U.S. big company oil reserves up 13% since 2017, deals drive recent growth -study
NEW YORK (Reuters) – U.S. oil reserves held by 50 large companies rose by 13% over the five years ended in December, according to an Ernst & Young report released…
NEW YORK (Reuters) – U.S. oil reserves held by 50 large companies rose by 13% over the five years ended in December, according to an Ernst & Young report released…
CARACAS – The Venezuelan central bank’s gold reserves dropped by six tonnes as of June 2022, according to the bank’s first-half balance sheet published in a local media outlet last…
JAKARTA -Indonesia’s foreign exchange reserves fell the most in a month since the start of the pandemic, Bank Indonesia (BI) data showed on Friday, as the central bank pledged to…
‘Major Problems Down The Road’: Biden Drains Petroleum Reserves Of Crucial Type Of Crude Jack McEvoy on August 2, 2022 President Joe Biden’s Department of Energy (DOE) is emptying the…
By Gopal Sharma and Manoj Kumar KATHMANDU/NEW DELHI – Bhutan is considering several steps to contain adverse impacts on the economy following a fall in foreign exchange reserves, its economic…
THE NEW SCRAMBLE FOR AFRICA: Europe Eyes Africa’s Vast Gas Reserves As Alternative To Russia Micaela Burrow on July 27, 2022 European countries see African energy resources as a possible…
By Savio Shetty and Divya Chowdhury MUMBAI – The Reserve Bank of India (RBI) is justified in using the country’s foreign exchange reserves to smooth out volatility in the rupee’s…
By Gopal Sharma KATHMANDU -Nepal’s central bank on Friday raised its benchmark policy rate at which it lends to commercial banks to 8.5% from 7%, as part of efforts to…
JAKARTA – Indonesia’s foreign exchange reserves increased to $136.4 billion in June, equivalent to 6.6 months worth of imports and up from $135.6 billion a month earlier, the central bank…
By Gertrude Chavez-Dreyfuss NEW YORK – The U.S. dollar’s share of currency reserves reported to the International Monetary Fund was 58.8% in the first quarter, unchanged from that of the…
NYCB partnership marks Circle’s first custody relationship with a community bank and brings digital financial literacy opportunities to the greater NYCB community BOSTON, June 28, 2022 — Today, Circle Internet Financial,…
BERLIN – Germany’s federal government has reached the limit of its fiscal capacity, its finance minister said, with extra financing to cope with the coronavirus pandemic, the impact of the…
By Stephanie Kelly NEW YORK – A key U.S. sour crude grade is being discounted at levels not seen in more than two years as it competes with a flood…
Every Time Biden Drained Strategic Oil Reserves, Prices Ended Up Higher. Here’s The Proof Thomas Catenacci on May 29, 2022 President Joe Biden has raided the Strategic Petroleum Reserve three…
(Reuters) -The Kremlin said on Tuesday it would be “outright theft” for the Group of Seven economic powers and European Union to seize Russia’s frozen reserves and spend them on…
BEIJING – China will buy 40,000 tonnes of local frozen pork for its state reserves on May 13, according to a notice issued by the reserves management this year. The…
Biden Copies Trump Proposal To Refill Oil Reserves — And Spends Way More Doing It Thomas Catenacci on May 6, 2022 The Biden administration announced plans Thursday to refill the…
SEOUL – South Korea’s foreign exchange reserves measured in U.S. dollars shrank by the most in more than two years in April on the dollar’s strength and dollar-selling intervention by…
(Reuters) – Foreign financial aid will ensure the stability of Ukraine’s central bank reserves as the country deals with the economic shock from the Russian invasion, central bank governor Kyrylo…
Is Biden’s Mass Release From The Strategic Oil Reserves Even Legal? Thomas Catenacci on April 21, 2022 A former Trump administration official suggested that President Joe Biden’s recent release of…
SINGAPORE – Singapore’s central bank said on Thursday it has transferred excess official foreign reserves (OFR) of S$75 billion ($55.11 billion) to the government through a subscription of reserves management…
(Reuters) – Ukraine’s gold and foreign currency reserves stand at $29 billion, the same level as before Russia’s invasion thanks to external financial support, the president’s economic adviser Oleh Ustenko…
By Hannah Lang (Reuters) – Circle Internet Financial has selected Bank of New York Mellon Corp as primary custodian for its reserves of USD Coin, a stablecoin cryptocurrency whose value…
WASHINGTON – The Biden administration is weighing a draw of oil from emergency reserves of up to 180 million barrels over several months, two U.S. sources said on Wednesday. The…
PRAGUE – The Czech central bank may discuss whether to use its large foreign exchange reserves to not only stabilise exchange rate fluctuations but also for fighting inflation, central bank…