#oil
Latest cryptocurrency news and articles about oil. Stay updated with developments, analysis, and insights.
China oil route disrupted as US sanctions hit key Rizhao terminal
Three massive oil tankers have diverted from China’s main crude port Rizhao after President Donald Trump sanctioned the Rizhao Shihua Crude Oil Terminal for importing Iranian oil amid his renewed beef...
China is building out oil reserves at full speed ahead of emergency outcomes
China is building out its oil reserves at full speed after the war in Ukraine exposed just how risky it is to rely too much on foreign fuel. According to Reuters, the government ramped up its storage ...
The US is pushing to include India’s Russian oil purchases in talks
The US is pushing to factor India’s Russian oil buying into trade discussions. While New Delhi typically steers clear of oil from countries under US sanctions, like Iran and Venezuela, it has, along w...
Shipping invoice on Saudi, China oil route hits highest level in 2.5 years
Shipping costs for oil from Saudi Arabia to China just jumped to $87,000 a day, the highest rate in two and a half years, according to Bloomberg. That’s the current price tag for moving 2 million barr...
Stocks, gold and copper surge worldwide, shaking off global political chaos
Stocks worldwide are pushing higher on Monday as traders react to a pile-up of global political messes and inflation nerves. Futures linked to the Dow Jones Industrial Average increased by 69 points, ...