The implications of China hitting peak oil are enormous. If Chinese demand is reaching a plateau that would fulfil projections by the IEA of global oil demand peaking before 2030. The forecast ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
The European energy crisis is building under the ... Looking back to Equinor's production chart I cited earlier, we can see that while oil and liquids production declined by about 7% in 2024 ...
The commodities complex saw Gold run toward its all time highs, falling just short at the time of writing with a daily high ...
The “hopeful” case has several elements, including: The DOGE effort identifies a lot of wasteful programs and ways to improve ...
If there's a group even dumber, unfortunately, it would be foreign retail investors. And they're buying U.S. stocks like they're going out of fashion.
I mean, almost two to three times more powerful than what OPEC ... Iran oil embargo, and in January 2005, you have a blowout; the price of everything goes up. That puts the entire system under such a ...
This deal held well enough until the 1973/74 Oil Crisis when OPEC members plus Egypt, Syria and Tunisia, began an embargo on oil exports to the U.S., Great Britain, Japan, Canada and the Netherlands.
President Donald Trump called on OPEC states to slash oil prices as a way to get Russia to the negotiating table and bring an end to the war in Ukraine — but the move could backfire on the US ...
U.S. President Donald Trump’s renewed push to ramp up domestic oil production and pressure the Organization of the Petroleum Exporting Countries (OPEC) to lower prices overshadowed market sentiment.
ASHEVILLE, NC., Jan 24 (Reuters) - U.S. President Donald Trump on Friday reiterated his call for OPEC to cut oil prices to hurt oil-rich Russia's finances and help bring an end to the war in Ukraine.