Biden says he knows how and when Israel will carry out its attack on Iran as Tehran warns it will respond ...
Why the Oil Market Is Not Shocked
Geopolitical turmoil, particularly in the Middle East, used to send oil prices soaring, as frantic traders—anticipating ...
However, crude Oil prices received downward pressure, partly due to slowing economic growth in China. On Friday, China’s Gross Domestic Product (GDP) grew at an annual rate of 4.6% in the third ...
China, which has accounted for more than 60 per cent of global oil demand growth in the last decade when its economy grew at ...
China, which has accounted for more than 60% of global oil demand growth in the last decade when its economy grew at 6.1% on average, is slowing down, IEA Executive Director Fatih Birol said ...
Who named Nigeria and in what year? Read on to find out more about the name Nigeria, its origins, meaning, and interesting ...
HOUSTON (Reuters) -Oil futures fell on Friday, declining more than 7% on the week after data showed China's economic growth ...