Money Talks

Oil companies' profits have nearly doubled compared to last year

Oil prices are rebounding today, after dropping to their lowest level in months on weak US demand. US crude oil inventories rose unexpectedly last week as exports and domestic demand weakened. On the supply side, OPEC and its allies agreed to a small increase in their collective output, equal to about 0.1% of global oil demand. United Nations Secretary-General Antonio Guterres has slammed the "grotesque greed" of energy majors. He's urging governments to "tax excessive profits" and use the proceeds to boost social spending. For more on that, we spoke to Osama Rizvi, who is energy and economic analyst at Primary Vision in Lahore. #Oil #OilPrices #OPEC

OPEC agrees to cut oil supplies | Money Talks

OPEC agrees to cut oil supplies | Money Talks

Oil prices give up gains after OPEC+ extends production cuts | Money Talks

Oil prices give up gains after OPEC+ extends production cuts | Money Talks

Qatar is leaving OPEC

Qatar is leaving OPEC

Qatar to leave OPEC next month | Money Talks

Qatar to leave OPEC next month | Money Talks

UN agency calls on central banks to halt interest rate hikes

UN agency calls on central banks to halt interest rate hikes

UK reverses tax cut proposal after market, public backlash

UK reverses tax cut proposal after market, public backlash

Oil prices rally as OPEC+ alliance plans major output cut

Oil prices rally as OPEC+ alliance plans major output cut

British currency falls to record low as Truss bares tax cuts

British currency falls to record low as Truss bares tax cuts

Businesses set to leave China as economy falters

Businesses set to leave China as economy falters

Market Movers: Italy's new PM to face economic challenges ahead

Market Movers: Italy's new PM to face economic challenges ahead

Deluge threatens to worsen food insecurity in Nigeria

Deluge threatens to worsen food insecurity in Nigeria

‘Get rich quick schemes are too good to be true’

‘Get rich quick schemes are too good to be true’

UK economy averts immediate recession with 0.2% expansion

UK economy averts immediate recession with 0.2% expansion

European stocks set to rebound after BOE placates markets

European stocks set to rebound after BOE placates markets

UK tax cuts package estimated to cost around $45B

UK tax cuts package estimated to cost around $45B

Chinese yuan drops to weakest level since 2008 as growth falters

Chinese yuan drops to weakest level since 2008 as growth falters

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