Just when the Indian economy is grappling with several challenges such as a GDP growth slump, slipping rupee, concerns over inflation, low urban demand and weak corporate earnings, it must brace for ...

TOKYO : Oil prices climbed on Friday, heading for a fourth weekly gain, driven by concerns over tighter supply following U.S. sanctions on Russian oil producers and signals from a Federal Reserve ...

JAKARTA : Indonesia welcomed a ruling by the World Trade Organization in a case against European Union on palm oil-based biodiesel, expecting the bloc to adjust its regulations to comply with the ...

The country could be looking at a potential oil shock, said Bob McNally, president of Rapidan Energy Group. "India will be more affected than China by sanctions, since India imports much greater ...

THE MEMO HAS CLEARLY GONE OUT: The phrase the incoming Trump administration is using to describe its opening days is “shock and awe.” Tom Homan, the incoming designated border czar, when asked during ...

The oil giant BP is cutting thousands of jobs, the company announced on Thursday. In a statement sent to Business Insider, it said some 4,700 positions would be eliminated, while the number of ...

The country could be looking at a potential oil shock, said Bob McNally, president of Rapidan Energy Group. Get top local stories in Southern California delivered to you every morning. Sign up for ...

NEW YORK, Jan 14 (Reuters) - Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy Information Administration said on Tuesday in ...

Analysts have indicated that the new round of sanctions against Russian oil could pose a temporary shock to global oil trade. “The key effect of the sanctions is on the Russian oil sector.

In China, ports in the eastern Chinese province of Shandong, home to the world’s biggest buyers of Iranian crude, have been urged by their parent company to forbid sanctioned oil tankers from docking ...