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Oil pours out of a spout from Edwin Drake's original 1859 well that launched the modern petroleum industry at the Drake Well Museum and Park in Titusville, Pennsylvania

Oil Opens Mixed As Economic Fears Pressure Prices

Oil prices were mixed in early Asian trade on Wednesday after falling to their lowest settlement levels this year as economic uncertainty and the prospect of higher interest rates pressured prices.
Debashis Dhara, a vegetable vendor, speaks on his mobile phone at a retail market area in Kolkata

India Well Placed To Face Global Headwinds -World Bank

India is better placed than many other emerging economies to weather the impact of global headwinds, the World Bank said on Tuesday, revising up its growth forecast for the country to 6.9% for fiscal 2022 from an earlier estimate of 6.5%.
The IMF logo is seen outside the headquarters building in Washington

Pakistan, IMF Begin Talks On $7 Billion Loan Review

Pakistan and the International Monetary Fund have begun talks online on a ninth review of a $7 billion loan programme, the Finance Ministry said on Monday, after a media outlet reported that the lender had asked the country to cut its expenses.

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