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US STRATEGIC OIL RESERVES
US to take 35% stake in Venezuelan mogul Betancourt's oil venture: ReportThe US government plans a 35% passive stake in Alejandro Betancourt's energy company. It also seeks preferential rights to purchase 20% of ...
Venezuelans view US oil deal with doubt, hopeVenezuela and the United States have finalized a significant oil deal. This agreement aims to revitalize the nation's struggling petroleum ...
RBI plans buyback of Rs 30,000 crore G-SecsThe Reserve Bank of India has announced a buyback of government securities amounting to Rs 30,000 crore, targeting those set to mature in t...
Oil settles lower on clues about Fed policy, rumors of Hormuz dealOn Friday, oil prices dipped, driven by signals from the Federal Reserve and circulating rumors regarding the Strait of Hormuz. Market trad...
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 ...
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...
Oil shock could outlast conflictsGlobal oil prices are experiencing fluctuations as geopolitical tensions persist. The aspirations for a quick resolution of these conflicts...
India, China can help resolve West Asia conflict: Hillary ClintonFormer US Secretary of State Hillary Clinton said India and China could play key roles in resolving the West Asia conflict because of their...
Decoding gold rally: Why yellow metal surged 15% in one month and should bullion be in your portfolio?Gold has staged a sharp 15% rally in August after a volatile start to the year, supported by renewed ETF inflows, strong central-bank buyin...
D-Street set for a positive start as GIFT Nifty trades firmly higherThe Nifty index recovered 0.5 percent, closing at 24,334 after touching a low. Positive global cues and FII buying supported this recovery ...
Iraq may show how U.S. can squeeze Iran's trade partnersThe United States is pressuring Iraq to curb its financial dealings with Iran. Washington has sanctioned Iraqi banks involved in trade with...
Rupee strengthens to 95.41 after oil coolsThe Indian rupee strengthened significantly on Tuesday, gaining 33 paise. This appreciation occurred as oil prices retreated and the Reserv...
Oil fall lifts rupee to over one-week high after central bank keeps lid on lossesThe Indian rupee surged to a one-week peak on Tuesday, empowered by the recent dip in oil prices alongside measures taken by the central ba...
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 ...
Oil prices steady as investors weigh impact of expanded US sanctions against IranOn Tuesday, oil prices found stability following a notable decline on Monday. Investors are currently evaluating newly imposed U.S. sanctio...
India reworks oil map with Venezuela as Hormuz battlefield keeps Gulf flows in doubtIndia is increasing crude oil imports from Venezuela and Latin America. This diversification aims to secure supplies amid Middle East disru...