Saudi Arabia’s crude oil exports fell in July due to increased domestic consumption for power generation. Despite a rise in production, Saudi Arabia maintained its pledge to keep output around 9 million bpd. Saudi Arabia […]
Oil prices climb on the Fed’s rate cut, initially dampened by worries about the U.S. economy but lifted by ongoing tensions in the Middle East. Geopolitical uncertainty, including explosions in Lebanon, contributes to a shift […]
The increase in fossil fuel production on federal lands that Biden-Harris are taking credit for is largely the result of generous leasing under Trump. Is Joe Biden the “Drill, Baby, Drill” president? My AEI colleague […]
Daily Standup Top Stories Oil Is Not Out of the Woods Yet September 18, 2024 Stu Turley Crude oil prices revived this week with WTI recovering to $70 per barrel. This week, the climb is being […]
Crude oil prices revived this week with WTI recovering to $70 per barrel. This week, the climb is being fueled by the U.S. Federal Reserve, which is later today expected to announce the first rate […]
Satellite images confirm the burning Sounion’s new location, 81 km offshore Eritrea in the Red Sea following a delicate towing operation over the weekend. The Delta Tankers vessel remains on fire, according to images sent […]
Sept 17 (Reuters) – The Indian government has cut the windfall tax on petroleum crude to zero from 1,850 rupees per metric ton, effective from Sept. 18, a notification issued on Tuesday showed. The Indian […]
Oil prices have fallen dramatically in recent weeks, but supply disruptions and optimism around a potential U.S. interest rate cut appear to have halted that downward momentum. – The marked shift in oil sentiment recently […]
Sept 17 (Reuters) – Oil prices held steady on Tuesday in choppy trade as the focus turned to the U.S. Federal Reserve’s policy meeting that concludes on Wednesday, while fears of weaker demand in China […]
Revisionist powers like to use international law as a weapon. Now the West is thinking creatively, too—to uphold the order, not break it. Small European states, such as Denmark, face daily the threat of an […]
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