Browsing Tag
Oil
193 posts
US Sale of Venezuelan Oil Reaches $13 Billion Under Trump
President Donald Trump ordered the seizure of Venezuelan oil in December 2025 after the US overthrew Nicolas Maduro…
Goldman Sachs Says Oil May Hit $120: Stocks, Crypto To Dip?
According to Goldman Sachs Brent crude oil prices could climb to $120 by the fourth quarter of this…
Iran Launches Bitcoin-Backed Hormuz Safe for Strait Access
Iran has announced it is launching a Bitcoin-backed insurance service for shipping companies wanting to transit the Strait…
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.…