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PRIGOZHIN'S REVOLT Prigozhin, a former convict and long-time ally of Putin, leads a private army that includes thousands of former prisoners recruited from Russian jails. His men took on the fiercest fighting of the 16-month Ukraine war,…

Last Updated: June 05, 2023, 05:28 ISTNew York, United States of America (USA)Pump jacks operate at sunset in an oil field in Midland, Texas U.S. August 22, 2018. (Reuters/FILE PHOTO)Brent crude futures was at $78.42 a barrel, up $2.29, or…

It’s not just that oil prices have fallen 25% since late last year to $75 a barrel, but that relative to the price of manufactured goods oil is even cheaper.  In the global race against inflation, the…

Last Updated: May 16, 2023, 01:06 ISTWildfires raged in Alberta, Canada, shutting in large amounts of crude supply, and prices rose on fears they could worsen, said Mizuho analyst Robert Yawger. (Image: Reuters File)Brent crude futures were…

SINGAPORE : Oil prices jumped more than $5 a barrel on Monday's open, jolted by a surprise announcement by OPEC+ to cut production further in an effort to support market stability.Brent crude hit the highest in nearly a month at the…

Last Updated: March 13, 2023, 06:59 ISTA view shows the Russian oil producer Gazprom Neft's Moscow oil refinery on the south-eastern outskirts of Moscow on April 28, 2022. (AFP)Pakistan, which is currently grappling with high external debt…

<!-- -->Pakistan will first import one Russian crude oil ship to test landed cost. (Representational)Islamabad: Cash-strapped Pakistan is making concerted efforts to procure Russian crude oil at USD 50 per barrel, at least USD 10 per…

Valentine's week has already begun and the countdown to D-day is raising excitement around us. From planning special dates to popping the question, there's a lot on people's minds. We can only imagine the stress and anxiety of those…

Easing inflation expectations this year may be at risk of a reversal as Goldman Sachs said that with China and other Asian economies fully reopening from their pandemic restrictions, a barrel of Brent oil could reach $110 by the third…

ZOOOK has introduced the Twin Barrel, a dual towerspeaker with a powerful 120W output that provides an immersive sound experience. The speakers are suitable for use at house parties, TV, and streaming and have a sleek design. They have…