Millions of consumers and industries could stand to win after the world’s biggest natural gas exporter agreed to match prices in central and eastern Europe with markets in the west. As part…
Tag: trump
Oil Drop Below $80 Vindicates Cautious Investors Trimming Bets
Hedge funds cut Brent wagers by most since June 2017 Saudi Arabia signals OPEC and allies may boost production Money managers’ reluctance to get behind the oil rally is finally paying off….
Saudi Arabia and Russia Discuss Scaling Back Global Oil Cuts
Easing output curbs “on the table”; no decision yet: Al-Falih OPEC, allies to discuss loosening supply caps in June: Novak Saudi Arabia and Russia, the oil producers who led the effort to…
Under Pressure From Trump, Saudis Put Brakes on Oil’s Rally
Riyadh supports a gradual increase in oil output over summer Middle East oil producers worried about U.S. anti-trust laws The world’s largest oil exporter just made quite a policy swerve. Within six…
Looks like OPEC is at it again.
Looks like OPEC is at it again. With record amounts of Oil all over the place, including the fully loaded ships at sea, Oil prices are artificially Very High! No good and…
A Trump Darling, Gas Exports, Set to Gain as Iran Deal Dies
Another darling of the Trump administration is poised to gain from the Iran deal breakup as oil surges: Natural gas exports. With the move to curb Iran’s oil output encouraging more shale…