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Guyana and Macau Top Global List of Fastest-Growing Economies

Guyana is experiencing a substantial economic boom, with an estimated 38.4 percent growth in GDP in 2023, largely due to significant oil discoveries. ....

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Brent Breaks Past $80 Barrier As Houthis Attack Red Sea

Brent crude oil prices have surpassed the $80 mark due to escalating Houthi attacks in the Red Sea and concerns over potential disruptions in energy trade. ....

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China Explores Major Infrastructure Projects in Caspian Ports

China is actively exploring the development of infrastructure projects in Kazakhstan and Kyrgyzstan, including port facilities, railway lines, and air routes, to enhance regional connectivity and trade. ....

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Elon Musk Asks World to Stop Demonizing Oil (for now)

Elon Musk has regaled a right-wing summit in Italy with criticism of climate-change “exaggerating” environmentalists, and called on the public to stop “demonizing” fossil fuels. ....

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U.S. Crude, Product Inventory Builds Set To Deliver Cheap Gas For Holidays

Crude oil inventories in the United States rose this week by 939,000 barrels for the week ending December 15, according to The American Petroleum Institute (API). ....

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