VIENNA, June 4 (Reuters) – OPEC and its allies met on Sunday to try to agree further cuts in production, sources told Reuters, as the group faces flagging oil prices and a looming supply glut. […]
The arguments shared in this analysis about why Venezuela won’t join BRICS during this summer’s summit raise the question of why Lula publicly supported Maduro’s membership bid despite the near impossibility of it being approved. […]
Eni, an Italian multinational energy giant headquartered in Rome, in its latest 2022 report has outlined the main outcomes and objectives in the energy transition pathways for a number of African countries. It described Eni’s contribution […]
The BRICS alliance is looking to create a new currency to settle international trade and dethrone the U.S. dollar from its global status. If the new BRICS currency gains the trust of other countries, the […]
A bulldozer and a crane lift barren earth from the ground at breakneck speed as six men in white thobe gowns tied around their waists carefully stack 100-pound slabs of rock in a long, neat row. A […]
It is now established that the US dollar’s status as a global reserve currency is eroding. When corporate western media begins to attack the multipolar world’s de-dollarization narrative in earnest, you know the panic in Washington has fully set in. The numbers: […]
CAPE TOWN: Nineteen countries expressed an interest in joining the BRICS group of nations as it prepares to hold an annual summit in South Africa. The emerging-markets bloc of Brazil, Russia, India, China and South Africa will […]
Saudi Arabia’s revenues are expected to increase this year due to the high oil prices that will be generated by the reduction in crude oil production by several OPEC countries and Russia from May onwards. Saudi […]
Beirut, Lebanon – As the recent China-brokered Saudi-Iran deal brought a glimmer of hope to the Middle East, it cast a shadow of doubt on Lebanon, where a months-long presidential vacuum has deepened the country’s […]
The Saudi-led oil producing group OPEC+ has signalled it would hold the oil supply steady to maintain a stable market. But in a surprise move, the alliance, which includes Russia, announced it would slash output […]
Copyright © 2025 | Sandstone Group