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On Wednesday, crude oil prices dropped more than $3 to their lowest level since Russia invaded Ukraine as a result of demand concerns fanned by potential recession threats and dismal Chinese trade…
According to Vladimir Putin, the Western sanctions imposed as a result of Russia’s conflict in Ukraine are a global health epidemic. In a speech given at an economic summit in…
Crude oil prices increased on Friday as traders anticipated that OPEC+ would discuss output cuts at their meeting on September 5. However, worries over China’s COVID-19 restrictions and the state…
The likelihood of reaching a nuclear agreement with Iran has increased, drawing attention to Tehran’s sizable stockpile of crude that could be quickly shipped to purchasers should a deal be…
After Saudi Arabia declared it would reduce output if the US-Iran deal were approved, crude oil rose from $86 to $93 per barrel. The agreement will deliver 1 million barrels…