Tag: OPEC
US Shoots Down Iranian Drone Approaching USS Abraham Lincoln
By Gao Yun Reuters reported that the U.S. Central Command (CENTCOM) confirmed on Feb. 3, that U.S....
US Seizes Second Oil Tanker Near Venezuela as ‘Total Blockade’ Takes Effect
Three U.S. officials told Reuters on Saturday, Dec. 20, that the United States is intercepting and seizing...
Oil Drops to Two-Month Low as China Concerns Weigh In
Oil traded at its lowest levels since early June on Tuesday, July 30, as worries about low demand in...
OPEC Banishes Three Major Western Media From June Meeting In Vienna
The world’s most prominent oil cartel, OPEC, has banished several of the largest names in the western...
New US Senate Legislation Could Cause Oil to Surge to $300
Should the U.S. pass a controversial bill, the NOPEC bill, currently making its way through the required...
China Uncommitted to Washington’s Oil Reserve Release Plan Despite Rising Prices
The United States, which has been battling the fastest increase in inflation in three decades has witnessed...
US Heating Costs Expected to Soar Alongside Rising Gas Prices
Biden-appointed Energy Secretary Jennifer Granholm confirmed on Oct. 7 that Americans should expect higher...