The head of the International Energy Agency said on Tuesday the G7 proposal to impose a price cap on Russian oil should include refined products as well. The Group of Continue Reading
“We might not have seen the worst of it yet,” Birol warns. A global squeeze on energy supply that’s triggered crippling shortages and sent power and fuel prices surging may Continue Reading
The global population grew by less than 1 per cent a year for the first time since the aftermath of the second world war in 2020 and 2021 with Europe’s Continue Reading
New projections from the United Nations’ Department of Social and Economic Affairs show that the global population is expected to reach 8 billion on Nov. 15 — though population growth Continue Reading
As Iraq’s federal government escalates its campaign against the Kurdistan region’s oil sector independence, perhaps its most important legal action is an eight-year-old arbitration case against Turkey that is nearing a decisive Continue Reading
Iran plans to supply Russia with potentially hundreds of drones for its war in Ukraine, some with combat capabilities, a US official has said. White House National Security Adviser Jake Continue Reading
Iran is one of the only countries on earth with the potential to add significant oil supply to a global oil market that is desperately tight. In its latest attempt Continue Reading
China’s economic engine has shuddered in recent months, hurt by lockdowns imposed to curb the spread of Covid. Housing sales sagged. Many shops and restaurants in some cities shuttered, some maybe for Continue Reading
The Biden administration on Friday released a new environmental assessment of a controversial oil project on Alaska’s North Slope but declined to reveal whether it was leaning toward approving a project Continue Reading
Pump prices declined again, falling another 12 cents since last week to $4.67. The dip in the national average for a gallon of gas occurred despite a slight rise in Continue Reading
