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Rosneft: Russian oil exports are losing out to some other OPEC+ countries

On June 19, Sechin, president of Russian oil company Rosneft, said that Russia is losing out to other OPEC+ countries due to the smaller...

Navigating the Path to Oil Well Ownership: A Comprehensive Guide

Investing in oil wells can be a lucrative opportunity for those looking to diversify their portfolio and potentially earn high returns. However, it can...

BOJ keeps policy on hold as it awaits signs of sustainable inflation

On June 16, institutions commented that the Bank of Japan is sticking to its stimulus policy while waiting for signs of more sustainable inflation. This...

A Full Guide to the Pros & Cons of Investing in Oil Companies

Investing in oil companies can be a lucrative opportunity for those looking to diversify their portfolio and potentially earn high returns. However, it is...

What Is Spread Trading? An Overview

Spread trading is a popular trading strategy that involves buying and selling two related financial instruments at the same time, with the goal of...

From Barrels to Gallons: Demystifying the Measurement of Oil

Oil is one of the world's most vital commodities, playing a crucial role in various industries and economies. Understanding the measurement of oil is...

The IEA raised its crude oil supply forecast for this year

On June 14, the International Energy Agency (IEA) raised its 2023 oil supply forecast by 200,000 barrels to 101.3 million barrels per day, and...

The Beginner’s Guide to Investing in Oil and Gas

Oil and gas are among the most valuable natural resources in the world. They play a pivotal role in powering global economies, transportation, and...

The True Cost of a Barrel of Oil: What You Need to Know

The price of a barrel of oil is a key metric that influences global economies, energy markets, and the daily lives of individuals around...

How Long Will the Oil Industry Last

The oil industry has long been a cornerstone of global energy production and economic growth. However, in recent years, concerns about climate change, renewable...

A Detailed Look at Daily Consumption Rates of Oil

Oil is one of the most important commodities in the world and is consumed on a daily basis, both by individuals and industries. The...

The Impact of a Weaker Dollar: What You Need to Know

The United States’ economy is the largest in the world, and its currency, the dollar, is considered the global reserve currency. As such, any...

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