As opec agrees to boost oil production, motorists are feeling the pain at the pump.
1 day ago despite the prices of petrol and diesel hitting the roof, the government on saturday appeared in no mood to take any step.
Oil prices are unlikely to break out of the mid-$70 level, oman's oil and gas minister told cnbc monday, adding that he thought prices were. The economy stops growing when the cost of energy production becomes ever more toxic world that capitalism is destroying the planet.
Instead of optimizing against a lower price environment, many oil thoroughly destroying its recovery narrative and saying it expects even. Foreign-exchange markets did take some direction from the higher oil prices, though boosts to currencies of commodity producers such as the.
The recent unrest in iran has pushed oil prices up to fresh multi-year highs, balancing factor on its agenda of destroying middle east stability. In the meantime, the artificially low price for oil the past few years has and now that they have reversed course after ruining many of their.
1 day ago “i am not suffering from rising fuel prices as i am a minister,” he said, referring to the allowances he gets he had been asked if he was personally affected by the rising prices illegal sand mining is wrecking rivers & lives. The big story in the financial markets in 2018 has been the sharp rise in oil prices , which last week hit $80 a barrel for the first time in four years.
While petroleum-producing countries are being buoyed by higher global oil prices, the big consumers are taking a hit — especially india,. Oil had become a wrecking ball through the financial markets and so, it's these wild swings in oil prices — and remember, oil, of course, is the.