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Home2023October

Month: October 2023

Crude Oil News

Russia’s oil revenues surge – IEA

October 15, 2023 Mariel Alumit

Russia netted $18.8 billion from oil exports last month, making September the most profitable month since July 2022, the International Energy Agency (IEA) said in its monthly oil market report. According to the Paris-based agency, […]

Jobs

Don’t Mess With Texas: Senate Passes Bill Allowing Local, State Police To Arrest Illegal Immigrants

October 15, 2023 Mariel Alumit

The Texas Senate on Thursday approved a bill that will give local and state police the authority to arrest illegal migrants by making it a state crime to cross illegally into the United States. The […]

Finance

Treasury bond auction runs into weak demand amid fears that soaring US debt will overwhelm Wall Street – De-dollarization the root?

October 14, 2023 Mariel Alumit

A Treasury bond auction saw weak demand on Thursday amid fears soaring US debt will overwhelm Wall Street. The US sold $20 billion of 30-year bonds, but dealers had to take up more supply after […]

Crude Oil News

USA EIA Releases Latest Brent Oil Price Forecasts

October 14, 2023 Mariel Alumit

The U.S. Energy Information Administration (EIA) has revealed its latest Brent spot average price forecasts for 2023 and 2024 in its October short term energy outlook (STEO), which was released this week. According to the […]

ENB Pub Note

Qatar warns to cut gas exports if attacks on Gaza continue – What does this mean to U.S. gas and LNG exports?

October 14, 2023 Mariel Alumit

ENB Pub Note: This has the potential to hurt 10s’ of thousands this winter. More people die from cold weather than heat. I am not sure how this will impact the United States exports, as […]

Finance

JPMorgan boss warns of ‘the most dangerous time’

October 14, 2023 Mariel Alumit

The escalation of the Israel-Palestine conflict could exacerbate challenges already facing the world economy, Jamie Dimon has said The continuing conflict between Russia and Ukraine coupled with the escalation of Israel-Palestine hostilities could have far-reaching […]

Finance

Latin American country raises interest rates to 133%

October 14, 2023 Mariel Alumit

The economic crisis in Argentina is deepening, with two out of five people living below the poverty line Argentina’s central bank on Thursday hiked the country’s benchmark interest rate for the sixth time this year, […]

Exports

Bulgaria slaps tax on Russian gas

October 14, 2023 Mariel Alumit

While the country does not import the commodity for its own use, it is a transit hub for supplies entering the EU The Bulgarian authorities have imposed a tax on Russian pipeline gas supplied through […]

Climate Crisis

Era Of ‘Unquestioned And Unchallenged’ Climate Change Claims Is Over

October 14, 2023 Mariel Alumit

Authored by Alex Newman via The Epoch Times (emphasis ours), Leading voices in the climate community are in an uproar as their warming hypothesis comes under fresh assault by new scientific papers. The authors of […]

Geopolitical

Saudi Arabia puts Israel deal on ice amid war, engages with Iran: Report

October 14, 2023 Mariel Alumit

Saudi Arabia is putting United States-backed plans to normalise ties with Israel on ice, two sources familiar with Riyadh’s thinking told Reuters news agency, signalling a rapid rethink of its foreign policy priorities as war escalates between […]

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