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Opec head warns of energy crunch due to' underinvestment'

Oil prices are not going to fall soon according to the head of producers cartel Opec despite prediction...

October 3, 2023, 3:45 am

Blackrock, state street and vanguard are 'arguably the most powerful cartel in human history', republican candidate vivek ramaswamy says

Republican candidate Vivek Ramaswamy has taken aim at some of America's biggest money managers. He described BlackRock, State Street, and Vanguard as ...

August 22, 2023, 9:10 am

Barclays, jpmorgan and citi must face fx cartelisation class action

Some of the world's largest financial institutions will have to face a class-action lawsuit over their participation in foreign exchange ...

July 25, 2023, 11:04 am

Opec+ fights for higher oil prices: they're on the way

OPEC+ is fighting hard to keep oil NYSEARCA: USO prices steady, if not on the rise. The latest news is that the Oil Producing and Exporting Countries ...

July 7, 2023, 7:01 am

Tesla, chinese ev makers just formed a cartel

When is agreeing not to compete on price okay? Tesla CEO Elon Musk would probably answer, “Whenever I say so....

July 6, 2023, 9:23 am

Vde: compelling reasons for a floor in crude oil supporting petroleum stocks

Crude oil prices have declined but remain above $60 per barrel, with the potential for higher prices due to the influence of the international oil ...

June 29, 2023, 3:15 pm

Opec will once again ban news organisations from attending its meeting (july 5 and 6)

The OPEC oil cartel banned journalists from its meeting earlier in June:OPEC leaves major newswires off...

June 29, 2023, 12:38 am

Opec denies to inviting guyana to be part of the organisation

There was a report yesterday stating that OPEC were had invited Guyana, one of the more faster growing oil producers globally at the moment, to join i...

June 27, 2023, 10:34 am

Icymi: ubs expecting rising demand, falling inventory to support oil over northern summer

A note from UBS argues of higher oil prices in the coming months.Analysts at the bank cite:the seasonal rise in demand aheadand more visibility for la...

June 23, 2023, 3:35 am

Saudi arabia & opec+ are trying to combat “uncertainties and sentiment” in the oil market

Bloomberg (gated) has the report of remarks from Saudi Arabia's Prince Abdulaziz bin Salman at an Arab-China business forum in Riyadh.on Sunday:Saudi ...

June 11, 2023, 8:42 pm

Ubs slams eu antitrust regulators for 'arbitrary' $186 mln cartel fine

UBS on Friday criticised EU antitrust regulators over the way they calculated its 172.4-million-euro ($186 million) ...

June 9, 2023, 5:39 am

$3500 per headset

Crude oil fully pared post-OPEC gains yesterday, as Saudi’s lonely production cuts and the quota transfer from African countries to UAE raised quest...

June 6, 2023, 6:46 am

Opec+ preview: crude oil prices linger ahead of production guidance

Brent crude oil prices look for directional bias from the upcoming OPEC+ meeting with the cartel grappl...

June 4, 2023, 4:59 am

Wti oil: oil consolidating after strong fall on thursday

Oil price regained traction and edged higher on Friday morning, after falling over 3% previous day, following comments from Russian member of OPEC+ th...

May 26, 2023, 10:22 am

Wti crude oil climbs $2 as opec sticks to its word

Oil is riding a strong risk mood and signs that OPEC+ members are following through on their pledged output cuts. The cuts took effect from May 1 but ...

May 17, 2023, 5:33 pm

Vauxhall owner takes legal action against suppliers over alleged price fixing

Vauxhall owner Stellantis has taken legal action against tyre maker Continental and electronics group Bosch over alleged price fixing. The group is th...

May 2, 2023, 7:23 am

Gunmen storm mexican resort, kill 7, including child

By Daniel Becerril MEXICO CITY (Reuters) – Armed men on Saturday killed a child and six others after storming a resort in the central Mexican state ...

April 16, 2023, 4:31 am

Us justice department sanctioned five people and a bitcoin address tied to sinaloa cartel

The OFAC made a move because all of the sanctioned entities supposedly played some role in supplying drug cart...

April 15, 2023, 4:44 pm

Us charges el chapo sons, chinese businessmen with fentanyl trafficking

By Katharine Jackson and Luc Cohen (Reuters) – The United States has charged leaders of the Mexico-based Sinaloa ...

April 14, 2023, 4:46 pm

Us, mexico agree to ramp up fight against fentanyl and arms trafficking

By Adriana Barrera and Lizbeth Diaz MEXICO CITY (Reuters) – Mexico and the United States on Thursday agreed to ramp up the fight against fentanyl tr...

April 14, 2023, 3:01 am


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