Oil Prices
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NYT: US-Russia Talks Now Include Multibillion-Dollar Deal for Lukoil’s Global Assets
Moscow, October 3 — According to a report by The New York Times, the United States and Russia…
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Chinese and Iranian Foreign Ministers Meet in Beijing as Hormuz Reopening Nears
On 6 May, Beijing became the venue for a high‑level discussion that could reverberate through oil markets from…
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Brent Crude Tops $90 as U.S.-Iran Tensions Raise Fears Over Strait of Hormuz
TEHRAN, July 19 — Brent crude oil prices rose above $90 per barrel in early October 2024, driven…
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Brent Crude Nears $100 as U.S. Strikes Iranian Tankers, Iran Vows Response
WASHINGTON, July 9 — Oil prices are once again in the crosshairs of geopolitics, and the numbers help…
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Shale Boom Made the US the Top Oil Producer, but Debt Now Threatens It
ODESSA, Texas, July 9 — On a scrub-blasted patch of West Texas where the wind never seems to…
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Oil Jumps as US-Iran Ceasefire Collapses and Hormuz Control Is Disputed
WASHINGTON, July 8 — Donald Trump, the 45th and 47th president of the United States, has been a…
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Trump’s Iran ceasefire end sends oil prices surging
WASHINGTON, July 8 — President Donald Trump’s declaration on March 30, 2025, that the ceasefire with Iran is…
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Why Oil Rose Only About 3% When Iran Declared the Strait of Hormuz Closed
MANILA, July 8 — For communities across Asia that rely on stable energy prices to keep their economies…
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Brent Holds Above $100 as Iran and US Trade Attacks on Shipping
TEHRAN, July 7 — For the families whose livelihoods depend on the steady flow of oil through the…
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Oil Climbs Above $104 as Hormuz Tanker Attacks and Hurricane Isaias Threaten Supply
MUMBAI, July 7 — The threat of a disruption at the Strait of Hormuz is the kind of…
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Attacks on Strait of Hormuz Push Global Oil Prices Higher
DUBAI, July 6 — Global oil markets are once again staring down the barrel of disruption in the…
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Iran Denies Dropping Hormuz Preconditions After New York Talks Push Brent Below $100
MUMBAI — For Indian businesses and consumers, the price of crude oil is the number that matters most.…
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UNCTAD Warns Hormuz Disruption Could Raise Food and Living Costs Worldwide
For millions of families across the Philippines and Southeast Asia, the confusion surrounding the latest US-Iran talks is…
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Kohler Argues Hormuz Control and Cheap Chinese AI Will Speed the Energy Transition
TEHRAN, June 28 — Two things happened last week that give us a much clearer picture of what…
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Oil Hits Three-Week Low After Trump Calls Off Iran Strikes and Cites Deal Outline
For every barrel of crude that trades on global markets, there is now a two-front war playing out…
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Strait of Hormuz Threats Raise Global Oil Price Fears
MUSCAT, July 9 — For decades, the Strait of Hormuz has functioned as a kind of global energy…
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Global Oil Benchmarks Shift as OPEC Supply Decisions Drive Prices
The worldwide oil market hinges on a few key reference points: West Texas Intermediate, Brent Crude and the…
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OPEC+ maintains output cuts as China eases COVID restrictions, oil prices rise
China, December 6, 2022 — cybersentinelnews.com — In a move with significant political and diplomatic implications, OPEC+ nations,…
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Oil prices rise as OPEC+ maintains cuts and China eases COVID restrictions
Oil prices rose by as much as 2% on Monday, a move that carries ripple effects for neighboring…
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Oil prices rise as OPEC+ maintains output cuts, China eases COVID rules
For millions of people around the world, the cost of filling up a car, heating a home, or…
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Oil prices rise as OPEC+ maintains cuts and Chinese cities ease COVID restrictions
China, December 6, 2022 — cybernewschronicle.com — Global oil markets saw a clear financial response on Monday as…
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Oil prices ease on symbolic OPEC+ output cut
OPEC+ ministers meeting in Vienna on 5 September 2022 agreed to shave 100,000 barrels per day off their…
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OPEC+ Cuts Output, Sends Gasoline Futures Up 3¢
Three cents a gallon. That is what U.S. gasoline futures added overnight after OPEC+ ministers, meeting in Vienna…
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Indonesia hikes fuel prices by 30%, cuts energy subsidies
For millions of Indonesians, the daily commute has become a costly affair. As of Saturday, fuel prices increased…
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