An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).

The price of oil has hit a six-week high amid fears over the escalating conflict in the Middle East. The market value of the benchmark Brent crude increased to almost $80 (£61) a barrel on Monday ...

When communication issues arise with E-commerce suppliers, it can disrupt your business operations. Here’s how to foster better relationships and ensure smoother transactions: ...

Copyright 2024 The Associated Press. All Rights Reserved. FILE - An array of pumpjacks operate near the site of a new oil and gas well being drilled April 8, 2022 in ...

Oil prices have surged after US President Joe ... The Australian share market closed lower as Bunnings defended its supplier relations and homebrand pricing in a submission to a Senate inquiry ...

In May 2024, Russia was India's top oil supplier, providing 41 per cent of crude imports. Iraq accounted for 20 per cent, while Saudi Arabia's share was 11 per cent. Why is crude oil on boil? The ...

The Middle East is in chaos, and the oil market is remarkably calm about it. Oil prices have climbed, but not dramatically so, even as the world braces for an all-out war in the most critical ...

Unlike L-ascorbic acid, which is water soluble, THD-ascorbate is oil soluble and can ... recommended SkinCeuticals C E Ferulic, calling it the gold-standard vitamin-C serum that’s suitable ...

Beyond its role as a global oil supplier, Iran’s strategic location near the Strait of Hormuz — through which major Persian Gulf energy producers such as Saudi Arabia, Qatar, and the UAE ...

1545 GMT – Oil price gains eased in late afternoon trade in Europe after a meeting of top OPEC+ ministers kept policy unchanged—including a plan to start raising output in December—bringing ...