• 4 minute Hey Oil Bulls - How Long Till Increasing Oil Prices and Strengthening Dollar Start Killing Demand in Developing Countries?
  • 8 minutes Could oil demand collapse rapidly? Yup, sure could.
  • 15 minutes Oil and Trade War
  • 2 hours Could oil demand collapse rapidly? Yup, sure could.
  • 13 hours Are EVs Safer Than Combustion Engine Vehicles?
  • 9 hours What If Canada Had Wind and Not Oilsands?
  • 4 hours U.S. Withdraws From U.N. Human Rights Council
  • 2 hours Hey Oil Bulls - How Long Till Increasing Oil Prices and Strengthening Dollar Start Killing Demand in Developing Countries?
  • 3 hours Gazprom Exports to EU Hit Record
  • 2 hours EVs Could Help Coal Demand
  • 15 hours Sell out now or hold on?
  • 17 hours Nopec Sherman act legislation
  • 11 hours WE Solutions plans to print cars
  • 15 hours Migrants: Italy Wants EU Border Agency In Africa, Not At Sea
  • 11 hours Oil and Trade War
  • 4 hours Lloyd's of London excludes coal
  • 11 hours Australia mulls LNG import
  • 11 hours Russia, Saudi Push For Big Hike In Oil Output Despite Iran Opposition
  • 11 hours Oil prices going down
Alt Text

Russia Boosts Oil Production Before OPEC Meeting

Russia pumped almost 11.1 million…

Alt Text

Can Oil Pull Greece Out Of Poverty?

Greece’s withering economy could use…

Alt Text

Rig Count Falters Amid Oil Price Correction

The rig count slipped on…

Editorial Dept

Editorial Dept

More Info

Trending Discussions

Global Energy Advisory December 8th, 2017

Jerusalem

U.S. President Donald Trump has recognized Jerusalem as the capital of Israel and has instructed the State Department to begin relocating the U.S. Embassy to Israel from Tel Aviv to Jerusalem. President Trump’s announcement reversed decades of U.S. policy and drew dismay and criticism from both the Arab world and Western allies. The status of Jerusalem -- home to holy sites of the three major monotheistic religions – Judaism, Christianity, and Islam – has been one of the biggest obstacles to a peace agreement between Israel and the Palestinians. While Israeli Prime Minister Benjamin Netanyahu said that the “Jewish people and the Jewish state will be forever grateful,” Germany, the UK, and France said they did not support President Trump’s decision. Even Saudi Arabia, which Trump visited and has gone out of his way to praise and support, was very negative about his reversal of traditional U.S. policy on Jerusalem. Palestinian Authority President Mahmoud Abbas said that the decision marked the end of the U.S. role as mediator in the Israeli-Palestinian peace process. Hamas leader Ismail Haniyeh called for a new uprising – Intifada. Israeli-Palestinian clashes in the Gaza Strip followed President Trump’s announcement. It seems that Turkey was the loudest in criticizing the decision saying that the move will jeopardize U.S.-Turkey relations and could lead to Ankara cutting diplomatic ties with Israel. Russia saw a clear opportunity…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin

Trending Discussions





Oilprice - The No. 1 Source for Oil & Energy News