China’s two largest refiners, Sinopec and PetroChina, have reported steep declines in refining output as domestic oil demand weakened further in the third quarter. Lower refining and chemicals demand contributed to a sharp drop in […]
Russia and Iran recently held high-level meetings to strengthen their 20-year cooperation treaty. Both countries aim to reduce reliance on the U.S. dollar in international trade, especially with key partners like China. A proposed “Land […]
Crude oil prices remained largely unchanged today, after the U.S. Energy Information Administration reported an inventory draw of a modest half a million barrels for the week to October 25. At the time of writing, Brent crude was trading […]
Daily Standup Top Stories Watchdog: Biden-Harris Allegedly Buried LNG Emissions Study, GOP Wants Answers October 28, 2024 Mariel Alumit GOP lawmakers demand answers from DOE over allegations it buried a study on LNG emissions, claiming Biden-Harris […]
Daily Standup Top Stories Fyodor Lukyanov: Here’s why this week’s BRICS summit will eventually be seen as a milestone October 26, 2024 Stu Turley The group’s success means that the West is no longer totally in […]
TINOS, Greece, Oct 28 (Reuters Breakingviews) – The task of decarbonising the global economy can be split into three parts: electrify as many activities as possible; use low-carbon processes when that’s not possible; and make […]
Daily Standup Top Stories Kamala Harris’s Far-Left ‘Climate Engagement Director’ Accuses Oil and Gas Workers of Committing ‘Ecoterrorism,’ Weaponizing ‘White Supremacy’ and ‘Toxic Patriarchy’ October 22, 2024 Mariel Alumit The Harris-Walz campaign’s climate engagement director has […]
Goldman Sachs predicts average oil prices of $76 per barrel in 2025 due to sufficient global spare capacity. The forecast sees limited upside potential due to high spare capacity and potential trade tariffs. Despite undisrupted […]
Aramco CEO Amin Nasser is optimistic about China’s oil demand, particularly in the chemical and aviation fuel sectors. Nasser believes that the global energy transition is happening slower than anticipated and that oil demand will […]
“Joe Biden is not on the ballot,” Vice President Kamala Harris has taken to telling voters on the campaign trail in recent weeks. During her interview with Fox News’s Bret Baier last week, Harris went […]
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