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U.S. Senators Propose Secondary Sanctions On Russian Oil

U.S. senators have put forward legislation that would impose secondary sanctions on Russian crude oil, Reuters said on Tuesday, in a move that could...
News

Biden: US Would Defend Taiwan Against Chinese Invasion

President Joe Biden says U.S. forces would defend Taiwan if China tries to invade the self-ruled island claimed by Beijing as part of its...
Economy

Fears Of Economic Slowdown Cap Crude Prices

The oil market is currently very much focused on the bearish signals, with prices reflecting fears of slowdown in China, a slowdown or...
Headline

China And Russia Move To Disrupt The Dollar’s Dominance In Oil Markets

Russia and China are making moves to dethrone the U.S. dollar in global oil markets. Russian and Chinese hydrocarbon giants, Gazprom and China...
Economy

OPEC Upbeat On Global Economic Growth

Global economic growth is set to remain robust at 3.1% this year and another 3.1% next year, OPEC said on Tuesday in a forecast...
Headline

Oil Prices Under Pressure As Demand Concerns Mount

Oil prices started the week more than a dollar down as bearish sentiment continues to weigh on markets. Reports that China could see...
Headline

Further OPEC+ Production Cuts Could Be Looming

OPEC+ cut oil production targets by 100,000 barrels per day for the month of October.  Though the cut was minimal, it could signal...
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