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global oil prices

WPI showing no respite
BR Research

WPI showing no respite

Wholesale Price Index (WPI) stayed near all-term high, almost unchanged from last month, at 38.6 percent. Recall ...
Published 04 Aug, 2022 09:07am
'Balancing act needed'
Opinion

'Balancing act needed'

This is apropos a Business Recorder op-ed "Balancing act needed" carried by the newspaper on Sunday. The writer, Ali...
Published 21 Sep, 2021 04:10am
Russia's economy shrank 3pc last year -revised data
World

Russia's economy shrank 3pc last year -revised data

  • The figures from the Federal Statistics Service Rosstat were marginally better than Rosstat's preliminary estimate that gross domestic product fell by 3.1% last year.
  • The coronavirus outbreak paralysed business activity in 2020, prompting the central bank to slash interest rates to a record low 4.25%, while a drop in global oil prices dented Russia's revenues.
Published 01 Apr, 2021 09:17pm
India terms Saudi response to call for more oil supplies 'undiplomatic'
Markets

India terms Saudi response to call for more oil supplies 'undiplomatic'

  • "I politely disagree with that kind of statement. Certainly India has its own strategy, when and how to use our own storage, and we are conscious about our interests," Pradhan said at an event.
  • He has blamed Saudi Arabia's voluntary production cuts for contributing to a spike in global oil prices.
Published 26 Mar, 2021 06:36pm