Western countries are running out of ideas for bringing about economic pain to Russia; so far, nothing has worked, as most of the world does…
Geopolitics
Putin said Russia can redirect energy exports away from West
“When it comes to Russian oil, gas and coal, we will be able to increase their consumption on the domestic market and stimulate the deep…
Russia Coal and Oil Paid for in Yuan Starts Heading to China
Several Chinese firms used local currency to buy Russian coal in March, and the first cargoes will arrive this month, Chinese consultancy Fenwei Energy Information…
UK won’t get Russian gas
British energy major Shell will not be able to buy Russian gas due to London’s anti-Russia sanctions, Dmitry Peskov, the press secretary of Russian President…
Experts Warn of $185 Crude Oil
Last month crude oil breached the $100 per barrel mark. West Texas Intermediate has continued to run higher, approaching $120 on Thursday before pulling back…
Germany Doesn’t want to weaponize oil and Gas, yet.
Europe is currently debating banning all Russian Oil. Yet Germany has been against weaponizing Oil. This is because Europe depends on Russia for much of…
IRAN oil in play
Now that oil is approaching record levels, in a blink of an eye, the West may no longer consider Iran a Terrorist State.
High prices will prompt OPEC+ to step up its production
High prices will prompt OPEC+ to step up its production by 500 kb/d, while at the same time withdrawing Saudi Arabia’s additional production cut.” –Eugen…
Serbia will not be blackmailed by anyone into buying more expensive gas
Serbia opens pipeline for Russian gas, ignores US Business and Geopolitical opposition. Although when he was in Washington, Vucic signed a pledge to reduce Serbia’s…
American Oil Politicians say “No Russian oil For Germany”. They need to buy American oil!
Moscow argues that America is trying to lasso the European energy market for its own corporate giants.
Why The U.S wants to block the German Nord Stream 2 Pipeline?
Trump administration wants to sanction the German port of Sassnitz and EU Companies that are working with Nord Stream 2, the German & Russian gas…
U.S. To Withdraw American Patriot Missiles From Saudi Arabia
U.S. To Withdraw Patriot Missiles From Saudi Arabia and is considering reductions to other military capabilities. “Saudi Arabia is a very wealthy country and they’ve…
Russia’s Putin: US must join in the reduction pact for any new deal
Vladimir Putin said a cut to Crude oil production of about 10m barrels a day is possible, but only if all major oil-producing countries follow….
Oil Sector Companies with high debt could see bankruptcies soon
Eric Hess, Newfleet Asset Management portfolio manager, joins ‘Fast Money Halftime Report’ to discuss the state of the market amid the oil war. Oil Wars:…