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Posted 23/06/2022

Joint Oil and Gas Refining Facilities in Sight for Russia and the Group as China Kicks Off BRICS Summit

The Russian President Vladimir Putin will meet with other leaders in the 14th BRICS...

Posted 23/06/2022

Oil Prices Fall as Recession Fears Mount, Fed’s Powell Plans to Continue Rate Hikes

Oil prices dropped around 3% along with other major commodities as fears of a...

Posted 23/06/2022

Jerome Powell Admits Possibility of Recession, Saying Soft Landing Difficult to Achieve

The Federal Reserve Chairman Jerome Powell told the congressional lawmakers yesterday that the central...

Posted 22/06/2022

Oil Plunges 5% as Biden Aims to Cut Fuel Taxes and Ask Producers for Price Reduction

Oil prices plunged more than 5% on Wednesday as the U.S. President Joe Biden...

Posted 22/06/2022

Food and energy price hikes push UK inflation to fresh 40-year high of 9.1% in May

Inflation in the UK reached a record 40-year high of 9.1% in May, as...

Posted 21/06/2022

Europe Considers Returning to Coal amid Lower Gas Supply from Russia Sanctions

European countries are considering burning more coal as they are racing to find an...

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