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Russia's Sokol Oil Delivery to India Faces Delay: Here's Why
The delivery of Russian Sokol grade crude oil to the Indian Oil Corp has faced a delay. The delivery of Russia's Sokol crude oil to the Indian Oil Corp (IOC) has reportedly faced a setback due to payment issues, causing shipment delays.
US Dollar Slips to 5-Month Low Against the Euro Amid Fed Rate Cut Expectations
The US dollar has slipped to a five-month low against the euro and several other currencies, The US dollar has slipped to a five-month low against the euro and several other currencies, driven by expectations that the Federal Reserve might soon implement interest rate cuts.
2 Cities in China Halt Heavy Industries to Combat Pollution
Two cities in northwestern China have implemented preventive measures to address an anticipated heavy pollution surge in the coming days.
US Buys 3 Million Barrels of Oil to Replenish Strategic Reserve
The United States has successfully finalized contracts to buy three million barrels of oil to help replenish the Strategic Petroleum Reserve (SPR) following last year's record-setting sale, the US Department of Energy disclosed.