Oil Prices Fall as OPEC+ Ramps Up Production
#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.
Latest right now for #oil
Trump Vows to Impose Tariffs on Indian Exports
#trump #tariffs #india #russia #oil #trade
President Trump declares intent to raise tariffs on Indian exports in response to their purchase of Russian oil.
Ukrainian Drone Strike on Russian Oil Depot in Sochi
#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.
EU Lowers Price Cap for Russian Crude
The EU has announced a new sanctions package that will have a significant impact on the global oil market.
Chevron's Victory in Hess Acquisition - Boosting Presence in Global Oil Industry
#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.
Trump's Tariff on Oil Imports from Russia Impacts India and Global Market
#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.
The OPEC+ Production Increase: What's Next for the Oil Market?
#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.
The Collapse of the Taliban's Oil Deal with Chinese Company
#taliban #china #oil #contract #controversy
An in-depth analysis of the controversial oil deal between the Taliban and a Chinese company, and its sudden collapse.
OPEC+ Plans to Boost Oil Output Amid Market Shifts
#oil #opec_plus #markets #economy
OPEC+ raises September oil output; markets react as prices dip and inflation data shapes the oil outlook through 2026.