The new variant was first detected in South Africa on November 11, and spread across more than 110 countries
30 Dec 2021 9:13 AM
The recovery in oil prices has also encouraged some US drillers to return to the wells
07 Sep 2020 11:33 AM
Moody's base case assumes a sharp contraction in the Indian economy in fiscal 2021 before returning to modest growth in fiscal 2021
21 Aug 2020 2:06 PM
The punitive tariff on single-mode optical fibre takes effect from August 14 and lasts for five years
13 Aug 2020 9:01 AM
Data traffic surged by 20 to 30 per cent as the lockdown increased demand for data connectivity
07 Aug 2020 1:59 PM
Oil demand has improved somewhat from the deep trough of the second quarter, supporting prices, although the recovery path is uneven
27 Jul 2020 2:21 PM
Prices have been marking time since hitting a four-month high earlier in the week on hopeful news about a coronavirus vaccine
23 Jul 2020 9:08 AM
Even as higher oil prices prompt producers to resume drilling, number of operating oil and natural gas rigs dropped to record low last week
29 Jun 2020 8:50 AM
TML's credit profile was already under pressure due to lower auto sales and falling demand in key markets even prior to coronavirus outbreak
19 Jun 2020 1:04 PM
U.S. crude and gasoline inventories are estimated to have fallen by 1.5 million barrels and about 100,000 barrels respectively in a week
09 Jun 2020 11:37 AM
Many airlines have improved liquidity but at the cost of rising debt burdens
08 Jun 2020 12:03 PM
On Saturday OPEC+ agreed to extend the deal by a third month through end-July
08 Jun 2020 9:03 AM
Oil markets have been battered as the virus strangled demand due to business closures and travel restrictions
06 May 2020 8:42 AM
The moves extended a dour start in May which began on Friday with bleak U.S. data and the threat of fresh trade-war hostilities
04 May 2020 9:03 AM
Oil markets have been in turmoil for weeks as the virus strangles demand due to business closures and travel restrictions
04 May 2020 9:01 AM
The Oil Fund had sold its contracts due to expire in June to move into longer-dated holdings amid fears about storage space
29 Apr 2020 8:40 AM
Prices have collapsed in recent weeks as demand for the commodity evaporated owing to lockdowns and travel restrictions imposed worldwide
27 Apr 2020 10:12 AM
Oil markets have plunged in recent weeks as lockdowns and travel restrictions to fight the coronavirus around the world batter demand
20 Apr 2020 9:40 AM
Oil markets tracked a rise in Asian stock markets and on Wall Street overnight
17 Apr 2020 9:03 AM
The International Energy Agency said Wednesday that 2020 was likely to be "the worst year in the history" of the sector
16 Apr 2020 9:00 AM