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Home2022November

Month: November 2022

Asia
Uncategorized

Asia’s appetite for African crude slows as Ukraine conflict redraws trade flows

November 8, 2022 Mariel Alumit

Asia may end the year 2022 with a sharp drop in crude inflows from Africa as relatively higher freight rates, a wider Brent-Dubai spread and increased competition from European refiners looking for alternatives to Russian […]

renewable projects
ENB Pub Note

Europe to fast-track permitting for building renewable projects

November 8, 2022 Mariel Alumit

ENB Pub Note: The UK has admitted that they caused the energy crisis by forcing the transition prior to the technical abiltiy of renewables to support low cost energy. Now they are “trippling down on […]

COP27
International News

COP27: France’s Macron calls for further funding of coal phasedown deals

November 8, 2022 Mariel Alumit

Support offered to South Africa to help phase down coal-fired power must be extended to countries like Indonesia and India, French President Emmanuel Macron told the UN Climate Change Conference in Sharm el-Sheikh, Egypt, Nov. […]

Britain
International News

Britain wasting ‘millions a day’ in energy as wind farms told to turn off while bills soar

November 8, 2022 Mariel Alumit

Even as energy bills soar to unaffordable levels, and the UK faces the threat of blackouts this winter, the country has been effectively wasting millions of pounds worth of electricity every day, Express.co.uk was told. […]

Strategic Petroleum Reserve
Crude Oil News

Did releasing oil from the Strategic Petroleum Reserve impact gas prices?

November 8, 2022 Mariel Alumit

Beginning in November 2021, President Joe Biden’s administration has used the Strategic Petroleum Reserve (SPR) to combat rising gas prices. In March of 2022, the administration announced a new release of 180 million barrels of […]

Crude Oil News

OPEC Predicts Global Oil Demand Will Rise – So Will Oil Prices

November 8, 2022 Mariel Alumit

OPEC issued its 2022 World Oil Outlook report this week. In it the cartel predicted global oil demand is going to continue to rise in the medium and long term, despite the West attempting to […]

Musk
Electric Vehicles

Tesla Cybertruck To Begin Mass Production In Late 2023 The Daily Financial Trends

November 8, 2022 Mariel Alumit

In a conference call with analysts, Elon Musk revealed that Tesla intends to begin the mass production of its new Cybertruck around the end of 2023, according to a report from Reuters. First unveiled in […]

Inflation
Finance

Inflation Was Always The Endgame

November 8, 2022 Mariel Alumit

Authored by Darlo Perkins via TS Lombard blog, There is beautiful irony in macroeconomics, a sort of inherent Minsky dynamic, or universal Goodhart law, that means that just when everyone thinks something is definitively true, […]

Australia
Energy Crisis

Deep Green West Australian Government Considering Diesel Generators to Keep the Lights On

November 8, 2022 Mariel Alumit

​ Essay by Eric Worrall “… There was a lukewarm response from the market to supply extra capacity …” ‘Dirty’ diesel generators may be needed during Perth summer as WA energy crisis deepens By Daniel Mercer […]

Crude Oil News

The Petrodollar-Saudi Axis Is Why Washington Hates Iran – You you think the demise of the dollar is at hand?

November 7, 2022 Mariel Alumit

Authored by Gary Richard via The Mises Institute, Kish, since you are wondering, is an Iranian island in the Persian Gulf famed for its tourist and shopping attractions. It is becoming a serious rival to […]

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