Tag #Oil Prices

Showing 37 to 48 of 321 results

elpais.com
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EU Finalizes Tough New Sanctions Package Against Russia

The EU finalized its 18th sanctions package against Russia, including a $47.6 oil price cap, blacklisting over 400 ships, targeting a Rosneft refinery in India, and additional measures against Chinese banks, following a weeks-long delay due to a Slovakian veto.

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theglobeandmail.com
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Tariffs Push Up Prices, Dampening Expectations for Fed Policy Easing

U.S. inflation data, suggesting tariffs are increasing prices, caused global market pressure, dampening expectations for Federal Reserve policy easing; however, the Nasdaq reached a new high on news that Nvidia would resume selling AI chips to China.

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dw.com
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Russia's Oil Revenue Plunges Amidst Global Oversupply

Russia's June 2025 oil and gas revenues fell by over a third to 494.8 billion rubles, the lowest since January 2023, due to global oversupply and low oil prices, despite OPEC+ increasing production; this threatens the revised Russian budget and necessitates increased borrowing or taxes.

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abcnews.go.com
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Asian Markets Mixed Amidst US Trade Pressure

Asian markets reacted to increased trade pressure from the U.S. on July 8, with Japan and Hong Kong's indices falling while South Korea and Australia's indices rising slightly; oil prices also fell after OPEC+ agreed to raise production, and the U.S. dollar strengthened against the yen and euro.

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dw.com
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OPEC+ boosts oil output by 548,000 barrels daily

OPEC+ increased its daily oil supply by 548,000 barrels starting August 1st, exceeding expectations and driven by an optimistic market outlook and internal pressures from member states' varied production levels; eight member states are involved, with three exempt due to various constraints.

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cincodias.elpais.com
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Middle East Conflict Exposes Geoeconomic Shift, Impacting Global Markets

Escalating Middle East tensions caused a surge in oil prices, reflecting a global shift from traditional economic logic to geoeconomics, with the US's reduced global policing creating power vacuums and impacting investor confidence.

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edition.cnn.com
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Trump Threatens Sanctions on China, India Over Russian Oil Purchases

Former US President Donald Trump threatened secondary sanctions against China and India if they don't stop buying Russian oil within 50 days, aiming to pressure Russia to end the war in Ukraine, but risking global oil price spikes.

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t24.com.tr
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Strait of Hormuz Closure Threat: Turkey's Response and Mitigation Strategies

Turkish Transportation and Infrastructure Minister Abdulkadir Uraloğlu stated that the potential closure of the Strait of Hormuz caused a 15% fluctuation in global oil prices, impacting Turkey's energy security. However, Turkey has alternative energy sources and is developing a new transportation co...

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repubblica.it
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Financial Markets Profit from Geopolitical Instability

Financial markets are profiting from ongoing conflicts in the Middle East and Ukraine, with one trader reporting record profits based on precise predictions about the limited scale of recent military actions, despite massive military spending increases by NATO and the EU.

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telegraaf.nl
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AEX Opens Higher Amidst Trade Tensions and Mixed Corporate Results

The AEX index opened 0.3% higher at 910.5 points, driven by tech stocks and reduced tariff anxiety, while Shell's Q2 underperformance and Chinese import restrictions on medical devices negatively affected specific sectors; mixed results are seen across other European markets.

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themoscowtimes.com
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Russia Depletes National Wealth Fund Amid Plunging Oil Revenues

Russia is increasing daily sales of yuan from its National Wealth Fund to $124 million to cover a budget deficit caused by sharply lower oil and gas revenues, which have fallen below the fiscal rule's benchmark price of $60 per barrel. Analysts warn that the fund's reserves could be depleted within ...

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dw.com
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Middle East Conflict: Economic and Geopolitical Risks for China

Following US airstrikes on Iranian nuclear sites, a tense ceasefire exists between Israel and Iran; China, Iran's largest trading partner, expresses concern over potential oil price hikes due to Strait of Hormuz instability, impacting its economy and Belt and Road Initiative.

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44% Bias Score

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Showing 37 to 48 of 321 results