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Home2024December

Month: December 2024

Crude Oil News

Is Oil’s Gloom Overblown? Barclays Thinks So

December 8, 2024 Clark Savage

The oil market is bracing for a tough 2025, but Barclays believes the industry’s pessimism might be overdone. Brent crude hovered around $71 per barrel this week, raising chatter of a potential dip into the […]

Electric Vehicles

EV Sales Slump: A Global Reality Check

December 8, 2024 Clark Savage

Global EV sales are slowing down due to high prices, concerns about charging infrastructure, and reduced government subsidies. Major automakers are scaling back production plans and announcing job cuts in response to the weaker demand. […]

chancellor
Geopolitical

German chancellor candidate calls for end to arming Kiev

December 8, 2024 Mariel Alumit

Alice Weidel is the Alternative for Germany party’s first-ever nominee for head of the government The co-leader of the right-wing Alternative for Germany (AfD) party, Alice Weidel, has said that she will oppose any arms […]

Used-Vehicle
Finance

Used-Vehicle Prices Turn into Inflation Headwind, after Historic 2-Year Plunge Helped Power the “Deceleration” of Core CPI

December 7, 2024 Mariel Alumit

Prices are rising again, amid tight supply, sharply reduced flow through the used-vehicle pipeline, and strong demand. By Wolf Richter for WOLF STREET. Prices of used vehicle sold at auctions across the US jumped by 1.3% in November […]

UK
Climate Crisis

UK Govt Pouring Big Bucks Into UN Initiative To Censor Climate Dissent

December 7, 2024 Clark Savage

A UN-led campaign to suppress any and all skepticism on climate and energy policy is underway, with the UK among its top backers. The British Government is one of the main financial backers of a […]

Methane
Agriculture

Methane Scare Tactics: Livestock Emissions Exaggerated To Push Meat-Reduction Agenda

December 7, 2024 Clark Savage

Vox’s methane alarmism ignores data showing livestock’s minor role in emissions, exaggerates climate impact, and pushes costly meat-reduction policies. A recent article at Vox, titled “Scientists are measuring burps and farts. It could help save […]

EU
Geopolitical

EU fails to agree on new Russia sanctions – Reuters

December 7, 2024 Clark Savage

Two unnamed member states have reportedly held up the latest round of anti-Moscow measures Two EU member states have blocked the proposed 15th package of sanctions targeting Russia, Reuters reported citing unnamed diplomats in Brussels. […]

Russian bank
Finance

EU countries pushing back against US sanctions on Russian bank – Bloomberg

December 7, 2024 Mariel Alumit

The latest American restrictions cut off the last way for the bloc to pay Moscow for gas supplies The EU is pressuring the US to ease sanctions on Russia’s Gazprombank, which until recently was used […]

BRICS

Week Recap: LNG, Dollar Diplomacy, and Net-Zero Debates

December 7, 2024 Andy Del Prado

Weekly Daily Standup Top Stories Trump threatens BRICS December 1, 2024 Clark Savage ENB Pub Note: If the Biden-Harris administration had not weaponized the US Dollar in such a criminal pattern, BRICS would not have gained […]

Forget Short-Term Noise: Oil Prices Are All About the Long-Term Trend
Crude Oil News

Morgan Stanley Raises Brent Oil Forecast for Late 2025 After OPEC+ Move

December 6, 2024 Mariel Alumit

OPEC+ postponed the start of increasing oil production, tightening the market supply and potentially leading to higher prices. Morgan Stanley revised its Brent crude price forecast to $70 per barrel for the second half of […]

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