The unprecedented economic sanctions that…
Opposition to a potential NOPEC…
China added some downward pressure to oil prices this week when it clearly signaled its intent to buy more discounted Russian oil. Between China and India, Russia is racing to…
U.S. West Texas Intermediate crude oil futures are inching higher on Friday, putting it in a position to finish higher for the week, as a planned European Union ban on…
1. Gasoline Tightness Becomes Main US Concern- With the EIA reporting an almost 5-million-barrel stock…
Politics, Geopolitics & Conflict Venezuela: With gasoline prices in the United States at all-time highs–over $6 per gallon in California–the pressure is on the Biden Administration to vigorously pursue ways…
I am a bit confused. The recent move down in the stock market makes perfect sense in a lot of ways but moves in other markets do not. The Fed…
These are great times for NATO, as an organization and an alliance. After the fall of Communism in the 1990s, NATO lost its raison d’etre. It never fully…
International sanctions against the Taliban government in Afghanistan are also hitting the pockets of its neighbors in Central Asia. Uzbekistan and Tajikistan are unable to recover…
The European Union is unlikely to reach a unanimous decision on the idea the U.S. has floated for cutting Putin's oil revenues—a tariff on Russian oil, a senior official told…
The world is experiencing the first global energy shock in its history, the secretary-general of the World Energy Council said this week, expecting the crisis will have a transformational effect…
Finland will become the third EU member state to see its Russian gas supply halted after refusing to pay in rubles for gas, as Gazprom will cut deliveries on the…
After regaining its position as the most valuable listed company in the world, Saudi national oil company Aramco is attempting to monetize one of its assets. Saudi officials…
As Latin America continues its recovery from the Covid-19 pandemic, several countries are undertaking large-scale transport infrastructure projects to improve regional and international connectivity and trade.
Very low inventories of oil products in the United States and a shortage of refining capacity have laid the foundations for an oil shortage crisis in the United States this…
Back in mid-February, Pioneer Natural Resources' Scott Sheffield told Bloomberg that "Whether it's $150 oil, $200 oil, or $100 oil, we're not going…
Similar to oil and gas prices, U.S. coal prices have hit multi-year highs as Russia's war in Ukraine and an economic rebound from the pandemic have upended international…
It has been nearly three months since Russia invaded Ukraine and, despite Ukraine’s remarkable resistance and the implementation of an aggressive sanctions package on Russia, there appears to…
The years between 1981 and 2020 were very special years for the world economy because interest rates were generally falling:
The fallout of China’s zero COVID policy is spreading as economic downturns and social unrest intensifies across the nation. The Chinese government’s head-scratcher of a decision to eradicate…
Buyers will have to pay more for oil or seek alternative supplies if the EU decides to impose import tariffs on Russia's oil, Kremlin Spokesman Dmitry Peskov said on Wednesday.…
The European Union’s plan to reduce imports of Russian oil, gas, and coal to zero by 2027 will cost it some $220 billion (210 billion euros), according to a draft…