Japan, India working on oil-stock release after U.S. request – sources

Japan, India working on oil-stock release after U.S. request – sources

India is working on ways to release crude oil from its strategic storages in tandem with other major economies to dampen prices, a top government official said on Monday. The US had last week made the unusual request to some of the world’s largest oil-consuming nations, including China, India and Japan, to consider releasing crude …

Delay to Russian Nord Stream-2 gas pipeline may not be long

Delay to Russian Nord Stream-2 gas pipeline may not be long

The suspension of the approval process for the Russian Nord Stream 2 pipeline by a German regulator could be short-lived as Europe is hungry for more gas, an analyst said on Monday after meeting officials of Russian state gas giant Gazprom. MOSCOW, Nov 22 (Reuters) – The suspension of the approval process for the Russian …

OPEC+ may adjust plans if nations oil reserves are released

OPEC+ may adjust plans if nations oil reserves are released

(Bloomberg) — The OPEC+ group of oil producers may adjust its plans to raise production next month if consuming countries go through with a coordinated release of strategic petroleum reserves, according to delegates. India became the latest major consumer to contemplate deploying its stockpiles,  government officials said Monday, potentially assisting the U.S., Japan and even …

Biden picks Powell for second term as Fed chair

Biden picks Powell for second term as Fed chair

President Biden on Monday nominated Federal Reserve Chair Jerome Powell, a Republican, for a second four-year term, opting to stick with the powerful head of the central bank who helped lift the U.S. economy out of the COVID-19 recession and who enjoys strong bipartisan support. Biden also nominated Fed Governor Lael Brainard as vice-chair of …

Spahn: Germans to be vaccinated, cured or dead by end of winter… European Commission appeals for calm…….Austria enters full lockdown….. Czechs, Slovaks target unvaccinated people in step behind Austria….. Protests erupt across Europe against new lockdown rules and mandatory vaccines….. Dutch anti-Covid unrest ‘pure violence’ by ‘idiots’: PM Mark Rutte…..

Spahn: Germans to be vaccinated, cured or dead by end of winter… European Commission appeals for calm…….Austria enters full lockdown….. Czechs, Slovaks target unvaccinated people in step behind Austria….. Protests erupt across Europe against new lockdown rules and mandatory vaccines….. Dutch anti-Covid unrest ‘pure violence’ by ‘idiots’: PM Mark Rutte…..

Rage across Europe as Covid restrictions trigger riots Booster vaccines could be rolled out to all adults, says Sajid Javid Alan Cochrane: Scotland must look to England to escape Covid ghost ​Covid passports failed to persuade Scots to get vaccinated: Sturgeon’s adviser Comment: It’s a danger to the world that the precise origins of Covid remain a mystery Germany’s …

France: Daily virus cases rise 56% Week over Week…. Germany’s COVID-19 incidence jumps to 372.7 to 19,749

France: Daily virus cases rise 56% Week over Week…. Germany’s COVID-19 incidence jumps to 372.7 to 19,749

The number of coronavirus cases in France rose by 19,749 in the last 24 hours, marking a 56% jump compared to the prior week’s figure, according to the data published on Sunday by the country’s health authorities. During the same period, there were 15 additional deaths attributed to the virus. France’s President Emmanuel Macron previously …

Biden’s spending bill is a ‘disaster’ and ‘dishonest’

Biden’s spending bill is a ‘disaster’ and ‘dishonest’

The Democrats’ proposed $3.5 trillion reconciliation bill is the Left’s ultimate wish-list compiled into one massive tax, borrow, and spend bill. If passed, this bill will raise your taxes, skyrocket inflation, add well over a trillion dollars to the national debt, and be the largest expansion of the welfare state since LBJ. President Biden dubs …

WHO: Europe could see 500,000 deaths by March

WHO: Europe could see 500,000 deaths by March

(CNN)Europe is facing a potentially devastating winter that could see half a million people die with Covid-19, the World Health Organization (WHO) warned on Thursday, as it sounded the alarm over a surge in cases and bemoaned stuttering vaccination rollouts on parts of the continent. Much of Europe is battling spikes in infections, with Germany …

Japan PM confirms oil reserves may be released to curb prices

Japan PM confirms oil reserves may be released to curb prices

TOKYO, Nov 20 (Reuters) – Japan is considering releasing oil from its reserves for the first time to curb surging oil prices, Kyodo news agency reported on Saturday, as Prime Minister Fumio Kishida signalled his readiness to counter oil price hikes following a request from the United States. However, Japan may struggle to justify such …