The impact of Omicron has caused oil prices to reach $100 a barrel. By the end of 2022, crude oil prices are likely to soar 35%. Production shortfall despite increasing demand along with geopolitical tensions is an unusual combination. As reported on Al Jazeera yesterday, Texas Intermediate crude slipped down to 0.70% at $84.95. And
Dr. Alka Mittal joined state-owned ONGC as a graduate trainee in 1985. Being the first woman to head ONGC as Chairperson & MD, Dr. Alka Mittal welcomed the New Year’s with a bang. Who is Alka Mittal? Dr. Alka Mittal is a Doctorate holder in Commerce and Business Studies and is a postgraduate in Economics,
A sigh of relief for the Oil industry as these yearly gains are a clear sign of bouncing back from the Covid crisis. The world is still facing the aftermath of the Covid-19 pandemic. Within the midst of such a crisis, the surge of omicron infected victims is like adding oil to the fire. Such
With global economies increasingly relying on petroleum-based products, the world’s dependence on oil and gas is increasing. It seems unlikely that world oil and gas production will peak anytime soon. While the global economy is weakening and oil availability is decreasing. The top oil and gas companies still wield enormous influence in international economics and
