Oil prices have climbed to their highest level in two weeks, supported by signs of robust US economic growth and renewed concerns over potential supply disruptions linked to Venezuela and
Russia is China’s top oil supplier for 3rd month in July
Russia remained China’s top oil supplier in July for the third consecutive month, according to data released on Saturday. Independent refiners increased their purchases of discounted supplies and cut shipments
Is The Venezuelan Oil Basin Doomed To Become The World’s Largest Stranded Asset
Big oil is being forced to examine its carbon emissions and work towards becoming carbon neutral as part of the global push to decarbonize the economy with oil supermajors are
Despite Covid Concerns Oil Bulls Remain Confident
U.S. inventory dynamics provided significant support for crude prices this week, with commercial stocks falling to the lowest level since January 2020, and signs that tightening will continue.
Oil set to extend long run of weekly gains in tense global market
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Bank of England Refused to Return $1.2bn in Gold to Venezuela
Britain rejected Venezuela’s request to withdraw $1.2bn in gold stored in the UK, according to reports. It was enough for the self-declared and US-backed ‘president’, Juan Guaido, to support the
Venezuela’s Decline From Oil Powerhouse to Poorhouse to Madhouse
Oil is at the center of the Venezuelan economy. It accounts for 95 percent of the country’s export revenues and bankrolls the regime of President Nicolas Maduro.
Is Trump Eyeing A Coup In Venezuela?
The Trump administration and some others in the U.S. government have sent some not-so-subtle hints lately that they are open to a military invasion of Venezuela to oust President
30% Off! Venezuela Offers India Cheap Crude Oil on a Discount, if Paid in Petro
Venezuela has recently offered India a 30 percent discount on crude oil purchases if the country purchases it using its oil-backed cryptocurrency, the Petro. According to a report published by
Venezuela Thanks Trump’s Petro Ban for Doubling Investors
The executive secretary of Venezuela’s Blockchain Observatory, Daniel Peña, recently did an interview for the country’s Cuatro F newspaper, in which he claims Donald Trump’s Petro (PTR) ban was free publicity
Infographic: How Much Does it Cost to Mine One Bitcoin in Your Country?
Photo: Bloomberg New Jersey-based electric supply company Elite Fixtures has published a very interesting piece of research – a list of the price of mining one bitcoin in 114
Maduro Asks Venezuela’s Banks to Mine and Use Cryptocurrency – Unions Outraged
Images courtesy of Shutterstock and the Venezuelan government. Venezuela’s president Nicolas Maduro has authorized all savings banks in the country to mine and use the recently launched national cryptocurrency,