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U.S. Oil Production Growth Slows in 2025, Reaching Record High
The United States expects a modest increase in crude oil production next year. The Energy Information Administration (EIA) projects a growth of 320,000 barrels per day in 2025. This figure falls short of earlier estimates but still sets a new record. Oil output will reach 13.54 million barrels per day, according to the EIA’s Short-Term […]
Oil Prices Dip on China Demand Worries
Oil futures dipped as US markets reopened after a holiday weekend, with investors eyeing China’s economy closely. China’s central bank’s interest rate cut to stimulate growth raised concerns about oil demand, overshadowing Red Sea supply risks. West Texas Intermediate (WTI) for April delivery fell 1.28% to $78.18 a barrel on the New York Mercantile Exchange. […]
280,000 Argentinians Declare Hidden Assets, Country Nets $18 Billion
Argentina’s financial landscape is undergoing a significant transformation. President Javier Milei recently announced the success of the country’s asset regularization program. This initiative has led to a substantial increase in cash deposits, exceeding $18 billion in just two months. The program, aimed at declaring previously undisclosed assets, has garnered widespread participation. Over 280,000 Argentinians have […]