Markets
Exxon’s Acquisition of Pioneer for $60 billion: A Game Changer in the Shale Oil Industry
The deal would allow Exxon to enhance its output in the Permian region to the equivalent...
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ADNOC Doubling Down on Global Expansion for Diversification
ADNOC is also diversifying into the renewables sector, petrochemicals, and liquified natural gas (LNG) Abu Dhabi...
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SoftBank Looks to Raise $4.87 Billion with Upcoming IPO
SoftBank's Arm is an integral part of the chip supply chain and earlier the company had...
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Africa Becomes the New Playground for Oil Giants
With its recent crude discoveries, Africa has shot to the limelight as the new hunting ground...
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How did UAE Outpace Saudi Arabia In the Oil Market?
The United Arab Emirates (UAE) has ramped up its oil production amidst global turmoil. Simultaneously, its...
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Larry Fink Appoints Saudi Oil Giant Head To BlackRock’s Board
Larry Fink has been vouching for environmental, social and governance goals to be adopted by American...
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US Credit Rating Downgraded by Fitch, Falls
Fitch’s downgrade report on America is the blended rating of the trio of credit rating agencies...
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India’s Rice Export Ban: Both Driver and Effect of the Global Food Crisis
Indians are now paying an extra 11.5% for rice than in 2022, according to the Ministry...
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Silicon Valley Facing An Investment Winter, While Stocks Climb
SVB collapse gave a major blow to similar banks in Silicon Valley, drying up funds for...
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Saudi Arabia’s Oil Production Cut To Be Effective from July
Except for Saudi Arabia, all OPEC producers have also agreed to continue decreasing the supply until...
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