Utility
OPEC+ announces surprise million-barrel cut from May as a ‘precautionary measure’
The OPEC+ oil producers have called the decision a ‘precautionary measure’ directed at supporting the stability...
Read more
Despite sanctions, Russian oil exports touch new highs
Despite the stringent sanctions regime, the Russian Federation has overtaken Saudi Arabia to emerge as the...
Read more
A Western Oil Milestone: Exxon Sets Historic High with Record $56 Billion Profit
Exxon's results went above and beyond the earlier records reported in 2008, hitting $142 per barrel...
Read more
Oil prices rise on stronger Chinese economic recovery.
Brent Crude prices rallied to $88.50 per barrel, an increase of 1 percent or 88 cents...
Read more
OPEC: China To Boost Oil Demand By Up To 500,000 BPD
OPEC Secretary General stated that the reopening of the Chinese economy after the covid restrictions will...
Read more
PETRONAS and ADNOC sign historic Abu Dhabi unconventional resource deal
PETRONAS will hold 100 percent equity and operatorship to explore and appraise unconventional oil in the...
Read more
Trafigura secures $3 billion loan facility for German gas supply
Trafigura ensures the loan to supply natural gas to Sefe, which is the quasi-nationalized entity that...
Read more
Oil price picks up over 2% after OPEC+ kept Output targets steady
The Organization of Petroleum Exporting Countries (OPEC) and allies including Russia, together called OPEC+ on Sunday...
Read more
UAE’s ADNOC Board Approves ‘ADNOC Gas,’ Strives for Net-Zero Emissions by 2050
The new company will be a consolidated entity that will manage ADNOC Gas Processing and ADNOC...
Read more
The Global Economics Limited is a UK based financial publication and a quarterly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.
