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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

India
Crude Oil News

India forecast to lead oil demand growth this decade

February 12, 2024 Mariel Alumit

AsiaTankers India will surpass China as the largest source of oil demand growth in the world this decade, according to a new report from the International Energy Agency (IEA). India is currently the world’s third […]

Bulk carrier
Geopolitical

Bulk carrier struck by Houthi missile

February 12, 2024 Mariel Alumit

Royal Navy A 20-year-old panamax bulk carrier belonging to NASDAQ-listed Star Bulk became the latest Houthi target today. The Star Iris was shot at twice in the space of 20 minutes by missiles while transiting […]

Civilian vessel
Geopolitical

Civilian vessel attacked off Yemeni coast – UK Navy

February 12, 2024 Mariel Alumit

Houthi militants have been targeting merchant ships in the Red Sea for months in response to Israel’s military operation in Gaza A civilian ship has come under fire off the coast of Yemen, the United […]

Argentina
Critical Minerals

Argentina, US strengthen ties concerning critical minerals

February 11, 2024 Mariel Alumit

  The Argentine Chamber of Mining Companies (CAEM) and the United States Assistant Secretary of State for Western Hemisphere Affairs, Brian A. Nichols, met in Buenos Aires to discuss possible cooperation avenues when it comes […]

India and Russia
Crude Oil News

India and Russia in talks over long-term oil deals – Bloomberg

February 11, 2024 Mariel Alumit

New Delhi reportedly wants to secure a steady supply of crude instead of one-off purchases State oil refiners in India are negotiating long-term agreements for supplies of crude with Russian energy giant Rosneft, Bloomberg reported […]

Nakilat
Finance

Nakilat lands deal with QatarEnergy for up to 25 LNG newbuilds

February 11, 2024 Mariel Alumit

GasMiddle East Nakilat Qatari gas shipping giant Nakilat has been selected by QatarEnergy to own and operate up to 25 vessels as part of the Middle Eastern country’s second phase of a massive LNG shipbuilding […]

US Debt-Servicing Costs Skyrocket: $1.4 Trillion In Interest Payments On Deck
Finance

Soaring debt pushing wealthy nations to ‘fiscal death’ – economist

February 11, 2024 Mariel Alumit

Major economies that fail to address their mounting debt issues will die a “fiscal death,” the head of investment and wealth advisory Laffer Tengler Investments, Arthur Laffer, has warned. In an interview with CNBC this […]

Mexican president
Critical Minerals

Mexican president proposes ban on open-pit mining

February 10, 2024 Mariel Alumit

  Mexican President Andrés Manuel López Obrador, known as AMLO, presented before parliament a series of constitutional reforms among which there’s a proposal to modify Article 27 so that it prohibits open-pit mining. In detail, […]

US Exported
Commodities

The $2 Trillion in Goods the US Exported in 2023: Led by Energy Products, Capital Goods, Pharmaceuticals, and Automotive

February 10, 2024 Mariel Alumit

The biggest export group — crude oil, petroleum products, natural gas, petrochemicals — retraced part of the 50% spike as prices dropped.  By Wolf Richter for WOLF STREET. The huge US trade deficit improved – or got less […]

New Gold
International News

New Gold unveils three-year plan for 35% production growth

February 9, 2024 Mariel Alumit

  Canadian miner New Gold (TSX, NYSE: NGD) has defined the path forward to increase gold production by 35% from last year’s total to 410,000 to 460,000 ounces in 2026, which includes boosting output at current […]

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