Category: petroleum
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Trump’s pick of Marco Rubio could harden oil sanctions on Iran, Venezuela
Marco Rubio has long pushed for a tougher U.S. policy on Iran and China [Getty] President-elect Donald Trump’s pick of U.S. Senator Marco Rubio for secretary of state could signal stricter enforcement of oil sanctions on Iran and Venezuela, but concerns about retaliation by China could temper any efforts, analysts said on Wednesday. Rubio, a…
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Trump names Florida Sen. Marco Rubio secretary of state
United States 2024 US Elections Rubio, 53, is a noted hawk on China, Cuba and Iran, and was a finalist to be Trump’s running mate on the Republican ticket last summer. Rubio is the vice chairman of the Senate Intelligence Committee and a member of the Senate Foreign Relations Committee. President-elect Donald Trump is starting…
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Trump pick Rubio could harden oil sanctions on Iran, Venezuela
Item 1 of 2 U.S. Senator Republican Marco Rubio gives a speech at the Conservative Political Action Conference (CPAC) in Orlando, Florida, U.S. February 25, 2022. REUTERS/Octavio Jones/File Photo [1/2]U.S. Senator Republican Marco Rubio gives a speech at the Conservative Political Action Conference (CPAC) in Orlando, Florida, U.S. February 25, 2022. REUTERS/Octavio Jones/File Photo Purchase…
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Oil bounces back on short-covering after Opec’s gloomy demand forecast
Prices hit 2-wk low on Tuesday after Opec’s lower demand forecast Published: Wed 13 Nov 2024, 10:43 PM Oil rebounded on Wednesday on short-covering after prices fell near a two-week low in the prior session on Opec’s demand forecast cut, while the dollar hit a seven-month high, capping crude’s gains. Brent crude futures were up…
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Trump’s next move on the election’s biggest loser
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Egypt Opens Up Giant Gas Field For Bidding And Links Arrears Payments To Product
Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Nov 13, 2024, 5:00 PM CST Egypt has opened the Satis gas field for bidding. Egypt’s strategic position, with operational…
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Oil prices hold near two-week low on gloomy demand outlook
Oil prices held near their lowest in two weeks on Wednesday, a day after OPEC downgraded its forecast for global oil demand growth in 2024 and 2025 and amid demand concerns in China. Brent futures were up 49 cents, or 0.68 per cent, to $72.38 a barrel at 1040 GMT, while U.S. West Texas Intermediate…
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Musk, Huckabee, Noem: Who has Trump picked for his second term?
United States President-elect Donald Trump has wasted little time in choosing officials to take up key roles in his incoming administration. Just days after his resounding election victory on November 5, Trump has named a handful of advisers and political allies to serve in various posts, including White House chief of staff. Trump’s early appointments…
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Oil trims losses on tight near-term supply
The chimneys of the Total Grandpuits oil refinery are seen just after sunset, southeast of Paris, France, March 1, 2021. REUTERS/Christian Hartmann/File Photo Purchase Licensing Rights, opens new tab Brent, WTI up about 0.2% Tightness in physical market offsets demand outlook – ANZ To come: API weekly U.S. stockpile report at 2130 GMT SINGAPORE, Nov…
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FACTBOX: Global shadow tanker fleet moves growing volumes of sanctioned oil
For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. Subscribe Now FACTBOX: Global shadow tanker fleet moves growing volumes of sanctioned oil Highlights Hidden shipping network makes up 17% of global oil tanker fleet Sanctioned states partner with opaque firms to keep oil sales China, India take more oil…
