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Oil Prices Fall as China Cuts Policy Rates by 10 BPS
Crude oil prices plunged to their lowest level in several months after China released weaker-than-expected economic data and announced an unexpected interest ...
August 15, 2022
Crude Oil Up Nearly 5% as Biden Fails Convincing OPEC+ to Pump More
Oil prices are up almost 5% after the U.S. President Joe Biden returned from the summit with Saudi Arabia without securing a oil supply increase.
July 18, 2022
Sri Lanka Closes Oil Refinery Due To Forex Shortage, Not COP26 Related
The shortage of dollars has compelled Sri Lanka to close its only oil refinement facility for a 50 day period.
November 16, 2021
Crude Oil Demand Rising Due to Energy Crisis and Expected Cold Winter
Crude oil prices could be set to rise as demand grows from the gas and coal shortages being seen in Europe and China.
October 04, 2021