In a historic move that could have far-reaching implications for the global economy, Saudi Arabia has announced the end of its decades-old petrodollar agreement with the United States. This… Read More
The energy crisis is one of the most pressing issues of our time, affecting every aspect of modern life, from economic stability and environmental sustainability to international security. I… Read More
Latest Hyderabad News Headlines, latest news headlines, live news online, technology, latest english news, top stories, today top story, entertainment news, telangana news, hyderabad news, a… Read More
Russia’s energy service said on Thursday that its oil creation in May surpassed standards set by the OPEC+ gathering of significant oil delivering nations, while vowing to meet its com… Read More
Oil pops above key pivotal degree of $75.27 and advances to contemporary five-day excessive.
Most buyers are in a wait-and-see mode forward of Wednesday’s US CPI and Fed choice.
The… Read More
Former president Donald Trump continues to repeat his stance as the crypto-friendly candidate, and it's resulting in votes and donations from the tech world.Trump has seen the light. 5 years… Read More
Kelly L
Real Estate Weekly Outlook
U.S. equity markets posted mixed performance while benchmark interest rates briefly dipped to two-month lows before retracing most the retreat late in th… Read More
Oil prices begin edging upwards, surpassing $74.00 after experiencing significant gains earlier this week. On an upbeat note, OPEC+ challenged bearish sentiment by warning against unwinding… Read More
Saudi Arabia added four additional banks for its optional offer contribution of oil monster Aramco, as the guides started taking requests on Sunday for the deal that could ultimately raise u… Read More
The OPEC brand on the constructing of the Group of the Petroleum Exporting Nations.
Thomas Coex | Afp | Getty Photos
The oil-producing Group of the Petroleum Exporting Nations and it… Read More
As OPEC+ prepares for its virtual meeting on June 2, 2024, the global oil market finds itself at a critical juncture. Crude oil prices have exhibited significant volatility this year, influe… Read More
The Arab world, particularly the countries of the Middle East, holds the lion's share of the world's oil reserves. Nations like Saudi Arabia, Iraq, the United Arab Emirates, Kuwait, and Qata… Read More
What is OPEC+ and how does it affect oil prices?
DUBAI (Reuters) – The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia are known collectively as… Read More
The rumble of car engines and the hum of industrial machinery, the soundtrack of our modern world, is powered by a single crucial resource, oil. This “black gold” fuels our trans… Read More
On Tuesday, the Biden administration announced plans to release one million barrels of gasoline from Northeastern reserves in an effort to stabilize rising fuel costs. The stated intent i… Read More
Dow dropped 201 (near session lows), decliners over advancers 5-2 & NAZ was off 31. The MLP index fell 4+ to the 276s & the REIT index was off 4 to 374. Junk bond funds e… Read More
In the realm of commodities trading, few instruments hold as much sway and complexity as crude oil futures contracts. These financial tools play a pivotal role in global markets, influencin… Read More
On Sunday, In a major setback for Iran, the country’s president Ebrahim Raisi who was seen as a potential successor to supreme leader Ayatollah Ali Khamenei met a helicopter crash, and… Read More
Retail diesel prices are now near levels not seen since the beginning of last summer.
The weekly average retail diesel price posted by the Department of Energy/Energy Information Adm… Read More
Deep beneath the harsh wasteland of the Antarctic shelf lies a prize hundreds of millions of years in the making.
For more than 150 years, wars have been fought for access to oil, the thic… Read More
Last week, the Federal Trade Commission (FTC) shared documents that would seem to suggest that U.S. shale oil firms purposefully colluded with the government of Saudi Arabia to fix oil pr… Read More
The period spanning 2023-1954 witnessed a remarkable era of transformation, marked by significant advancements in technology, society, and geopolitics. This era can be broadly divided into t… Read More
Lately, the conflict in some parts of the world has increased the price of crude oil, threatening developing economies like India. However, India’s friendship with Russia has paid off… Read More
With the latest manufacturing data from China that shows a relative slowdown, compared to March, both the traders and investors have been compelled to accept the inevitable; it is neit… Read More
01/04/2024The longstanding rivalry between Israel and Iran can be traced back to historical animosity and geopolitical tensions.
From the 1979 Iranian Revolution, which overthrew Iran&rsquo… Read More
Venezuela’s Bold Crypto Move Amid Oil Sanctions: A High-Stakes Gamble
By News 24 Media, Opinion Columnist
Introduction
Venezuela, a nation grappling with political turmoil, ec… Read More
The gas prices are rising significantly, and with every passing month, they soar higher. The main problem is why are gas prices going up and how can it be tackled globally. The average gas p… Read More
Ottawa: Negotiators from 175 countries are meeting from Tuesday in Canada to nail down a binding global treaty to end plastic pollution with many sticking points to be resolved five months… Read More
The energy markets breathed a sigh of relief on Friday, as the military conflict between the arch-enemies in the Middle East, Israel and Iran, appeared to have subsided - at least, for… Read More
As the world watches developments unfold, Bangladesh must remain resilient and proactive in safeguarding its economic stability
As we navigate through April 19, the dynamics of conflict b… Read More
Top 10 Most Powerful Countries in the World: In today’s interconnected world, the distribution of power among nations plays a crucial role in shaping global affairs. Economic stre… Read More
The global oil market operates as a linchpin in the world economy, influencing economic growth, geopolitics, and trade. As we delve into the essential principles of oil trading, it becomes e… Read More
Oil stabilizes following a decline amid discussions on a ceasefire in the Middle East.
The global oil benchmark Brent remained steady above $91 a barrel on Monday, mitigating initial decl… Read More
US home insurance rates are expected to reach a record high this year, with the biggest increases occurring in states prone to severe weather events, according to a new analysis. The aver… Read More
Chart:www.oilfutures.co.uk | Data: OPECAs the 53rd JMCC, Joint Ministerial Monitoring Committee, of the OPEC+ is scheduled to take place on April 3, analysts are looking at every possi… Read More
CARACAS, Venezuela (AP) — It’s a tale of two dramatically different political campaigns.
On Monday, throngs of supporters of President Nicolás Maduro rallied at a giant st… Read More
Okuama killings: Oodua Group Condemns General Olarenwaju’s Criticisms.
BY ABUBAKAR YUSUF.
The Oodua Integrity Network has described as a “dirty job” a statement credited to… Read More
ECONOMIC IMPORTANCE OF COVID19 (CORONAVIRUS) IN NIGERIA
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Remarkable information from the planet of international alliances! The BRICS bloc not too long ago extended invitations to 6 international locations throughout its yearly summit. Five of th… Read More
The year 1973 was one of contrasts for the United Kingdom. As political instability, economic troubles, and social unrest mounted at home, Britain also asserted itself as a thriving cultural… Read More
The OPEC+ alliance recently announced an extension of oil supply cutbacks in a bid to stabilize global oil prices. The decision, which extends the voluntary crude oil production cuts through… Read More
The price of crude oil shot up slightly at the beginning of this week, only to come down closer to where it had been in the last few weeks. The price of LNG, liquified natural gas, mea… Read More
In a significant development, China has declared a 7.2% increase in its defense budget for the year 2024, earmarking a staggering 1.67 trillion yuan.
The increment, outlined in the bud… Read More
Soaring global energy prices are impacting Africans, including major oil-exporting nations like Nigeria and Angola. While oil-producing countries see increased revenue post the Russian invas… Read More
(Bloomberg) — Oil rose, bolstered by pockets of power in bodily crude markets, whereas merchants weighed the potential for OPEC+ to increase its output cuts.
Most Learn from Bloombe… Read More