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Home2023February

Month: February 2023

Commodities

China Reopening Rally Hits A Stumbling Block

February 6, 2023 Mariel Alumit

By John Liu and April Ma, BBG Markets Live strategists and reporters The reopening euphoria that vaulted a key Chinese benchmark to the brink of a bull market is losing steam, highlighting investor caution about […]

Goldman
Commodities

Oil To Face “Serious” Supply Problem In 2024 As Production Capacity Runs Out, Goldman Warns

February 6, 2023 Mariel Alumit

Heading into 2023, Goldman was bearish on most asset classes, except commodities where the bank forecast a 43% gain as “supply shortages bite.” Since then the commodity picture has ebbed and flowed, and after commodities […]

Bitcoin
Crypto

Innovation Or Attack? Sorting Out The “NFT Big Block” On The Bitcoin Network

February 6, 2023 Mariel Alumit

By Liu Chongyong of WuBlockchain, On February 1, 2023, Bitcoin Network mined the largest block in history, containing a nearly 4M largest transaction in the history, and the transaction fee is 0… The big transaction […]

Crude Oil News

Daily Energy Standup Episode #55 -US Natgas supply drops to 25-month low, Manchin says Yellin not following the law on EV’s

February 6, 2023 Andy Del Prado

Good Monday Morning – Michael survived the bachelor party in California, and Stu did not have to role-play the “Hangover” movie and find him. Watch for a wild week in prices. – Turkey and Middle […]

India
Crude Oil News

India ditches dollar to bypass sanctions on Russian oil – helping downward shift U.S. global influence

February 5, 2023 Mariel Alumit

Indian refiners are now using Emirati dirhams instead of US dollars to pay for most of the Russian oil they purchase via traders based in the United Arab Emirates, Reuters reported last week, citing sources […]

Aljazeera International

European Union bans Russian diesel, oil products over Ukraine – Consumers are in the cross hairs

February 5, 2023 Mariel Alumit

Europe has imposed a ban on Russian diesel fuel and other refined oil products, slashing energy dependency on Moscow and seeking to further crimp the Kremlin’s fossil fuel earnings as punishment for invading Ukraine. Sunday’s […]

ESG
ESG

The Long-Term Negative Effects Of ESG Will Be Catastrophic – And I Could Have Been Avoided

February 5, 2023 Mariel Alumit

Authored by Tom Czitron via The Epoch Times, Environmental, social, and governance (ESG) has been a hotly debated topic over the last few years. The seemingly unquestioned march towards corporate utopia has met with resistance […]

Trump
Geopolitical

“It’s Disinformation”: Trump, Former Officials Slam Anonymous Report Of Chinese Spy Balloons Under Their Watch

February 5, 2023 Mariel Alumit

Former President Donald Trump lashed out at a report from an anonymous US Defense Department official who said over the weekend that spy balloons transited over US territory while he was president. “This never happened. […]

Brazil
ENB Pub Note

Brazil Sinks ‘Toxic’ Decommissioned Aircraft Carrier In Atlantic After Far-Left President Lula Fails To Intervene – Comedian claims Biden visited and left files.

February 5, 2023 Mariel Alumit

ENB Pub Note: Comedian claiming Biden’s Top Secret files moved to aircraft carrier before sinking. “The New Biden Library” Brazil has unleashed anger from environmental activists around the globe after the government ordered the sinking […]

Saudi
Crude Oil News

Saudi Arabia’s Oil Chief Says He’ll Keep Cautious on Output

February 5, 2023 Mariel Alumit

​Saudi Arabia’s energy minister reiterated that the kingdom will remain cautious about raising oil production, even as several prominent analysts say rising demand will soon trigger a jump in prices.“I will believe it when I […]

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