Africa’s richest country extends fuel tax cuts, forgoes over $1 billion to cushion Iran war impact
South Africa will extend its temporary fuel tax cuts for another two months, as the government moves to…
Hilton’s CEO Says He Sees a C-Shaped Economy Emerging in the US
Hilton’s CEO said America’s K-shaped economy is converging as lower-income consumers are spending more. Loading audio narration… During…
China discovers 225 large, medium-sized crude oil, natural gas fields from 2021 to 2025: Ministry of Natural Resources
China’s largest shale oil production base, the Changqing Oilfield, located in Northwest China’s Gansu Province. Photo: Screenshot from…
‘Take the money and run’: Johns Hopkins economist Steve Hanke on why the UAE quit OPEC
The decision was shocking. But the announcement April 28 that the UAE was leaving OPEC caps years of…
uae quits opec opec+ may 1 impact on india oil imports uae opec oil prices
The United Arab Emirates will leave OPEC and OPEC+ – the world’s largest oil-producing blocs, which control roughly…
Nigeria’s oil output hits 5-year high as production reaches 1.71 million bpd
The state-owned oil firm said the increase reflects improvements in upstream operations and a series of ongoing…
NNPC Hikes Nigerian Oil Prices by $7/Barrel
The Nigerian National Petroleum Company Limited has raised the official selling prices of all 37 Nigerian crude grades…
Live updates: Iran’s expected new peace proposal and the UAE’s OPEC exit
You’ll be hearing a lot about OPEC today after the United Arab Emirates (UAE) announced it’s withdrawing from…
Ray Dalio warns of stagflation as Fed political pressure grows
American households are already feeling the squeeze of a slower, pricier economy, a situation some observers warn could…
The Financial Crisis That Didn’t Happen
One of the hard parts of understanding market cycles is the fact that there are no counterfactuals. You…
UK faces £35bn hit and risk of recession this year over impact of Iran war, thinktank warns | Economics
Britain is facing a £35bn economic hit and the risk of a recession this year as the fallout…
Australia reports lower-than-expected first-quarter inflation — but price growth hits 2-year high
SYDNEY, AUSTRALIA – DECEMBER 06: Pedestrians and shoppers move along George Street on December 06, 2024 in Sydney,…