The Latest Breaking News from Oil

OPEC+’s decision to hike oil output is not expected to ease the global supply crunch immediately and bring down prices. As the worldwide demand strengthens with the lifting of China’s lockdowns and countries’ increased focus on ensuring domestic availability, companies engaged in the upstream activities should benefit. Therefore, prominent energy…

This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice.

It’s never a good thing when the postscript to a film based on a true story is more interesting than the actual movie itself. This is unfortunately the case with Patrick Gilles’ “I’m Charlie Walker,” a biopic about an enterprising Black trucker who won a lucrative contract to help clean…

Has Vladimir Putin amassed more power than anyone else in the world? Forbes magazine picked him as the world’s most powerful person three years in a row (from 2013 to 2015). A 2018 CNN documentary portrayed him in the same way.

Not benefitting coconut farmers too

The Council have confirmed it will remain closed for the rest of the day

Thrissur

Germany’s finance minister has rejected calls by some in the country’s governing parties to tax what they call “excessive profits” earned by oil companies since Russia’s war in Ukraine spiked energy prices

A Polish court on Tuesday rejected an appeal from the country's Human Rights Ombudsman against oil company PKN Orlen's takeover of newspaper publisher Polska Press, the court said, confirming an earlier report by state-run news agency PAP.