Crude Oil - Global Business Magazine

Exclusive: Chevron set to trade Venezuelan oil if U.S. relaxes sanctions, sources say

Global Business Magazine March 15, 2022

Chevron Corp. is preparing to take operating control of its joint ventures in Venezuela if Washington relaxes sanctions on Caracas to boost Read More

Finance Featured News Regional

GCC Bourses Remain Unaffected Following Russia’s War With Ukraine

Global Business Magazine March 3, 2022

Stock markets across the nosedived to new lows following the Russian invasion of Ukraine on February 24 but those in the GCC region Read More

Energy News Oil & Gas World

Explainer: Why $100 oil could hurt the energy transition more than it helps

Global Business Magazine March 3, 2022

The surge in crude oil prices past $100 a barrel has raised a big question: Will this latest spike in the notoriously volatile Read More

Energy News Oil & Gas World

Oil slides 2% as Iran talks offset Ukraine crisis

Global Business Magazine February 18, 2022

Oil prices fell about 2% on Thursday as talks to resurrect a nuclear deal with Iran entered their final stages and could unlock Read More

Business Economy News World

Several Asian refiners to receive full Saudi crude allocation in February -sources

Global Business Magazine January 11, 2022

Saudi Aramco (2222.SE) has notified at least five Asian buyers that it will supply full contractual volumes of crude oil in February, Read More

Business News World

Oil starts 2022 with rally towards $79 as Omicron impact concerns ease

Global Business Magazine January 3, 2022

Oil rose towards $79 a barrel on Monday supported by tight supply and hopes of further demand recovery in 2022 spurred in part by Read More

Business Economy News World

India’s Reliance eyes first oil cargo from UAE trade arm in Dec -source

Global Business Magazine December 15, 2021

India's Reliance Industries Ltd (RELI.NS), operator of the world's biggest refining complex at Jamnagar in Western India, aims to get the Read More

Business News World

Oil fall as Omicron risks weigh

Global Business Magazine December 13, 2021

Oil fell on Monday as new concerns about the Omicron coronavirus variant and doubts around the effectiveness of vaccines against it were Read More

Banking Finance News World

Abu Dhabi leads most Gulf bourses higher; Qatar dips

Global Business Magazine December 6, 2021

Most Gulf bourses ended higher on Sunday, with some recouping recent COVID-19-related losses, while the Abu Dhabi index hit another record Read More

Business Economy World

Oil gains after U.S. infrastructure bill passes, Chinese exports rise

Global Business Magazine November 8, 2021

Oil prices rose on Monday as positive signs for global economic growth supported the outlook for energy demand, while Saudi Arabia's state-owned Read More

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