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HomeInternational News

International News

Crude Oil News

Fires break out on abandoned Greek-flagged oil tanker Sounion that Yemen rebels attacked in Red Sea

August 25, 2024 Stu Turley

DUBAI, United Arab Emirates (AP) — Fires broke out Friday on a Greek-flagged oil tanker previously attacked by Yemen’s Houthi rebels this week, with the vessel now appearing to be adrift in the Red Sea, authorities said. It wasn’t […]

Citgo
Downstream

Elliott Leads Bidding for Citgo, US Refiner Owned by Venezuela

August 25, 2024 Stu Turley

Deadline for recommendation on winning bid expired on Aug. 22 The court-ordered sale hearing is scheduled for Oct. 30 Elliott Investment Management is the leading bidder in a US court-ordered auction of the parent company of […]

China
Crude Oil News

Is China’s Demand for Oil Nearing Its Peak?

August 25, 2024 Stu Turley

China’s oil imports in July were down 12% from June and 3% from July 2023, raising concerns about the country’s economic health and future oil demand. Factors such as the rise of electric vehicles, the […]

Durov
Geopolitical

Telegram messaging app CEO Durov arrested in France

August 25, 2024 Stu Turley

  Pavel Durov, the Russian-French billionaire founder and CEO of the Telegram messaging app, was arrested at Bourget airport outside Paris on Saturday evening (24 August), TF1 TV and BFM TV said, citing unnamed sources. […]

Durov
Geopolitical

WATCH what Durov told Carlson about US pressure

August 25, 2024 Stu Turley

  American security agencies have been trying to get more control over Telegram for a long time, the tech entrepreneur believes Telegram CEO and founder Pavel Durov, who was arrested overnight in France, previously told American […]

UK
Energy Crisis

October energy bill hike to push 400k more homes into fuel poverty

August 24, 2024 Stu Turley

From 1st October, around six million UK households are expected to be in fuel poverty, according to figures from National Energy Action. This marks an increase from 5.6 million households currently affected. The new price […]

China
Critical Minerals

China Tightens Its Grip on Yet Another Critical Mineral

August 24, 2024 Stu Turley

And for now, the United States has few other options. More than a year after China rattled the West by imposing export controls on gallium and germanium, two powerful chipmaking inputs, Beijing flexed its muscles […]

DNC
Geopolitical

What Harris’s DNC Speech Reveals About Her Foreign Policy

August 24, 2024 Stu Turley

An FP Live discussion with Anne-Marie Slaughter and Matt Duss. From Oprah Winfrey to the Clintons and the Obamas, a star-studded Democratic National Convention (DNC) came to a close on Thursday night in Chicago with […]

Crude Oil News

Abandoned suezmax off Yemen risks becoming fifth-largest tanker spill in history

August 24, 2024 Stu Turley

MarineTraffic / Sakis Antoniou The Sounion suezmax, badly damaged and abandoned following multiple attacks by the Houthis on Wednesday, risks spilling four times as much oil as the Exxon Valdez, arguably tanker shipping’s most famous […]

Coal Reserves
Coal

Russia’s Coal Reserves to Last Over a Century Despite Market Pressures

August 23, 2024 Mariel Alumit

Russia has announced that it possesses more than a century’s worth of coal reserves, signaling its enduring role as a key player in the global energy landscape despite facing Western sanctions. According to Alexander Kozlov, […]

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