Oil Price Plunge Could Severely Impact Russia's Economy
Russia's Central Bank Governor Elvira Nabiullina has warned that the recent sharp decline in oil prices, exacerbated by escalating tariff…
Russia's Central Bank Governor Elvira Nabiullina has warned that the recent sharp decline in oil prices, exacerbated by escalating tariff…
The ship levy aims to boost U.S. shipbuilding but is seen as unrealistic given America’s minimal commercial fleet compared to…
With WTI hovering near breakeven levels and OPEC+ unexpectedly ramping up output, analysts foresee consolidation among oilfield service companies as…
Iran's $17B South Pars gas contracts signal Russia to speed up delayed projects, with Moscow set to gain discounted gas…
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More NewsIndia has increased the excise duty on gasoline and diesel, effective April 8th, but the government assures consumers that retail prices will remain unchanged as the hike will be absorbed by oil marketing companies to offset potential price cuts from falling global oil prices.
1 day agoOil prices fell due to concerns about President Trump's tariffs and potential global recession, with West Texas Intermediate crude briefly dipping below $60 per barrel.
1 day agoCrude oil prices have continued their decline this week as market anxieties about a looming global recession intensify, compounded by retaliatory tariffs from China and OPEC+'s planned production increase.
1 day agoTrump’s sweeping new tariffs have rattled markets and raised concerns over global economic growth.
2 days agoThe U.S. president’s decisions have had an effect on who is buying Venezuelan oil, while any vessel tracker shows that there are still dozens of tankers arriving or mooring near the terminals of José, Amuay, and Puerto La Cruz.
2 days agoNew tariffs—especially the 64.9% rate on Chinese battery cells—threaten to significantly raise EV production costs and slow adoption in the U.S.
2 days ago