Inside Russia’s stablecoin initiative
The project raises legitimate questions on whether a multinational stablecoin can strengthen trade and reduce US dollar dominance...
Tag : Russia
Aramco slashes oil prices in Asia despite historic deal
Aramco slashed its selling price for Asian buyers by $4.20 per barrel...
Saudi Arabia-Russia agree to slash oil output and end the oil price war
The parties agreed to cut production by about 10 million barrels a day in May and June...
Trump, US oil companies to discuss tariffs on Saudi oil
CEOs of Exxon Mobil, Chevron, and Occidental Petroleum are set to meet Trump at the White House...
Coronavirus, oil price war take its toll on African oil producers
Recently, Congo reached out to OPEC for an emergency meeting to find a way to keep member nations from sinking into recession...
Aramco to cut refinery runs to sustain high oil output through May
Aramco to continue supplying crude at a record rate of 12.3 bpd...
Aramco to increase crude production amid price war
The company will increase production by 300,000 barrels per day...
As global oil prices fall, Petrobras’ shares plunge
A possible price war could hinder Petrobras’ plan to sell around $30 bn of assets by 2024...
Global oil prices plunge as Saudi-Russia negotiations collapse
Saudi Arabia decides to cut prices by nearly 10%...