Browsing Tag
Oil
93 posts
Oil Prices Rise After Biden Drops Out of Presidential Race
Joe Biden dropped out of the presidential race on Sunday and endorsed Vice President Kamala Harris for 2024.…
Oil Prices Experience Big Gains, Surges 2%
Oil prices delivered top gains in the commodity markets on Wednesday as it surged 2% in the day’s…
BRICS: Iran Proposes New Ambitious De-Dollarization Campaign
The new BRICS member Iran proposed an ambitious de-dollarization campaign that could change bilateral oil and gas trade…
BRICS: Expansion Could Bring $100B Oil Surge by 2028
As the BRICS alliance continues its expansion efforts into Southeast Asia, the expansion could bring a $100 billion…
BRICS: Why Do Asian Countries Buy Oil With the U.S. Dollar?
Despite looking to cut ties with the U.S. dollar, BRICS and other Asian countries don’t pay local currencies…
BRICS: Saudi Arabia Makes Massive Oil and Gas Discovery
Saudi Arabia announced a massive discovery of oil and gas deposits in the Eastern Province of the Kingdom…
BRICS To Use Gold And Oil Production To Dethrone US Dollar
The BRICS economic alliance has had a strong 2024 in terms of its de-dollarization mission. Led by its…
BRICS: Russia’s Oil Revenue Sees Huge Growth: 50% Increase
Russia’s oil and gas revenue in June rises by more than 50% year on year to $9.4 billion,…
Petrodollar: Chinese Yuan Can Rise Globally, Put US Dollar in Jeopardy
The petrodollar mayhem has now intensified after the Saudi Arabian regime decided to foster the multipolar currency narrative.…
Petrodollar: UBS Clarifies What Happens To the US Dollar
Petrodollar is the most used word in the financial sphere as the 50-year agreement with Saudi Arabia has…