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Oil Prices Extend Gains As Market Tightens

Oil Prices Extend Gains As Market Tightens

Oil prices rose in early…

India And U.S. Strengthen Energy Ties

India And U.S. Strengthen Energy Ties

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Unrest Within Russia Is Ramping Up

Politics, Geopolitics & Conflict

Some 700,000 men have fled Russia since the announcement of a partial mobilization on Sept 21st. Demonstrations have been taking place across the country, and mobilization centers have been attacked, including a shooting this week in which gunmen killed 11 at a military training ground in the Belgorod region. All of this continues to highlight the questions arising about Putin’s rule at home, and particularly as untrained recruits start to come home in body bags only days after being sent to Ukraine.

China’s 20th party congress saw Xi, who has been granted an unprecedented third term as China’s leader, note how China’s international power and influence have risen exponentially. He warned the congress of “worst-case scenarios” going forward and “dangerous storms”. The most immediate takeaway for oil markets was Xi’s clear adherence to a continuation of Beijing’s “zero-COVID” policy, which means more potential demand destruction ahead.

After Putin suggested that Turkey could become a “gas hub’ last week, Erdogan made the agreement official this week, with both determining that Turkey would be the “most reliable route” for gas deliveries to Europe. Again, this is meant to bypass Ukraine and comes as Europe is attempting to reduce its Russian gas usage. At the same time, Erdogan continues to successfully insert himself into the…

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  • MOSTAFA FOUAD on October 27 2022 said:
    Keep dreaming :D
    pray that western economy will survive first:)

    Just peak a look into american corporation earning and you will know how stronger dollar is destroying american economy. So better watchout the unrest in france and germany and UK with rising of unemployment. Publishing something to have some money from behind, like promotion, will not help you at all because of the same earning, Youtube revenue is massively down, Meta lost 53% of their earning since last year! ...

    So good luck and take out more from your credentials!
  • by passer on October 27 2022 said:
    I didn't know CCP leader's last name was Li..

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