Despite record-breaking EV sales in China and Norway, global oil demand remains strong. While China’s EV market surges, its oil demand continues to grow modestly, but India is emerging as the primary driver of global […]
Foreign Ministry spokeswoman Maria Zakharova has said Berlin has undermined its industrial sector by decoupling from Russian energy Germany has shot itself in the foot economically by caving in to US pressure and cutting off […]
“Extraordinary measures” may be needed soon to prevent nation from defaulting on its obligations, Janet Yellen has told Congress US Treasury Secretary Janet Yellen has said the federal government will hit its debt limit as […]
Russian energy giant Gazprom announced on Saturday it will halt natural gas supplies to Moldova from January 1, citing the country’s refusal to pay debts. Moldova, a former Soviet state that relies heavily on Russian […]
The Serbian president has made the prediction following recent reports about an American investor’s bid for the pipeline The sabotaged Nord Stream 2 gas pipeline could become US property in a year, and gas supplies […]
A rare snap election will be held in February, as critics of Western funding for the Ukraine conflict gain public support German President Frank-Walter Steinmeier ordered the dissolution of the federal parliament on Friday following […]
ENB Pub Note: This article is from Oilprice.com and Irina Slav. She nails the breaking story, and I have been recording hours of podcasts about the Middle East, Syria and Turkey in the last week. […]
The US government will “go de facto bankrupt” unless it reins in its rising debt, Elon Musk has warned. The billionaire is set to co-lead a new department tasked with curbing spending under President-elect Donald […]
Recent trends in international prices have led to a positive shift for India, reducing its crude import costs despite rising volumes A decline in global crude oil prices in recent months has led to a […]
Oil prices in 2024 were heavily influenced by Chinese demand and Middle East tensions, while US shale producers consolidated and remained cautious about production growth. Natural gas demand surged due to increased electricity consumption, driven […]
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