Browsing Tag
Oil
190 posts
UAE Leaving OPEC Hits Oil Prices as Global Supply Strains Grow
UAE leaving OPEC, effective May 1, 2026, deals one of the biggest blows the oil cartel has taken…
Oil News: UAE to Exit OPEC, OPEC+ After 59 Years
The United Arab Emirates says it plans to leave both the OPEC and OPEC+, significantly impacting the oil…
Indonesia to Start Buying Oil From BRICS Member Russia
The new BRICS member Indonesia is planning to start procuring oil from Russia as early as April, as…
US Oil Prices Surge Back Over $100, Gas Stocks Respond
Oil prices in the United States have returned to over $100 early Thursday morning despite the agreed ceasefire…
US: Middle East Oil Production to Drop by 9M Barrels Per Day
The US Government reportedly expects oil production in the Middle East to drop by as much as nine…
Iran: Ships Moving in Strait of Hormuz Must Pay in Crypto, Yuan
Iran is now demanding that ships transiting through the Strait of Hormuz must pay fees in crypto or…
Binance Officially Launches Oil and Natural Gas Futures Trading
Crypto trading platform Binance has officially launched oil and natural gas futures trading, the service announced Wednesday afternoon.…
Indian Refiners Turn to Rupee, Yuan, Dirham for Russian Oil Deals
The US dollar is currently experiencing headwinds, as tensions surrounding the US-Iran war continue to pile up rapidly.…
BRICS: Russia to Introduce Ban on Gasoline Exports From April 1
BRICS member Russia will introduce a ban on Gasoline exports starting on April 1, according to the Russian…
BRICS in Action: India Increasingly Dumps US Dollar for Oil Trade
Just when the US allowed India to procure Russian oil in early March, the BRICS country chose to…