The Mozambican Oil and Gas Chamber condemns the terrorist attacks in Palma on the 25th of March in the strongest possible terms and expresses its heartfelt...
The evergreen vessel that blocked Suez Canal, one of the world’s busiest waterways, was successfully refloated at 4:30 am Egypt local time on Monday, according to...
Oil prices rose on Friday morning as experts predicted it could take few weeks to clear Suez Canal blockage, one of the world’s most important waterways...
Oil prices skidded around 2% as fuel demand concerns re-emerged alongside fresh coronavirus pandemic lockdowns, trimming overnight gains spurred by the grounding of a giant container...
Gold slipped 1% on Monday, with a dip in the dollar and U.S. Treasury yields offering little respite as U.S. equities gained, which dulled bullion’s appeal....
Oil prices fell 1% on Tuesday, hit by concerns that new pandemic curbs and slow vaccine rollouts in Europe will slow a recovery in demand, while...
Oil giant Saudi Aramco reported a 44% slump in full-year 2020 results, but maintained its $75 billion dollar dividend payout, with CEO Amin Nasser describing the...
Oil prices steadied on Monday after a broad sell-off last week, as new European coronavirus lockdowns dimmed expectations of a quick economic recovery, but market players...
The Federal Reserve’s critical policy verdict will prompt investors to top-up their portfolios, but they should avoid the ‘rotation trap’, warns the CEO of one of...
Organization of the Petroleum Exporting Countries (OPEC) Secretary General Mohammed Sanusi Barkindo on behalf of his organisation and its members, addressed a congratulatory message to the...