Oil prices could drop significantly, possibly reaching as low as $40 per barrel in 2025, if OPEC+ reverses its current output cuts, according to market analysts...
Etiket: crude oil
China’s Exports Surge by 8.7% in August, Exceeding Expectations
China’s exports witnessed a significant increase of 8.7% year-on-year in August, surpassing the 6.5% growth predicted by a Reuters poll, according to data from the country’s...
Houthis Launch Missile and Drone Attacks on Two Oil Tankers in Red Sea, US Military Labels Them ‘Terrorist Acts’
In a dangerous escalation, Yemen’s Houthi rebels targeted two crude oil tankers, the Saudi-flagged Amjad and the Panama-flagged Blue Lagoon I, in the Red Sea on...