Oil Rises 1 Per Cent As U.S. Crude Drawdown Overshadows OPEC+ Boost

Oil prices fell earlier on Thursday as Saudi Arabia and other OPEC+ states agreed to bring…

Oil Jumps To 13-Week High On Rising U.S. Gasoline Demand

The move has raised tensions with the United States and other countries negotiating with Iran over…

Oil Rises On Tight Supplies; Trade Choppy On Demand Worries

Brent crude rose 26 cents to settle at $122.27 a barrel. U.S. West Texas Intermediate crude…

Drivers Shrug Off Soaring Fuel Prices, For Now

Drivers around the world are tolerating record-high prices for road fuels, as mobility wins out for…

India’s Reliance Considers Buying Out Revlon In U.S.

Reliance has pushed its way into the fashion and personal care space in recent months as…

Old Is Gold: Sky-High Cost Of Ageing Ships Sounds Inflation SOS

Shipping companies are transforming rust buckets into gold mines in a modern-day alchemy that could fuel…

Oil Prices Slump As Investors Fear Fed Rate Hikes Will Hurt Demand

Investors have been paring positions in risky assets as they assess whether inflation-fighting central banks could…

China EV Startups Say May Sales Up, Post-Lockdown Output Constrained

All three companies cautioned that output had not yet fully recovered, constrained by parts supply issues.…

S.Korea Truckers End Strike; Govt Agrees To Extend Pay Guarantee

The latest round of talks were held at a major industrial transport hub near the capital,…

Vinfast Parts Ways With Four Top Executives As It Readies Expansion

A spokesman for VinFast, a unit of conglomerate Vingroup, said it had “ended labour contracts” with…