Category: Oil
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The New Geopolitics of Energy
In another arena, a faltering multilateralism—even on major matters transcending national boundaries—is holding back the work of the International Criminal Court. And yet the ICC has come far since it was founded by the Rome Statute, exercising its jurisdiction over the most serious of crimes taking place in Ukraine and in Gaza. This undoubtedly marks…
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China crude oil imports set for November rebound, but it’s price not demand: Russell
LAUNCESTON, Australia, Nov 21 (Reuters) – China’s crude imports are on track to rebound in November to the highest in three months, but the increasing appetite of the world’s largest oil importer is more about price than rising demand. Crude oil arrivals may reach around 11.4 million barrels per day (bpd) this month, the most…
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Eric Trump warns of UK revolt over Labour war on farmers and tells them ‘fight like hell’
Eric Trump speaks to GB News (Image: GBNews) Donald Trump’s second son Eric has delivered a firm warning to Keir Starmer and the Labour Party as he tells UK farmers to “fight like hell”. Speaking to GB News, Donald Trump’s third child warned Labour of a “revolt” over their “war on farmers” who he says…
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Some Opposition Expected to Trump’s Commitment to Prioritizing Fossil Fuels
The US will shift focus from the Biden administration’s energy transition to President-elect Trump’s goal of ensuring the country’s energy dominance.Gerasimov174/Getty Images/iStockphoto Soon the new Trump administration’s “drill, drill, drill” focus and a platform aimed at cutting “costly and burdensome regulations” will run head-on into President Biden’s efforts to push fossil fuels into the backseat…
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China’s Surging LNG Imports from USA Threatened by Next Trade War
by Bloomberg | Bloomberg News | Wednesday, November 20, 2024 | 9:00 AM EST The US has boosted sales of liquefied natural gas to China this year, although the surge may not last if the incoming Trump administration collides with Beijing over trade. China imported 63% more of the super-chilled fuel from the US in the…
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Here are Donald Trump’s key administration picks so far
President-elect Donald Trump is filling key posts in his second administration, and it’s shaping up much differently than his first. He’s prioritizing loyalists for top jobs. Trump was bruised and hampered by internal squabbles during his initial term in office. Now he appears focused on remaking the federal government in his own image. Some of his choices…
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Trump May Not Understand How Dangerous the World Is Now
U.S. President-elect Donald Trump’s looming return to office is causing sleepless nights in Europe. Diplomats expect Trump 2.0 will cause more headaches because the world is less stable today than it was in 2017. Chief among their fears is the growing partnership between Russia, China, Iran, and North Korea. “Trump is getting one global theater.…
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Paisie: Favorable Fundamentals Will Lift 4Q Crude Prices
Since the latter part of July, oil prices have bounced around from highs to lows approaching a difference nearing $20/bbl because of the competition between factors that are both positive and negative for oil prices. Concerns about China’s economy and the influence on the extent of oil demand growth has been a recurring theme for…
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In the Middle East, Trump can’t have his cake and eat it too
Opinion November 21, 2024 — 5.00am November 21, 2024 — 5.00am Israeli Prime Minister Benjamin Netanyahu has hit the jackpot with the election of Donald Trump. He could not hope for a more ardent supporter than the US president-elect to energise him and the extremists within his coalition to pursue their Gaza and Lebanon campaigns,…
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Has Turkey cut all ties with Israel?
In recent weeks Turkey has once again stepped up its vocal opposition to Israel’s wars on Gaza and Lebanon, which Turkish President Recep Tayyip Erdogan condemns as “genocide”. In the latest escalation, Turkey last week effectively stopped Israeli President Isaac Herzog from travelling to the COP29 climate summit in Baku, Azerbaijan, by denying his aircraft…