Oil Wars Approaching The Over Leveraged American Oil Co’s
State oil giant Saudi Aramco has set its Arab light crude oil to Asia for April at a discount of $3.10 to the Oman/Dubai average,...
Category: Geopolitics
U.S.-Iranian Tensions Keep Oil Prices going Up
Crude Oil Price News: Brent crude futures jumped nearly $3 to hit a high of $69.16 a barrel, the highest since September 17. The Brent...
Securing the Syrian oil fields is top priority of America in Syria
It was always about the oil? The Pentagon emphasized Monday that U.S. troops will secure oil fields in northeast Syria in the wake of ISIS...
U.S Dollar Wars – Rosneft Oil Asks Traders to Pay in Euros for Crude
Russia’s oil giant Rosneft tendered a sell of a cargo of crude, asking would-be buyers to pay in euros for the consignment, just weeks after...
Half of Saudi Arabia’s oil industry got taken offline by 1 drone
Yemen’s Houthi group said it attacked two plants at the heart of Saudi Arabia’s oil industry on Saturday, Taking out more than half the Dictatorships...
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...
China Holds the cards on Oil Prices
Should China decide to defy the latest U.S. tariff threat by ramping up imports of Iranian crude oil in open defiance to the U.S. sanctions...
Mexico’s Crude Oil Problem
Mexico’s economy has a high dependence on hydrocarbons. 89% of the country’s energy production is made from fossil fuels. It’s a large producer of oil,...
Moscow and problems over contaminated Russian oil.
Russia is taking a hit to its oil exports into Europe and the U.S oil is winning. Russia has long said that the sanction on...
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...
China’s creation of the gold-backed petro-yuan
It is now been months since China launched its oil futures contract, denominated in yuan. What are the benefits of trading with the Yuan? As...
Washington: Nord Stream 2 sanctions on the way
Washington is getting ready for another sanctions package that if put in place would put major restrictions on companies involved in Russia’s $10.5-billion Nord Stream...