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Halving oil prices for a year would reduce the value of net exports from sub-Saharan Africa by $30 billion, according to Dirk Willem te Velde of the London-based Overseas Development Institute ...
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Get PriceIndia discusses ‘oil buyers club’ with China, seeks US crude to tackle OPEC Production cuts by OPEC have led to international oil prices hitting a four year high last month that forced a Rs 3 ...
Get PriceThe price of oil, or the oil price, generally refers to the spot price of a barrel of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil, Isthmus and Western Canadian Select (WCS). There is a differential in the price of a barrel of oil based on ...
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Get PriceAn India-China maneouvre could soon leave world's oil powers toothless India and China have neared a deal to set up a buyers' bloc that may tilt bargaining power in importers' favour.
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