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Category Political

Digital transformation will unlock over $320B in savings for oil, gas industry, says Rystad Energy

Digital transformation will unlock over $320B in savings for oil, gas industry, says Rystad Energy

The oilfield services (OFS) sector is undergoing a profound transformation as digital innovation emerges as a defining force, creating new opportun...
Commodity wrap: rate cut hopes fuel gold, silver rally; oil prices climb on geopolitical risk

Commodity wrap: rate cut hopes fuel gold, silver rally; oil prices climb on geopolitical risk

Gold prices rose on Friday after the release of the US inflation data, which ignited fresh hopes for an interest rate cut by the Federal Reserve ne...
US core PCE slows to 2.8% in September, strengthening case for Fed rate cuts

US core PCE slows to 2.8% in September, strengthening case for Fed rate cuts

A key measure of US inflation eased more than expected in September, offering the Federal Reserve fresh evidence that price pressures are continuin...
India and Russia to boost strategic ties as trade pressure from US grows

India and Russia to boost strategic ties as trade pressure from US grows

India and Russia are using a closely watched meeting in New Delhi to reinforce their strategic and economic partnership at a time when pressure fro...
Geopolitical oil shock: US-Venezuela tensions threaten heavy crude prices

Geopolitical oil shock: US-Venezuela tensions threaten heavy crude prices

Escalating military tensions between the US and Venezuela are poised to significantly impact benchmark crude oil prices, as the Trump administratio...