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US OIL RIG INCREASE
G7 nations agree to release 100 million barrels of oil, including diesel, a boost for TrumpG7 nations have agreed to release 100 million barrels of oil over four months to ease soaring fuel prices, with a substantial amount of die...- Why are US energy firms cutting rigs now? Baker Hughes report explainedBaker Hughes (BHI) reported that the US oil and gas rig count decreased by one to 598 for the week ended October 2. It was the first decrea...
- Why are oil prices down today? G7 countries' oil reserve release plan to push crude rates lowerOil prices fell today as G7 countries moved towards releasing up to 100 million barrels of diesel and crude reserves over four months. Bren...
- Vedanta plans $200 million push to lift Rajasthan oil outputVedanta Oil and Gas is increasing investment in Rajasthan to enhance crude output from existing wells. The company aims to invest approxima...
- No global oil shortage, supply route disruptions driving crude prices, oil minister saysUnion Minister for Petroleum and Natural Gas Hardeep Singh Puri highlights the current oil supply situation. He states that global oil prod...
- Global Market: Kospi falls as oil prices, Middle East uncertainty weighSouth Korean shares slipped despite record September exports, as elevated oil prices and uncertainty over Middle East energy supplies weigh...
- Oil prices barely changed as investors assess US-Iran peace talks and Gulf exportsOil prices exhibited notable stability during the early trading hours in Asia as traders closely monitored the US-Iran peace discussions fo...
- US stocks: Nasdaq rises while S&P, Dow dip as softer inflation cools Fed hike betsOn Wednesday, inflation data led to mixed market movements, with the Nasdaq increasing slightly. The Dow and S&P 500 faced declines, althou...
- Why are oil prices rising again? US crude and Brent November futures witness spikeOil prices are moving upwards on Wednesday. US crude climbed 2.2% to $91.33 a barrel while Brent November futures jumped 1% at $103.71. The...
- Explained: How the US controls Iraq's oil revenuesUS troops are set to leave their last bases in Iraq, but Washington will retain significant economic leverage through Iraq’s oil revenues, ...
- US strategic petroleum reserve falls to 44-year low: Why the oil stockpile is down to 283.8 million barrelsThe U.S. Strategic Petroleum Reserve has reached its lowest level since 1982 after sustained withdrawals. Crude oil stocks dropped to 283.8...
- Oil prices rise for second session on continued Middle East supply concernOil prices have increased for a second consecutive session amid ongoing concerns regarding supply disruptions from the Middle East. Brent c...
- Why are oil prices up today?Oil prices are up today as US President Donald Trump rejected an Iran peace proposal to resolve the Middle East conflict and reopen the Str...
- Why are the Dow Jones, S&P 500 and Nasdaq falling today? The reasons behind the selloff from tech stocks to gold, silver and BitcoinUS Stock Market Today: U.S. stock markets slipped on Monday morning as a sharp rise in crude prices and surging Treasury yields unsettled i...
- Why is silver price down today?Silver price is down considerably on Monday. The precious metal has fallen more than 4.6% to $61.32 per ounce. The higher oil prices and th...
- Why is gold price falling today?Gold price has dropped significantly on Monday. The precious metal has dipped more than 3% and touched its lowest in over seven weeks. The ...
- From Hormuz to Saudi to US sanctions, world feels the oil heatThe war in West Asia has caused significant disruptions to global oil supplies and prices. Saudi Arabia faces challenges with pipeline clos...
- Fed tightening bets weigh on gold pricesGold prices have taken a hit, influenced by rising oil rates that have sparked inflation fears and suggested further interest rate hikes ma...
- Why US stock market crashed today? 3 reasons Dow Jones, Nasdaq and S&P 500 are in deep red as tech stocks fall across the boardWhy US Stock Market Is Falling Today? US equities stumbled across the board Thursday morning, with all three major market benchmarks slidin...
- Oil falls on increased Gulf supply and hopes for US-Iran talksOil prices experienced a decline as Saudi Arabia resumed its key pipeline operations to the Red Sea. This development, coupled with rising ...
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