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"Extremely Tense": Russia Rattled As Oil Plummets To $52 Over Trump Tariffs
Russia, whose economy is heavily dependent on oil, energy, and mineral exports to the world, is staring at a crisis, should oil prices continue to plummet the way they are currently.
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Why Saudi Arabia Rebuffed Biden's Pleas for More Oil
The US has accused Saudi Arabia of siding with Russia after it led OPEC+ in a shock decision to slash crude output, keeping oil prices high at a time of global concern about inflation.
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Oil Prices Ease To Below $98 A Barrel, Extend Losses On Supply Boost News
Oil prices dropped for a second session on Monday after the head of the world's top exporter, Saudi Aramco, said it is ready to ramp up output while production at several offshore US Gulf of Mexico platforms is resuming after a brief outage last week.
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US Claims India Hid Russian Origin Of Fuel Shipped To Them: Report
The United States has expressed concern to India that it was being used to export fuel made from Russian crude, through high-seas transfers to hide its origin, to New York in violation of US sanctions, a top Indian central banker said on Saturday.
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Oil Slides 2% On Rising U.S. Fuel Stocks And Output
Oil prices slid about 2% on Wednesday as a rise in U.S. gasoline and distillate inventories and worries about slower economic growth around the world offset ongoing concerns about tight crude supplies.
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Explained: What Would Be The Impact Of A US Ban On Russian Oil Imports?
The movement to bar imports of Russians oil exports has gained momentum in recent days in Washington following Moscow's brutal invasion of Ukraine.
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US Briefly Overtakes Saudi Arabia As Top Oil Exporter
The Paris-based agency maintained its estimate for growth in global oil demand during 2019 at 1.1 million bpd and 1.3 million bpd for next year.
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Iran to Keep Exporting Crude Oil Despite US Pressure: President
Iran will continue to export oil despite U.S. pressure aimed at reducing the nation's crude oil shipments to zero, Iran President Hassan Rouhani said in a speech broadcast live on Iranian state TV on Tuesday.
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Crude Hits 2019 High As US To End Waivers On Iran Oil Imports
Iran's exports have fallen to less than 1 million barrels per day from more than 2.5 million bpd before sanctions were re-imposed a year ago.
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Venezuela Turns To India For Major Oil Exports As US Sanctions Bite
Venezuela's oil exports have tapered off and shifted toward India since new US sanctions began on January 28 as state-run oil company PDVSA seeks to replace deliveries to the United States and Europe that were disrupted by payment restrictions.
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India In Talks With US To Extend Iran Oil Sanctions Waiver
India is in talks with the United States to extend a waiver on sanctions imposed on Iran's crude oil exports, a senior Indian official said on Thursday.
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Rupee Edges Higher By 9 Paise Against Dollar
Forex dealers said, easing crude oil prices and selling of the American currency by exporters supported the rupee.
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Rupee Gains 37 Paise As Crude Oil Prices Hit 14-Month Low
Rupee Vs Dollar: Rise in the rupee was also supported by dollar-selling by exporters and banks and the US unit's weakness against some currencies overseas ahead of US Federal Reserve Monetary policy decision Wednesday, traders said.
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In Major Shift, US Now Exports More Oil Than It Ships In
The United States last week exported more crude oil and fuel than it imported for the first time on record, according to data released on Thursday, the same day OPEC ended a meeting without a decision to curb global output to balance out the historic surge in U.S. supply.
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Rupee Slips 54 Paise Against Dollar Amid Fund Outflows: 10 Things To Know
The rupee fell by 54 paise to touch 71 per dollar in early trade on Thursday, reported news agency Press trust of India (PTI). Losses in the rupee came amid strengthening of the greenback, fund outflows and a weak trading in the domestic equity markets even as crude oil prices fell ahead of a key meeting of the Organization of the Petroleum Exporti...
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"Extremely Tense": Russia Rattled As Oil Plummets To $52 Over Trump Tariffs
Russia, whose economy is heavily dependent on oil, energy, and mineral exports to the world, is staring at a crisis, should oil prices continue to plummet the way they are currently.
-
Why Saudi Arabia Rebuffed Biden's Pleas for More Oil
The US has accused Saudi Arabia of siding with Russia after it led OPEC+ in a shock decision to slash crude output, keeping oil prices high at a time of global concern about inflation.
-
Oil Prices Ease To Below $98 A Barrel, Extend Losses On Supply Boost News
Oil prices dropped for a second session on Monday after the head of the world's top exporter, Saudi Aramco, said it is ready to ramp up output while production at several offshore US Gulf of Mexico platforms is resuming after a brief outage last week.
-
US Claims India Hid Russian Origin Of Fuel Shipped To Them: Report
The United States has expressed concern to India that it was being used to export fuel made from Russian crude, through high-seas transfers to hide its origin, to New York in violation of US sanctions, a top Indian central banker said on Saturday.
-
Oil Slides 2% On Rising U.S. Fuel Stocks And Output
Oil prices slid about 2% on Wednesday as a rise in U.S. gasoline and distillate inventories and worries about slower economic growth around the world offset ongoing concerns about tight crude supplies.
-
Explained: What Would Be The Impact Of A US Ban On Russian Oil Imports?
The movement to bar imports of Russians oil exports has gained momentum in recent days in Washington following Moscow's brutal invasion of Ukraine.
-
US Briefly Overtakes Saudi Arabia As Top Oil Exporter
The Paris-based agency maintained its estimate for growth in global oil demand during 2019 at 1.1 million bpd and 1.3 million bpd for next year.
-
Iran to Keep Exporting Crude Oil Despite US Pressure: President
Iran will continue to export oil despite U.S. pressure aimed at reducing the nation's crude oil shipments to zero, Iran President Hassan Rouhani said in a speech broadcast live on Iranian state TV on Tuesday.
-
Crude Hits 2019 High As US To End Waivers On Iran Oil Imports
Iran's exports have fallen to less than 1 million barrels per day from more than 2.5 million bpd before sanctions were re-imposed a year ago.
-
Venezuela Turns To India For Major Oil Exports As US Sanctions Bite
Venezuela's oil exports have tapered off and shifted toward India since new US sanctions began on January 28 as state-run oil company PDVSA seeks to replace deliveries to the United States and Europe that were disrupted by payment restrictions.
-
India In Talks With US To Extend Iran Oil Sanctions Waiver
India is in talks with the United States to extend a waiver on sanctions imposed on Iran's crude oil exports, a senior Indian official said on Thursday.
-
Rupee Edges Higher By 9 Paise Against Dollar
Forex dealers said, easing crude oil prices and selling of the American currency by exporters supported the rupee.
-
Rupee Gains 37 Paise As Crude Oil Prices Hit 14-Month Low
Rupee Vs Dollar: Rise in the rupee was also supported by dollar-selling by exporters and banks and the US unit's weakness against some currencies overseas ahead of US Federal Reserve Monetary policy decision Wednesday, traders said.
-
In Major Shift, US Now Exports More Oil Than It Ships In
The United States last week exported more crude oil and fuel than it imported for the first time on record, according to data released on Thursday, the same day OPEC ended a meeting without a decision to curb global output to balance out the historic surge in U.S. supply.
-
Rupee Slips 54 Paise Against Dollar Amid Fund Outflows: 10 Things To Know
The rupee fell by 54 paise to touch 71 per dollar in early trade on Thursday, reported news agency Press trust of India (PTI). Losses in the rupee came amid strengthening of the greenback, fund outflows and a weak trading in the domestic equity markets even as crude oil prices fell ahead of a key meeting of the Organization of the Petroleum Exporti...
