Price
Top oil exporter Saudi Arabia may implement deep price cuts for the crude it sells to Asia in February after Middle East benchmarks and spot prices slumped this month, industry sources said. The producer is expected to cut official selling prices ..
Oil prices rose around 3% on Monday due to hopes that the Omicron COVID-19 variant will have a limited impact on global demand in 2022, even as surging cases caused flight cancellations. Global benchmark Brent crude rose $2.53, or 3.3%, to $7..
Coffee prices rose to a decade high on Wednesday, fueled by a shipping crunch, a spike in demand, and dry weather. The ICE Arabica coffee futures contract, which tracks the higher-quality bean, was sitting above $2.40 per pound midmorning in Europ..
QatarEnergy, on Tuesday, announced the fuel prices in Qatar for the month of December 2021, where the prices of both the diesel and petrol remain the same. <blockquote class="twitter-tweet"><p lang="en" dir="ltr&q..
India has cut the taxes paid by consumers on petrol and diesel after the surging cost of crude oil pushed fuel prices to record highs. The decision aims to ease price rises and "further spur the overall economic cycle", the government sa..
The European Union's carbon market is not the cause of soaring gas and power prices across Europe, EU climate policy chief Frans Timmermans said on Wednesday. "It is responsible to a very small extent, a maximum is one fifth," Timmer..
Qatar Petroleum (QP) today announced the fuel prices for the month of October 2021. The QP post showed in its official twitter accounted depicted that premium and super grade petrol price will remain the same while the price for diesel ..
Qatar’s energy minister said on Tuesday that he believes currently high gas prices reflect a lack of investment as well as a shortage of supply but added he did not regard the situation as a crisis. "There is a huge demand from all our ..
Soaring gas prices that threaten to push up winter fuel bills, hurt consumption and exacerbate a near-term spike in inflation are another blow to a world economy just getting back on its feet after the coronavirus shock. The gas market chaos, whic..
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