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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Finance

Macleod: Why The Dollar Is Finished

July 23, 2023 Mariel Alumit

Authored by Alasdair Macleod via GoldMoney.com, Last week in my Goldmoney Insight, I analysed the rationale for a new gold backed trade settlement currency on the agenda of the BRICS summit in Johannesburg on 22–24 […]

Crude Oil News

Oil markets are still volatile, U.S. energy chief says, calling for further supplies – But will they allow drilling?

July 22, 2023 Mariel Alumit

Volatility is still weighing on oil markets, U.S. Energy Secretary Jennifer Granholm said Saturday, reiterating calls for additional supplies. Jennifer Granholm said she expects oil demand in the U.S. to increase to 12.5 million barrels […]

Climate Crisis

EVs For All? If The Dream Was Met, Would It Help The Environment?

July 22, 2023 Mariel Alumit

Authored by Mike Shedlock via MishTalk.com, Even if you are 100% convinced in man-made climate change, the idea the EV’s will help reduce CO2 emissions is nonsense…   The Impossible Dream Hello climate change advocates, […]

BlackRock
ESG

ESG Is Dying Its Inevitable Death – But will it open up capital for energy investments?

July 22, 2023 Mariel Alumit

ESG scoring and mandates remain a subject we have contested since it sprang to life in 2020. The push of “woke activism” on, and by companies, to meet nebulous or artificial standards has led to various bad […]

BBC Climate false reporting by Justin Rowlatt
Climate Crisis

BBC climate editor whose sister is an Insulate Britain fanatic made false claims on global warming including worldwide deaths are rising and Madagascar is on the verge of famine, inquiry finds

July 22, 2023 Mariel Alumit

BBC Panorama global warming documentary made a number of false claims Wild Weather, presented by climate editor Justin Rowlatt, said deaths worldwide were rising due to extreme weather caused by climate change It said Madagascar […]

200,000 Bpd Halted in Iraq After Drone Strikes in Kurdistan Oilfields
Crude Oil News

Deal With Iran Reflects Iraq’s Frustration With US and increased energy crisis

July 22, 2023 Mariel Alumit

A recent barter deal under which Iraq agreed to supply Iran with crude oil and fuel oil in exchange for Iranian gas, points to Iraq’s frustration with US sanctions that make it difficult to pay […]

Massive Oil Refining Capacity Idle in China as Prices Soar
Downstream

Saudi Aramco Buys $3.4 Billion Stake In Chinese Petrochemical Firm

July 22, 2023 Mariel Alumit

Saudi Aramco said on Friday it had completed the purchase of a 10% stake in a Chinese petrochemical firm for the equivalent of $3.4 billion as the Saudi oil giant continues to expand its downstream footprint in […]

Powered
Coal

China Expects No Major Blackouts Despite Blazing Hot Summer – Coal imports are up at record highs

July 22, 2023 Mariel Alumit

China is confident it can get through a hot summer of record temperatures and soaring power demand without experiencing major blackouts, authorities say. Coal reserves at coal-fired power plants were at record-high levels as of […]

Bull vs Bear oil run -Why oil prices will remain over $100 even if Putin does not attack but annexes through force.
Big Oil Companies

Traders Turning Bullish On Saudi Supply Cuts

July 22, 2023 Mariel Alumit

Net long positions in WTI and Brent jumped by most in three months in the period from July 3 to July 11. Even if the recent Saudi moves didn’t result in major price rallies in […]

Finance

Land Of The Rising Prices

July 22, 2023 Mariel Alumit

By Maartje Wijffelaars, Senior economist at Rabobank Over the past few days, Russia has made it all the more clear that its only concern is winning the war, whatever the collateral damage. Not only has […]

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