global oil market
Several major oil-exporting nations, including Saudi Arabia and Iraq, have announced surprise production cuts as the world continues to grapple with an ongoing energy crisis
Riyadh, Moscow and Abu Dhabi have vowed to boost oil production as of 1st April, when the current OPEC agreement to curb oil production expires
The deal by Shell to buy BG Group could set off a series of takeovers in the oil and gas sector. Market analysts Fitch Ratings made the prediction in light of the reaction of the financial markets and the fact the deal shows a huge company like Shell, has confidence in the sector in a […]