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65 BILLION BARRELS OF OIL
Trump says US inked deal with Venezuela to take control of 65 billion barrels of oil reservesThe United States has reached an agreement with Venezuela concerning oil reserves. This deal involves taking control of sixty-five billion ...- Iraq opens oil exports beyond Hormuz after months of war, eyes ship-to-ship route off OmanIraq now allows crude oil collection outside the Persian Gulf for buyers. This move comes as exports continue through the Strait of Hormuz ...
- Oil Price Today (August 28): Crude oil falls over 5% this week despite Trump rejecting terms of Iran deal. What are experts saying?Brent crude futures fell 50 cents, or 0.6%, to $89 a barrel, while West Texas Intermediate crude futures declined 42 cents, or 0.50%, to $8...
- Trump administration weighs US ownership stake in Venezuela’s vast oil reserves: ReportThe Trump administration is discussing a potential US ownership stake in Venezuela’s oil industry, Axios reported, covering more than a doz...
- AI could unlock $230 billion annually for upstream oil, gas sector: McKinseyArtificial intelligence could unlock approximately USD 230 billion in annual value across the global upstream oil and gas sector as the tec...
- India bonds decline as debt supply caution overpowers oil movesIndian government bonds fell on Thursday, opening flat before succumbing to pressures from heavy debt supply despite declining oil prices. ...
- Oil Price Today (August 27): Crude oil dips to $87, down for 4th session amid Hormuz reopening hopes. What are experts saying?Oil prices slipped on Thursday, extending their losing streak, as hopes of a Strait of Hormuz reopening grew amid diplomatic efforts involv...
- Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $...
- India bonds flat as oil prices shrug off US curbs on IranIndian government bonds experienced little movement early Tuesday, stabilizing after a recent decline. Oil prices reacted unfazed to new US...
- Asian buyers snap up US crude, adding stress to tight marketAsian refiners are set to nearly double purchases of US crude for September as Middle Eastern oil prices surge amid the Iran war and Strait...
- Oil Price Today (August 25): Crude oil at $92 as investors digest US economic sanctions on Iran. What’s next for investors?Brent crude futures were up 6 cents, or 0.1%, at $92.16 a barrel, while U.S. West Texas Intermediate crude was up 15 cents at $85.12. Both ...
- Full flow FCNR deposits could hit $100 billion, beat estimatesStrong FCNR(B) deposit inflows have led analysts to raise their estimates for dollar mobilisation through the scheme. Jefferies now expects...
- $20 million: The cost of shipping oil through Strait of Hormuz, TotalEnergies CEO saysShipping oil cargoes via the Strait of Hormuz costs approximately twenty million dollars. This significant freight expense creates wide mar...
- US billionaires are piling millions into Argentina's Shale boom, here’s what is driving itAmerican billionaires are increasing investments in Argentina's Vaca Muerta shale basin. Harold Hamm's Continental Resources plans a $4 bil...
- Oil Price Today (August 24): Crude oil slips below $93 ahead of US sanctions announcement on Iran. What are experts saying?US Treasury Secretary Scott Bessent, who is scheduled to hold a press conference at 2 p.m. EDT (1800 GMT) on Monday, has threatened to impo...
- Rust, power cuts and delays: Inside Venezuela’s oil export crisisVenezuela's oil exports face significant delays due to ageing port infrastructure. Tankers wait up to thirty days for loading, slowing oper...
- Oil India vs ONGC vs OMCs: What JM Financial’s $80 Brent call means for oil stocksBrent crude may stay near eighty dollars a barrel for twelve months. Analysts favor Oil India and ONGC due to expected earnings growth. Oil...
- India's economic growth to slow to 6.8% in FY27 amid West Asia crisis, El Nino impact: Ind-RaIndia Ratings and Research has raised its FY27 GDP growth forecast to 6.8% from 6.7%, but expects growth to slow from 7.6% in FY26 amid inf...
- Rupee falls 7 paise to 95.68 against US dollar in early tradeIn early trading, the rupee slipped by seven paise, settling at 95.68 against the US dollar. Factors such as soaring crude oil prices and h...
- Indian bonds wobble on oil strain, RBI swap pullbackOn Tuesday morning, Indian government bonds faced a downturn as oil prices spiked beyond ninety dollars. Concerns escalated after the centr...
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