Oil Prices
Economy
Oil Prices Rise as Saudi Arabia and Russia Extend Production Cuts
Oil prices hit a new annual high as Saudi Arabia and Russia, the world's largest oil exporters, announced an extension of production cuts. Brent crude, the global benchmark, rose 1.8 percent and traded above ninety dollars per barrel, while...
Business
Inflation Surge Hits United States, Greece
The scourge of inflation is hitting the United States and Greece hard this holiday season, with high prices for fuel oil and gas causing reverberations throughout the entire economy of the world.
Consumer prices in the US rose 6.8% in...
Energy
EnergyMin Says If Oil Prices Increase Government Will Take Measures
If the price of oil drastically increases the government will take the necessary measures, Environment and Energy Minister Giorgos Stathakis said on Monday, speaking to Real FM radio, responding to questions relating to the rise in international oil prices...
Economy
Euro Sinks Near 30-Month Low Due to Political Developments in Greece
The Eurozone currency hovers near a 30-month low against the US Dollar today due to the uncertainty spread in the union by the developments in the Greek political scene. The Greek Parliament yesterday failed for a third consecutive ballot...