An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).
Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...
NAB International Senior Economist Gerard Burg has confirmed rising tensions in the Middle East have caused lifted oil prices over the last few weeks. Mr Burg’s comments came after it was ...
Oasis have expanded their reunion tour with 2025 Australian dates, which will follow hugely anticipated dates across the UK, Ireland, North America, Canada and Mexico through next year.
The price of oil has hit a six-week high amid fears over the escalating conflict in the Middle East. The market value of the benchmark Brent crude increased to almost $80 (£61) a barrel on Monday ...
Oil and gas exploration with associated natural gas flows as a by-product in California, oil and gas exploration, production and development activities in Canada, and oil and gas exploration ...
But the extreme escalation in the conflict in the Middle East this week has increased geopolitical tensions and sent oil prices higher ... graphic below from the Australian Institute of Petroleum.
It’s difficult to give a timeline.” Timber himself sounded the alarm ahead of Arsenal’s Champions League encounter with PSG about the hectic schedule with which top players are having to ...
Escalating conflict in the Middle East has put oil markets on alert, with rising prices sparking worries Aussie motorists will pay more at the bowser. Prices for the crucial commodity have lifted 8 ...
Mikel Arteta had positive injury updates to share surrounding Jurrien Timber, Ben White and Takehiro Tomiyasu. Jurrien came off at half-time against PSG on Tuesday with a muscular issue, while Ben ...