Ukraine’s central bank has been de facto printing money to pay its troops, but the measure is unsustainable. More international support is vital, but how much new cash could be raised domestically? As the war against...
Saudi energy giant Aramco says its profits have nearly doubled compared with last year. The firm, which is nearly fully state-owned, has seen both demand — and pump prices — soar. Saudi Arabia’s national oil...
A string of record-breaking profit reports from the world’s largest oil companies has raised eyebrows, given that consumers around the world are grappling with a worsening energy crisis. The global energy crisis and high inflation...
The US Dollar has been the global reserve currency ever since 1944 when the Bretton Woods Agreement was signed between the major nations of the world. For the uninitiated, a global reserve currency is a...
As the price for oil and gas explodes in Europe, heat pumps could be a meaningful alternative. In Germany, lavish state subsidies are making the idea even more attractive for single-family homes. With blistering summer...
Commodity markets are in the spotlight as Russia keeps selling its oil and gas through specialized dealers in Switzerland. The business brings in billions of dollars that could be used to fight the war in...
Germany has been tied to Russia through energy for decades. But as the EU moves to end its dependency on Russian energy, opposition from the continent’s biggest economy is fading into irrelevance. A few days...
Global stocks have fallen amid fears that the invasion would further fuel price rises and hurt the global economic recovery. The military intervention could deepen the food crisis in many countries, experts warn. Crude oil...
Washington has said it will release 50 million barrels of crude oil in an effort to bring down gas prices. India quickly announced it would also release 5 million barrels. The Biden administration on Tuesday...
The top oil producers have been holding back on a major production boost even as oil prices soar amid a supply crunch. With natural gas and coal prices at record highs, the oil price bump...
A tsunami of COVID-19 has impacted us all socially, economically and psychologically. The focus in the initial phase was on saving lives (Jaan) and is now shifting to economic wellbeing (Jahaan) of individuals, business and...
It’s not often that we’re served up a WTF moment like this. Just about a couple of hours ago, I published my article about US crude-oil benchmark grade West Texas Intermediate (WTI) and how the...
