Riyadh/Moscow: The crude oil prices jumped by about 2% and surpassed the mark of $74 per Barrel. This was the highest rise in the last three and a half years. The reason attributed to this rise is the tension in the Gulf and regression in the United States oil reserves. In this scenario of escalating […]
Read More »Washington: Saudi Crown Prince Mohammed Bin Salman who is on a visit to the United States since last week has signed 46 agreements worth $400 billion. These include an agreement for $128 billion related to the Saudi’s defence sector. It is claimed that under this agreement the United States will supply fighter jets, helicopters, missiles […]
Read More »New Delhi : ‘India has set itself a target of 100 Gigawatt solar power generation by 2020 and has already implemented projects for 20 Gigawatt solar power projects. Not only in India but we want solar revolution in the entire world. All the countries should unite for cheap and environment friendly power,’ appealed Prime Minister […]
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Landon: Chris Watling, a British analyst, warned about the drop oil prices to 10 dollars per barrel in next few years. He said that, “Development in electric cars will cause significant events around the world. As 70 percent of all the crude oil produced is used for transportation. We cannot forget that approximately 120 years ago the world was not […]
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Washington : US President Donald Trump has given indications that the emergency oil stockpile, kept for a propective disaster should be put up for sale. This proposal has been worked out to reduce the burden of indebtedness on the US economy. As per a statement from the White House on Monday, reserves till 2018 could […]
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Washington/Tehran: The Iranian ‘Quds Force’ Major General ‘Qassem Soleimani’ made a visit to Russia despite a ban being imposed on him by the US and UN. Western intelligence agencies claim that General Soleimani’s visit to Russia was planned in view with the increasing military and economic ties between Saudi Arabia and Russia. Strong reactions are […]
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Riyadh : The indications given by the Russian President, Vladimir Putin in the last month concerning collaborations with Saudi Arabia are beginning to materialise. On Sunday, Russia and Saudi Arabia signed a coherent mutual agreement for oil market collaborations. While there has been unanimity between both countries regarding the stability of the oil market, Saudi […]
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Riyadh/Moscow : In the light of the statements issued by Russia and Saudi Arabia, the world’s biggest oil producers , the prices of crude oil have soared. For the very first time after almost three weeks the rates of crude oil have touched $45 per barrel. On Monday, prices of crude oil were noted at $45.13 […]
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London / New York (News agency): The price of oil has bounced up again attributing to factors like recently held unsuccessful meeting of ‘OPEC’, Nigerian oil pipeline attacks and uncertainty in decision of the Federal Reserve. Brent crude oil as well as US crude oil rates have crossed $50/barrel again. These rates are the highest in […]
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