Sunday, December 5, 2021

Energy

Oil industry had accomplished its best quarter in thirty years

During the three months through the end of June, oil prices just listed their finest quarterly presentation in thirty years, demonstrating a dramatic response after dropping to record in April. Oil prices just had their best quarter in 30 years...

Global oil prices drop for 2nd time as COVID-19 spike

On Monday, oil prices slipped again for the 2nd straight session as COVID-19 infections climbed up in the U.S. and many other countries, and those nations have to implement partial lockdowns that would definitely cut fuel demand. Brent crude, the international benchmark,...

Two top crude oil price reporting agencies initiate new US crude benchmarks

On Friday, two dominant oil price reporting companies individually projected novel United States crude benchmarks, as an effort to compete with the United States WTI (West Texas Intermediate) for future agreements. Two leading oil price reporting agencies separately launched new...

The United States oil slips below $11 a barrel

Oil prices of the United States are still continuously dropping, and investors have to face worry about an overproduction of crude at such time when nobody wants amid Coronavirus. On Tuesday, during Asian trading hours, West Texas Intermediate (WTI) plunged...

Stock futures climb despite oil market facing trouble

United States equity futures are signaling to a big open righter after the day when stocks are harshly suffering by another nasty dive. On Wednesday, at the time when trading starts, primary futures pointing a growth of one percent. As oil...

With negative oil worth, President Trump to make Strategic Petroleum Reserve historic buying opportunity

For the time in the history of the oil market, oil prices fell deeply and wonder experienced energy experts and veterans; meanwhile, Mr. Trump decided to turn bloodletting into a chance for the U.S. Donald Trump said that based on...

Crude declines on oversupply concerns

On Wednesday, oil prices fell consistently by oversupplying and oil market severely crushed by the pandemic coronavirus, which had halted the movement of flights, factories, and automobiles. On Wednesday, IEA ( The International Energy Agency) predicted that twenty-nine million barrel...

OPEC+ agreement rescued ‘above 2 million’ jobs in the U.S., says Russia’s sovereign wealth fund chief

Millions of United States jobs could be rescued by the OPEC+ agreement that would support oil prices, reported by the chief executive of Russian wealth fund RDIF(Russian Direct Investment Fund). On Monday, OPEC and its allies came to a deal...

OPEC+ strikes agreement to cut crude oil production by 9.7 million barrels per day

Russia and Saudi Arabia have bounded with the deal to all other dominant crude producing countries to cut oil production because they are striving to stabilize the oil market that is severely crashed by the pandemic Coronavirus. On Sunday, OPEC...

Iran tells United States crude production must be known before OPEC+ meeting

On Wednesday, Iran expressed its demand that United States crude oil production should have well known about its level before attending OPEC meeting that includes Russia and other countries to ramp up oil prices all around the globe. OPEC+ meeting...

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America Puts Blame on Iran for Stalled 2015 Iran Nuclear Negotiations

On Friday, the United States of America hit out at the Islamic Republic of Iran, saying nuclear discussions between...