The economy of Nigeria has had to navigate a major crisis that started with the collapse of oil prices in 2014 and was worsened by the ongoing restiveness in the oil rich Niger-Delta region.
Economics & Business
Sep 11, 2018
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1
Bargain-basement fares, high oil prices and a tumbling rupee are causing turbulence in India's hyper-competitive aviation market, virtually wiping out airlines' profits and leaving them scrambling to cut costs to survive.
Business
Aug 29, 2018
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7
Concerns about oil supplies have eased as major producers have stepped up output, but the respite may be only temporary as tough new US sanctions on Iran approach, the IEA warned on Friday.
Business
Aug 10, 2018
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Anglo-Dutch energy giant Royal Dutch Shell, French peer Total and Spain's Repsol on Thursday logged surging second-quarter net profits on the back of soaring oil prices.
Business
Jul 26, 2018
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Reports that President Donald Trump could soon tap the Strategic Petroleum Reserve in a bid to lower gasoline prices have raised concerns the emergency stockpile is being compromised for political purposes.
Energy & Green Tech
Jul 20, 2018
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India has shelved its plans to sell debt-stricken national carrier Air India after failing to attract any bidders, a senior official has told local media.
Business
Jun 20, 2018
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2
Trade wars and protectionism are key risk factors to airline profits already weakened by rising oil prices, the International Air Transport Association said Monday.
Business
Jun 4, 2018
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Surging oil prices are forecast to dent airlines' profits and could significantly hurt their bottom lines next year, the boss of airline industry group IATA warned Thursday.
Business
May 31, 2018
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5
Irish budget carrier Ryanair said Monday its net profit had risen 10 percent in 2017-2018 despite the cancellation of thousands of flights, but forecast a fall this year due to higher oil prices.
Business
May 21, 2018
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8
The CEO of French oil giant Total said Thursday he would not be surprised to see the price of a barrel of crude reach $100 later this year.
Energy & Green Tech
May 17, 2018
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