Analysts expect oil prices to continue to rise in the coming months, moreover, Bank of America call the $100 per barrel mark by the summer of 2022. In the first half of 2021, oil has...

A sharp decline in international tourism due to the pandemic can cost the global economy $4.8 trillion in 2020-2021. One of the reasons is the lack of vaccines in developing countries. A report released on...

The IMF predicted the US the highest GDP growth rate in modern history. According to the forecast of the international organization, the American economy will grow by 7 percent this year, if the US legislators...

Saudi Arabia and Russia have reached preliminary agreements on a gradual increase in oil production in the OPEC+ countries in the coming months, and the development of the situation in the industry suggests that the...

Extreme weather conditions, growing demand and strict restrictions on the use of coal have led China to a catastrophic power shortage. The associated production and supply chain disruptions can threaten the global economy. The government’s...