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Indian Oil Corp. is looking to buy 24 million barrels of crude oil from the Americas in the first quarter of next year to replace lost Russian supply after the latest U.S. sanctions on Rosneft and ...

SINGAPORE, Oct 29 (Reuters) - The discounts on Iranian oil offered to China have hit their widest in more than a year, as tightening sanctions on Russia and Iran squeeze buying from independent ...

On Oct. 27, U.S. Department of Agriculture Secretary Brooke Rollins said her department lacks the amount of money needed to cover SNAP benefits in November. Rhode Island receives $29 million for SNAP ...

LONDON (Reuters) -The prompt Brent crude futures contract on Thursday returned to trading at a premium to the six-month contract after new U.S. sanctions on Russia revived concern of a tight market in ...

The Department of Energy said Tuesday it is looking to buy 1 million barrels of oil for the U.S. Strategic Petroleum Reserve, seeking to take advantage of low oil prices to start refilling the country ...

WASHINGTON, Oct 21 (Reuters) - The U.S. Department of Energy said on Tuesday it is looking to buy 1 million barrels of crude oil for delivery to the Strategic Petroleum Reserve, as it seeks to take ...

The Trump administration is taking advantage of low oil prices and buying 1 million barrels to start refilling the nation’s depleted emergency crude supply. The Energy Department announced Tuesday ...

USO ETF tracks crude oil prices via futures contracts, not actual oil barrels. Trading in USO can lead to underperformance in contango situations due to futures rolling costs. USO has complex tax ...

There are one billion barrels of oil sitting on tankers. This means an oversupply. This means more burdening of fossil fuels as supply explodes. Douglas A. McIntyre, Editor-In-Chief of ...

The best place to observe the shift taking place in global oil markets is at sea. More than 1 billion barrels have been amassed on the world’s tanker fleet, according to consultant Vortexa Ltd. It’s ...