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HomeInternational News

International News

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 […]

minerals
Critical Minerals

The global fight for critical minerals is costly and damaging

July 21, 2023 Mariel Alumit

It’s an all-too-familiar statement: in a zero-carbon world, certain chemical elements will be as important as oil and gas are to a fossil-fuel-powered world. These include the nickel, lithium and cobalt used in batteries, as […]

Turkmenistan
Energy Crisis

Turkmenistan: Struggles with Emissions but Potentially a Bright Future

July 21, 2023 Mariel Alumit

Turkmenistan’s Struggles with Emissions This coming November, the annual United Nations Climate Change Conference (COP 28) will be taking place. This conference will be focused on carbon capture, utilization, and storage. Turkmenistan has recently been […]

Finance

Japan’s inflation speeds up as central bank weighs interest rates

July 21, 2023 Mariel Alumit

EconomyInflation Japan’s consumer prices rose at a faster pace in June, staying above the central bank’s target for the 15th consecutive month. Japan’s core consumer inflation hit 3.3 percent year-on-year last month, compared with price […]

Exports

Russia’s exit from grain deal puts focus on Asia’s food prices

July 21, 2023 Mariel Alumit

Kuala Lumpur, Malaysia – Russia’s withdrawal from the Black Sea grain deal is expected to drive food prices higher in Asia but the impact will be muted for now, analysts say, due to reduced imports […]

Geopolitical

Looking To China For The Next Leg Higher Carries Risks

July 21, 2023 Mariel Alumit

By Michael Msika, Bloomberg Markets Live reporter and strategist Investors are counting on China to shake European equities out of a lull, but strategists warn that officials’ measures to bolster the world’s second-biggest economy may […]

Climate Crisis

Experts Warn Renewable Energy Creates ‘New Opportunities’ For Chinese Grid Attacks

July 21, 2023 Mariel Alumit

Authored by Nathan Worcester via The Epoch Times (emphasis ours), America’s increasing reliance on intermittent power sources and batteries is creating novel risks, according to grid specialists who testified before Congress on July 18.   […]

Geopolitical

Russia, China Kick Off Joint Naval Drills Flexing Muscle In Sea Of Japan

July 21, 2023 Mariel Alumit

China and Russia have kicked off their anticipated joint military exercises in the Sea of Japan on Thursday. Chinese state television has described the purpose as ensuring security of “strategic passage at sea”. Bloomberg noted […]

Aljazeera International

Ecuador confirms oil spill of 1,200 barrels on northwest coast

July 20, 2023 Mariel Alumit

NewsOil and Gas Authorities in the South American nation of Ecuador have confirmed that an oil spill released about 1,200 barrels into the Pacific, contaminating kilometres of oceanfront. Rafael Armendariz, transportation manager for the state-owned […]

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