Browsing Tag
Oil
120 posts
Saudi Arabia’s Bahri To Acquire 9 Advanced Oil Tankers For $1 Billion
Saudi Arabia’s leading national shipping company, Bahri, has inked a $1 billion deal to purchase nine advanced oil…
A $280 Billion Oil Problem is Plaguing the US Economy
The US oil and gas economy thrives despite having a smaller workforce in 2024. This year alone, America…
Why Did Oil Prices Drop $10 in One Month?
Oil prices nosedived by $10 early this month as the US stock market crashed due to fears of…
US Oil Industry Reaches Record Volumes Despite Fewer Workers
The US oil industry is booming in 2024, with the highest outputs despite having fewer workers to manage…
BRICS: 2 New Countries Start Buying Oil From Iran, Ditch the US
BRICS member Iran is finding new countries to sell its oil and giving the US a run for…
Oil Prices Tumble More Than 2% as U.S. Recession Fears Mount
Oil prices continue their downward streak as fears of the U.S. recession grip the global financial markets. The…
Oil Prices Rise After Hamas Leader Killed in Iran
Oil prices surged by more than 1% on Wednesday after Hamas leader Ismail Haniyeh was killed in Iran.…
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…