India indicates readiness to release more oil reserves
By Nidhi Verma and Sethuraman N R New Delhi -India will take “appropriate” steps to calm the rise in oil prices, triggered by Russia’s invasion …
reserves,
Russia to use yuan from its forex reserves, finance minister says
– Russia will use Chinese yuan from its foreign exchange reserves after Western sanctions blocked Moscow’s access to the U.S. dollars and euros in the …
Russian central bank reserves: what are they made of?
LONDON – Major Western economies have launched moves to exclude Russian banks from the main global payments system while imposing curbs on Russia’s central bank …
Japan says it will deal with oil release from reserves in cooperation with IEA, other nations
TOKYO – Japan said on Friday it will appropriately deal with oil release from national reserves in cooperation with the International Energy Agency and relevant …
Gold reserves at Venezuelan central bank down to new 50-year low
By Mayela Armas CARACAS – The Venezuelan central bank’s gold reserves dropped seven tonnes last year to a new 50-year low, according to financial statements …
‘Will Not Fix The Problem’: Biden Releasing Oil Reserves Due To Politics, Critics Say
President Joe Biden’s decision to tap the U.S. Strategic Petroleum Reserve (SPR) was derided by top GOP lawmakers and experts who said the move was …
Biden Asks Asian Countries To Release Oil Reserves As Administration Scrambles To Combat High Gas Prices: REPORT
The Biden administration asked China, Japan, South Korea and India to tap into their emergency oil reserves as the president continues to grapple with rising …