Daily Standup Top Stories BRICS’ Kazan Declaration Trumps COP29 Climate Blather November 19, 2024 Clark Savage Gathering in the Russian city of Kazan and hosted by that country’s “alienated and sanctioned” leader Vladimir Putin, the heads […]
Saudi Arabia is leading opposition to restating commitments to phase out fossil fuels made at COP28, creating a significant hurdle at COP29. Climate experts are calling for a restructuring of UN climate summits, arguing that […]
China’s weak oil demand has already thrown OPEC+ off track in its supply-management policies. Trump’s energy policies could create a new challenge for OPEC in 2025. Amidst further uncertainties about global oil supply and demand […]
Comments highlight forecasters’ debate over oil demand growth US is seen focused on growth regardless of election outcome Escalating tensions in the Middle East and US relations with China pose the greatest concerns for Big […]
Saudi Arabia may reduce the official selling prices for most of its oil grades for Asian buyers next month, Reuters has reported, citing sources from the refining industry. Based on a poll conducted among six of […]
Daily Standup Top Stories Oil Prices Spike As Iran Sends Volley of 100+ Ballistic Missiles Into Israel October 1, 2024 Stu Turley Iran has fired more than 100 ballistic missiles into Israel, according to the latest […]
Russia’s Energy Minister Alexander Novak (L) and his counterparts from Saudi Arabia Prince Abdulaziz … [+] AFP via Getty Images After several years of relative stability in global crude oil markets, speculation is rising that strategic shifts […]
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 […]
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 […]
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