07 Jul 2025
#oil #opec #production #covid-19 #economy
OPEC+ has agreed to increase oil production after months of cuts due to COVID-19, causing prices to drop. Despite this, long-term outlook remains positive.
06 Aug 2025
#trump #tariffs #india #russia #oil #trade
President Trump declares intent to raise tariffs on Indian exports in response to their purchase of Russian oil.
19 Jul 2025
The EU has announced a new sanctions package that will have a significant impact on the global oil market.
19 Jul 2025
#chevron #hess #exxon #oil #acquisition
After a 20-month delay, Chevron finally acquires Hess Corp. to become the second-largest oil producer in the US.
04 Aug 2025
#ukraine #russia #drone #oil #war
A Ukrainian drone strike on a Russian oil depot in Sochi has caused significant damage and highlights the increasing use of drones in modern warfare.
05 Aug 2025
#opec #oil #market #production #covid-19
OPEC+ closes a tumultuous chapter with a final production increase, leaving traders to wonder about the future of the oil market.
07 Aug 2025
#trump #tariff #oil #india #global market
President Trump's decision to impose a 25% tariff on India for buying oil from Russia has sparked outrage and concern. The move has major implications for India's economy and the global oil market.