Category: Oil
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Exclusive: Sinochem may keep bankrupt refineries as auctions draw scant interest, sources say
Sinochem may keep three refineries in China’s Shandong province Plants put up for auction after court declared them bankrupt Plants have combined capacity of 380,000 bpd SINGAPORE, Nov 20 (Reuters) – Sinochem Group may keep three bankrupt oil refineries located in eastern China after auctions to sell them drew little interest from other companies, sources…
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WTI Settles Above $69 Despite Market Volatility
by Bloomberg | Mia Gindis and Maggie Eastland | Tuesday, November 19, 2024 | 4:45 PM EST Oil edged higher after swinging between gains and losses as Russia’s war against Ukraine escalated while Iran agreed to stop producing uranium enriched close to the level at which it can be used in nuclear weapons. West Texas Intermediate…
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WTI Settles Above $69 Despite Market Volatility
by Bloomberg | Mia Gindis and Maggie Eastland | Tuesday, November 19, 2024 | 4:45 PM EST Oil edged higher after swinging between gains and losses as Russia’s war against Ukraine escalated while Iran agreed to stop producing uranium enriched close to the level at which it can be used in nuclear weapons. West Texas Intermediate…
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President-elect Donald Trump is poised to pick up where he left off – opinion
A strong US-Israel relationship benefits not only the Middle East but the world, and that will come when our enemies know messing with us is not worth the trouble. By JUDAH WAXELBAUM NOVEMBER 20, 2024 04:06 Updated: NOVEMBER 20, 2024 04:55 THEN-US PRESIDENT Donald Trump hosts Prime Minister Benjamin Netanyahu, as well as the foreign…
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Balancing on the Brink: Saudi Arabia’s Delicate Policy
Iran’s April 1 missile attack on Israel sparked a wave of unrest and added tension to the turbulent Middle East. Today, the region is closer to a full-scale war than at any point in the post-October 7 period. Warnings from Israeli officials of imminent retaliation and threats to Iran’s nuclear and oil facilities have made…
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Inside Trump’s Cabinet: Appointments And Front-Runners
President-elect Donald Trump has made a flurry of picks for his cabinet and other high-ranking administration positions following his election victory. Here are the early picks and top contenders for some of the key posts overseeing defense, intelligence, health, diplomacy, trade, immigration and economic policymaking. MARCO RUBIO, secretary of state Trump tapped US Senator Marco…
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Poly-crisis or poly-peace?
Leaders have the power to shape humanity’s global future. We are today confronted with a fracturing world. Humanity has enjoyed relative peace since World War II, but there is a sense now that we have entered a perilous time of upheaval. Some have begun to describe this moment in history as a poly-crisis – one…
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Middle East in the New Trump Era: Russia’s Foreign Policy Dilemmas
The spectacular comeback of Donald Trump to the White House will undoubtedly have a profound impact on the US overall international positioning, as well as on specific dimensions of the US approaches to various regions of the world. Of course, the US foreign policy has a bipartisan nature, it is devised and managed not only…
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Rigzone Looks at What Trump Win Means for Middle East Conflict, Oil Price
Could the U.S. election outcome affect the Middle East conflict? If so, how, and what would this mean for oil prices? These were the questions Rigzone posed to Ryan Bohl, Senior Middle East and North Africa Analyst at RANE, which describes itself as a global risk intelligence company. “The U.S. election will definitely have an…
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US panel urges Congress to delve into China’s indirect imports of Iranian oil as Trump returns
The US Congress should investigate China’s purchases of Iranian oil in the past five years, a top US advisory panel on China has urged, with Tehran looming as a larger issue in the next Trump presidency. In an annual report covering nearly every aspect of the bilateral relationship, the US-China Economic and Security Review Commission…