Tagged Under: crude oil
12/08/2023 / By Laura Harris
After days of intense negotiations and delays caused by disputes over production baselines, the Organization of the Petroleum Exporting Countries...
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10/26/2023 / By Ethan Huff
The Shanghai Petroleum and Natural Gas Exchange (SHPGX) just completed its first ever cross-border transaction for oil in digital yuan rather than...
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10/24/2023 / By Laura Harris
Reserve Bank of Australia (RBA) Gov. Michelle Bullock explained the potential impacts of the ongoing Israel-Hamas conflict on oil prices and global...
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10/11/2023 / By Arsenio Toledo
Large-scale hostilities between Israel and Palestinian militant groups in the Gaza Strip have sent crude oil prices surging even after oil prices...
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10/06/2023 / By Kevin Hughes
When nations from the West flaunted a big plan to strangle Russian oil imports and enforce sanctions on Moscow's energy exports, Russia was able to...
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08/17/2023 / By Laura Harris
Indian buyers see no reason to turn away from Russian Urals crude even as the discount to global benchmarks narrows. They argue that similar-quality...
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08/07/2023 / By Arsenio Toledo
The Organization of the Petroleum Exporting Countries' (OPEC) crude oil production has plummeted to its lowest level in three years, largely due to...
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05/24/2023 / By Laura Harris
The vast majority of Russian oil exports had been rerouted to China and India as Moscow continues to reduce its dependence on the European...
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04/14/2023 / By Belle Carter
Russia announced in March that it reduced its oil output in response to sanctions and a price cap on its petroleum imposed by the West. The...
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01/04/2023 / By Belle Carter
Russian President Vladimir Putin recently signed a decree to temporarily ban the export of oil products to the United States and other nations...
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12/04/2022 / By Kevin Hughes
While members of the European Union can't agree on the price cap for Russian crude, Asian countries China and India are buying it at a 40 percent...
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11/21/2022 / By Arsenio Toledo
Two-thirds of all Russian seaborne oil exports are now heading to Asian countries as the country continues to divest itself from relying on the...
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11/15/2022 / By Arsenio Toledo
India is about to lose its access to Russian oil exports if the United States and its European allies push through with a plan to force Russia to...
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11/03/2022 / By Ethan Huff
A core agreement between the United States and Saudi Arabia that has persisted since 1945 is being upended as communist China rises to the top of the...
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11/01/2022 / By Mary Villareal
Another oil price surge is expected in December in the U.S. if a European embargo on Russian oil goes into effect and the Saudis refuse to increase...
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10/28/2022 / By Arsenio Toledo
Oil prices in the United States are continuing to rise as the dollar weakens and the White House exports more and more crude oil and fuel. From...
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10/18/2022 / By Kevin Hughes
Hungary and Serbia are planning to build a new pipeline to dodge sanctions imposed by the European Union (EU) on Russian oil. The new pipeline will...
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08/05/2022 / By Arsenio Toledo
Saudi Arabia raised oil prices for Asian buyers to record-high levels for its September loadings. Saudi Aramco, the country's state-owned oil...
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07/12/2022 / By Kevin Hughes
The Washington Free Beacon (WFB) has reported that the Joe Biden administration sold close to one million barrels from the Strategic Petroleum...
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06/23/2022 / By Kevin Hughes
"Reality Camp" host Stacey Campfield slammed President Joe Biden's for overseeing America's downfall, most especially in the aspect of oil...
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