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A couple of months ago it would have been a brave call to say that OPEC+ would be able to bring back 2.5 million barrels per ...
Last year, India leapfrogged China to become the biggest buyer of Russian oil, purchasing up to 2 million barrels of ...
Aramco pumped more oil but lower prices hurt its top line as crude on average fell to $66.7 a barrel from $76.3 earlier this ...
Oil futures spiked higher and remained off five-week lows Wednesday morning after President Donald Trump jacked up tariffs on U.S. imports from India to 50% citing the country's continued purchases of ...
A 10% jump in global crude oil prices could push India’s retail inflation up by 20 basis points, according to an RBI research paper. The study highlights India's continued sensitivity to oil ...
Oil prices could spike globally if Russia’s more than 7 million exported barrels of oil per day abruptly disappear.
U.S. President Donald Trump said on Tuesday he would increase the tariff charged on imports from India from the current rate ...
And although non-OPEC oil supply is expected to grow in the coming years, its incremental additions won’t be sufficient to offset such a large disruption. The likely result of a sustained triple-digit ...
Trump’s sanctions on Russia would be ‘extremely painful’ for US and risk global oil price spike, warns expert (REUTERS) But Mr Kolyandr doubts Mr Trump will follow through with the tariffs ...
Oil prices jumped Monday after Britian said a racing yacht carrying five U.K. nationals had been stopped by Iranian naval vessels and that they are now being held in Iran. Crude climbed $1.40 to ...
Regime change could send oil prices significantly higher, particularly if it results in a loss of oil from Iran. “The main concern is any disruption to energy flows and global confidence.