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Crude Oil
America loses Dollar’s supremacy in global trade as Saudi Arabia shifts...
The United States has witnessed the erosion of the dollar's long-held dominance in global trade. The catalyst? Saudi Arabia’s decision to no longer sell...
Oil drops amid reports of Iranian crude export deal
Oil fell sharply, after a news report quoted sources as saying Iran and the United States were close to an interim deal that eases...
Oil rises, supported by the possible halt in the rise in...
At an OPEC+ meeting last Sunday, the alliance announced that it had agreed on a new production target of 40.46 million barrels per day...
For these reasons, oil markets are on the rise, overcoming fears...
Data from the US Energy Information Administration revealed a sudden drop in crude inventories of 500,000 barrels in the week ending June 2, as...
Possibilities to stop rising US interest rates push oil higher
Officials from the Federal Reserve (the US central bank) on Wednesday hinted at a possible missed rate hike in June, contrary to market...
Chinese headwinds blow over oil, despite progress on debt ceiling law
Legislation negotiated by President Joe Biden and House Speaker Kevin McCarthy to raise the US debt ceiling by $31.4 trillion cleared a significant...
US crude poised for small weekly losses
As of 0300 GMT, Brent crude fell 51 cents, or 0.7%, to $75.75 a barrel, while US West Texas Intermediate crude fell 30 cents,...
US debt concerns put pressure on oil markets
Fitch has placed the US AAA credit rating on watch for possible downgrade due to the risk of Washington defaulting on its debts if...
Oil jumps after a sharp and sudden drop in US oil...
Crude oil inventories fell 12.5 million barrels in the week ending May 19, to 455.2 million barrels, compared to analysts' expectations of an 800,000-barrel...
Supply shortage issues push oil higher
Data from the American Petroleum Institute on Tuesday evening showed a sharp drop in crude oil and fuel inventories in the United States.According to...
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Just In
Israeli soldier families demand Netanyahu to halt Gaza offensive
Most recently, families of Israeli soldiers have urged Prime Minister Benjamin Netanyahu to stop the military offensive on Gaza and to secure deal agreements...
Panama and Greenland react to Trump, ‘We are not for sale’
Donald Trump’s statements about taking back the Panama Canal and returning Greenland to US control have sparked international backlash. While Greenland said "We are...
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