Connect with us
The U.S. also requested some OPEC members to increase their daily output.
The slow growth of India's GDP is largely attributed to the country's oil crisis and weak performance of the rupee in the global economy.
China competes with US dollar through Petro-yuan and talks trading gold with Iran in exchange for oil supply. Bitcoin slides further to less than $8,000.
When Obama lifted the ban on exporting crude oil, the US wasted no time in making their own. By 2020, America might be regarded as the...
Interest rates spike through the roof and hit a new record high at 3.11%. As the U.S. cuts ties with Iran, the latter wants to divert...
Various local companies are looking for ways to tap India's oil potential as global tension intensifies, pushing for a surge in oil prices.
Crude oil and gasoline prices are expected to surge following President Trump's decision to withdraw from the Iran nuclear deal.
Iran developed its national steel industry development program in 2015, with the goal of increasing its capacity to 55 million metric tons by 2025.
After Trump renewed Iran sanctions, crude oil prices might increase further and even reach $100 per barrel. Bitcoin's price plunges to $8,500.
People are mixed about easing up on offshore drilling safety rules. Backers say it can save money, while opposers say it may bring more disasters.