Saudi Aramco has told at least five North Asian refiners that it will supply full crude oil volumes by contract in October. Saudi Arabia has committed to extending its 1 million barrels per day production cut until the end of the year. After announcing its production cut extension, Saudi Arabia then increased its official selling …
Former United States President Donald Trump said that cumulative inflation was at 20% since US President Joe Biden came into office, with the dollar losing 20% of its value over the same timeframe. The country is “probably heading into a Great Depression,” Trump told the crowd at a rally in Rapid City, South Dakota, where …
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OPEC+ is in a good position to keep oil at around $85 per barrel, according to a new report from Skandinaviska Enskilda Banken AB (SEB), which was sent to Rigzone earlier this week. “We expect OPEC+ to be in solid control of the global oil market over the next couple of years as U.S. shale …
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Alaska officials outraged after feds cancel Trump-era ANWR oil leases: ‘Pulling the rug out’ Alaska state officials criticized the Biden administration’s latest move to curb oil and gas drilling in the Arctic, following the cancelation of seven Trump-era leases in the Section 1002 area of the Arctic National Wildlife Refuge. The leases were purchased by …
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Major United States stock exchanges flopped further on Wednesday as worries over the Federal Reserve’s next monetary policy moves seemingly sparked fears among investors. Cleveland Federal Reserve Bank President Loretta Mester insisted that the costs of policy undershooting are still greater than those of overshooting. Moreover, US Federal Reserve Governor Christopher Waller mentioned that one …
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Legendary British investor Jeremy Grantham is predicting hard times ahead, as he lays out his case for doom and gloom to cast a shadow on the markets. In Grantham’s view, the pandemic stock gains were a bubble, and that bubble hasn’t fully popped yet. Putting some numbers to this view, Grantham believes that a further …
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Saudi Arabia and Russia decided on Tuesday to extend their voluntary oil cuts until the end of December 2023. According to SPA, Saudi Arabia’s state news agency, the country shared it will be continuing its cut of one million barrels per day from October to the end of December, with its production expected to remain …
Saudi Arabia and Russia have decided on Tuesday to extend their voluntary oil cuts until the end of December 2023. According to SPA, Saudi Arabia’s state news agency, the country shared it will be continuing its cut of one million barrels per day from October to the end of December, with its production expected to …
https://youtu.be/K1HpFGcNPR4 T4fwo teams of US scientists have completed lab experiments testing the antibodies from vaccinated and infected Americans to see how well they might be able to fend off currently circulating variants of the virus that causes Covid-19, including the highly mutated BA.2.86. Their results match up almost exactly, and the news – at least …
Continue reading “Lab tests on Covid-variant BA.2.86 less contagious less severe”