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AMERICAN PETROLEUM INSTITUTE
Trump extends Jones Act waiver for 90 days, narrows scopeUS President Donald Trump has extended a waiver allowing foreign-flagged ships to transport oil and other commodities between US ports for ...- $48 billion profit! 5 global oil majors cash in on oil surge amid Iran war. Where is money flowing?Five global oil majors — Exxon Mobil, Chevron, BP, Shell and TotalEnergies — posted a combined $48 billion profit in Q2, benefiting from oi...
- Oil steadies after two-day slump as investors eye Hormuz trafficOil prices experienced a slight stabilization as market participants keenly observed developments regarding the U.S.-Iran conflict. Recent ...
- In 1965, a Polish-American woman chemist made an unexpected discovery and created a compound five times stronger than steel helping in saving lives through bulletproof vests, spacecrafts and helmetsIn 1965, a Polish-American woman chemist made an unexpected discovery and created a compound five times stronger than steel helping in savi...
- 'Too much money': Trump attacks ExxonMobil & Chevron over massive profits, demands lower gasoline prices for American driversUS President Trump voiced his discontent with ExxonMobil and Chevron, accusing them of reaping excessive profits at the expense of consumer...
- View: Malvinas, the strength of a just cause"2 April and 10 June mark defining moments in our national memory. However, the responsibility to safeguard our sovereign rights transcends...
- Oil prices rebound by more than $2 a barrel on prospect of tightening US crude suppliesOil prices increased significantly on Wednesday due to declining U.S. crude inventories. OPEC+ is expected to halt output increases startin...
- Brent crude surges 4% to over $95 a barrel, nears 6-week high as conflict threatens key oil transit routesOil prices hit a six-week high on Wednesday, with Brent crude racing past ninety-five dollars a barrel. The growing tensions between the U....
- Oil prices rise slightly after US announces new round of strikes on IranOil prices saw a slight increase as fears of supply disruptions grew. U.S. forces continued striking Iranian military targets for the eleve...
- Quote of the Day by John D. Rockefeller: “I do not think that there is any other quality so essential to success of any kind as the…” — Inspiring lessons on perseverance, resilience, and why persistence outlasts talent from the legendary oil magnate, pioneering philanthropist, and America's first billionaireQuote of the Day by John D. Rockefeller: John D. Rockefeller's famous observation, “I do not think that there is any other quality so essen...
- Oil is crude once again! Is $95 the new normal and what it means for Indian investors?Crude oil prices are rising again due to escalating Middle East tensions. This surge impacts India's import costs and government finances s...
- Explained: Venezuela's complex and contested debt puzzleVenezuela faces a massive debt restructuring with creditors holding diverse claims. The nation's debt is estimated between $150 billion and...
- An emboldened India holds out for better terms in US trade talksIndia rejected a swift trade agreement with the United States, seeking more favorable terms. New Delhi's confidence stems from new trading ...
- US Forced Labour Hearings: Trump's next tariff threat looms over 60 countries, including IndiaThe United States is considering new tariffs on sixty nations, including India, due to forced labor concerns. Hearings will begin to discus...
- Why are oil prices down today, and will Brent futures and US WTI crude prices continue to fall or rise again? Iran-US talks, Strait of Hormuz recovery and US inventory data keep crude market under focusOil prices declined as investors watched Iran-US talks, the recovery of shipping through the Strait of Hormuz, and upcoming US inventory da...
- Oil ticks higher as Iran's refusal to meet US envoys dims ceasefire hopesOil prices saw an uptick as Iran's refusal to meet U.S. envoys heightened tensions, impacting the fragile ceasefire. Despite recent decline...
- Oil prices extend decline on expectations of smoother crude flows via HormuzOil prices dipped to four-month lows as tensions eased between the US and Iran, paving the way for more tankers to navigate the Strait of H...
- Trump administration touts Iran deal as a payday for US farmers, but Iran denies itA tentative US-Iran deal to end hostilities promises a financial boost for American farmers, with President Trump asserting frozen Iranian ...
- Man Industries bullish on Gulf after US-Iran truceIndian construction companies are set to gain from Middle East rebuilding. Man Industries acquired a Saudi Arabian firm, boosting its capac...
- Brent climbs to $79.43 as traders weigh durability of US-Iran peace dealOil prices edged higher as investors assessed the implications of a potential U.S.-Iran peace deal and the reopening of the Strait of Hormu...
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