Oil Prices - Global Business Magazine

Analysis: An oil shock is coming, but the U.S. may have already paid for it

Global Business Magazine March 10, 2022

The gusher of money the U.S. government poured into family bank accounts during the coronavirus pandemic, credited with speeding the rebound Read More

Energy News Oil & Gas World

Oil bounces as tight supply gives high floor to prices

Global Business Magazine March 10, 2022

Oil prices bounced on Thursday from a sharp drop in the previous session after the United Arab Emirates backtracked on statements saying Read More

Business News World

Food crisis grows as spiralling prices spark export bans

Global Business Magazine March 9, 2022

A global food crisis sparked by Russia's invasion of Ukraine escalated on Wednesday as Indonesia tightened curbs on palm oil exports, adding Read More

Energy News Oil & Gas World

Oil falls to $125 on speculation U.S. Russia oil ban won’t worsen supply shock

Global Business Magazine March 9, 2022

Oil fell to around $125 a barrel on Wednesday as some investors took the view that the U.S. ban on Russian oil Read More

Finance News World

Morning Bid: A new kind of curtain

Global Business Magazine March 9, 2022

When McDonald's opened in central Moscow's Pushkin Square in 1990, it became a symbol of thriving American capitalism as the Soviet Union fell.Read More

Business News World

Explainer: How sanctions against Russia are battering the global aviation industry

Global Business Magazine March 8, 2022

Russia's size and close integration into the global aviation industry since the end of the Cold War means sanctions related to its Read More

Finance News World

Tightening financial conditions sound alarm for world economy

Global Business Magazine March 8, 2022

Global financial conditions, perceived as strongly correlated with future growth, are at the tightest in two years, driven by soaring energy prices, Read More