China has begun imposing new tariffs to crude oil from the U.S. In the continued escalation to Trump’s trade war, China also filed a complaint…
Tag: Trade War
Can Trump Order Companies to Move out of China?
President Trump is using the International Emergency Economic Powers Act (IEEPA), Title II of Pub.L. 95–223, 91 Stat. 1626, enacted October 28, 1977 to force…
Crude Oil as the new weapon in the U.S and China trade war?
As the U.S.-China trade war continues to escalate, Beijing and its energy giants appear to be bracing for a worst-case scenario where the spat would…
Mexico kicks off $7.7 billion refinery construction amid trade tariffs from the U.S
Mexico is kicking off the construction of its $7.7 billion (150 billion peso) oil refinery amid a call by President Andres Manuel Lopez Obrador for…
Trade War Logs – Chinese Oil Buyers Shun US Crude
Chinese oil traders and refiners no longer want to sign long-term supply agreements with U.S. producers, said the chief executive of Enterprise Products Partners as…
Do The United States embargoes and sanctions lead to War?
Let’s look at history, as most times it is repeated. In the four years leading up to Pearl Harbor, the US implemented restrictive trade measures…
Hedge funds reduce net-bullish bets on Brent crude oil
on the bright side, Russian Energy Minister Alexander Novak said his nation’s alliance with OPEC, whose historic joint output cuts have helped support oil above…