Browsing Tag
Oil
114 posts
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…
BRICS Surpasses the US in Gas Trade to Europe
The BRICS alliance has surpassed the US in gas trade to Europe for the first time in almost…
BRICS: Saudi Arabia To Sell Oil in Multiple Currencies
The Kingdom of Saudi Arabia’s 50-year-old agreement with the U.S. to sell oil in the petrodollar has expired.…
BRICS: China Helps Taliban Sell $80 Million Worth Crude Oil in 10 Days
The war-torn Afghanistan’s conservative government, the Taliban announced that it sold $80 million worth of crude oil in…
Citi Analysts Predict Oil Prices Could Crash To $60 a Barrel
Citi analysts remain bearish on oil prices and predict a sharp fall highlighting the ongoing geopolitical tensions around…
BRICS: Europe Looks To End Reliance on Russian Energy, Buys US Gas
BRICS member Russia could experience a rude shock as Europe is actively looking to end reliance on Russian…
BRICS: Russia Makes Massive Oil Discovery
BRICS member Russia announced on Sunday that it has found massive oil and gas reserves in the British…
Trump Seeks $1 Billion From Oil Firms To Scrap Biden Climate Policies
The race for the presidential election heats up as Trump is pulling all the strings to beat his…
U.S. Oil and Gas Production Shatters Records in 2024
Not Saudi Arabia or Russia, the U.S. is now the largest producer of oil and gas in the…
BRICS: 20% of Oil Payments Settled in Local Currencies, Not US Dollar
BRICS is aiming to control the global oil sector and bring the US dollar down using local currencies…