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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

VLCCs
Crude Oil News

Shadow VLCCs lined up for demolition

December 6, 2024 Mariel Alumit

Changes are afoot in the Iranian-linked VLCC fleet with just over six weeks until Donald Trump is sworn in as the 47th president of the US. Splash reported on further sanctions aimed at Iran’s tanker […]

Balance Sheet
Finance

Fed Balance Sheet QT: -$98 Billion in November, -$2.07 Trillion from Peak, to $6.90 Trillion, Lowest since May 2020

December 5, 2024 Mariel Alumit

Quantitative Tightening shed 43% of the assets the Fed had added during pandemic QE. Bank-panic facility BTFP is vanishing. By Wolf Richter for WOLF STREET. Total assets on the Fed’s balance sheet dropped by $98 billion in November, […]

Duke Energy
Climate Crisis

North Carolina town sues Duke Energy for climate ‘deception’

December 5, 2024 Mariel Alumit

  This article was originally published by Floodlight. A small town in North Carolina has taken a bold step, filing the first climate “deception” lawsuit against an electric utility in the United States. In a […]

China
Commodities

China now controls unprecedented 65% of global shipbuilding orderbook

December 5, 2024 Mariel Alumit

Shanghai Waigaoqiao Shipbuilding China’s combined orderbook for merchant ships has grown by a remarkable 170% this decade, stretching its lead over its nearest shipbuilding rivals dramatically. Data from Greek broker Intermodal and Clarksons Research show […]

North Sea
Crude Oil News

North Sea Trading Frenzy Sparks Brent Crude Price Speculation

December 5, 2024 Mariel Alumit

The North Sea crude market experienced a record-breaking trading day, with eight cargoes traded, potentially influencing Brent Crude prices. Major oil companies and trading firms participated in the trading frenzy, signaling bullish market sentiment. While […]

Newsom’s Green
Climate Crisis

Newsom’s Green Push Ignores Energy Reality, Burdening Residents With Sky-High Costs

December 5, 2024 Mariel Alumit

Gov. Newsom’s green transition pushes costly energy policies while ignoring hydrocarbons’ role, harming California’s economy and low-income residents. Driven by California Governor Gavin Newsom’s obliviousness to the reality that the so-called green energy transition is […]

EPA
Climate Crisis

‘Throwing Gold Bars Off The Titanic’: EPA Staffer Admits Funneling Billions To Climate Orgs Before Inauguration

December 5, 2024 Mariel Alumit

Before Trump takes office, gloomy EPA staff scramble to distribute billions from ‘Biden’s climate law’ to favored climate groups. It’s a turbulent time at the Environmental Protection Agency (EPA), according to a current staffer, with […]

Greenland Cooling
Climate Crisis

Greenland Cooling: New Study Shatters Arctic Warming Narrative

December 5, 2024 Mariel Alumit

Greenland cooling data shows decades-long temperature declines, challenging Arctic warming claims and media’s climate emergency narratives.​ After a careful study of 31,464 satellite records compiled over the last twenty years, a team of scientists and […]

oil
Crude Oil News

Czechs see Russian ‘games’ after Moscow halts oil supply

December 5, 2024 Mariel Alumit

  Oil deliveries from Russia to Czechia via the Druzhba pipeline have stopped without explanation, raising suspicions as Czech officials remain calm. While the exact reason remains unclear, many see it as another deliberate move […]

Bitcoin
Bitcoin

Bitcoin storms above $100,000 as bets on Trump fuel crypto euphoria

December 5, 2024 Mariel Alumit

  Bitcoin catapulted above $100,000 for the first time on Thursday (5 December), a milestone hailed even by sceptics as a coming-of-age for cryptocurrencies as investors bet on a friendly US administration to cement cryptos’ […]

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