Crude oil futures dropped over 2% to ₹5,100 per barrel, reflecting weak global trends and easing supply concerns. The decline is influenced by US intervention in Venezuela and changing dynamics in the ...

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Trump's plan to seize Venezuelan oil pushes crude prices lower

Oil prices fell on Wednesday after Donald Trump said Venezuela would hand over up to 50m barrels of sanctioned crude to the US. Brent crude (BZ=F) futures dropped 0.8% to $60.23 a barrel, while West ...

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What happens to the planet if Trump gets his hands on all of Venezuela’s oil?

Venezuela has the largest oil reserves of any country on Earth. But the type of oil it has is difficult, and dirty, to process. Experts say ramping up production would be expensive, and dangerous for ...

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Oil prices drop as Trump vows to seize up to 50m barrels of Venezuelan crude

Oil prices drop as Trump vows to seize up to 50m barrels of Venezuelan crude - Brent crude dropped below 60 US dollars a barrel after the US leader said Venezuela would turn over oil worth close to £1 ...

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Oil prices drop after Venezuela agreement to send crude to the US

ALBAWABA - Oil prices reported a slight decrease on Wednesday after U.S. President Donald Trump announced that the U.S. had reached an agreement to impo ...

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