Tag: oil

The return of price increases at stations. “Reversal of Direction”

The return of price increases at stations. “Reversal of Direction”

The rise in crude oil prices could result in a return to price increases at gas stations – according to market commentary from BM Reflex analysts. “A reversal in the direction of price changes in the domestic wholesale market mid-week due to the increase in crude oil prices could result in a return of price […]

Iran seized an “American oil tanker”. Tension rises in the Middle East

Iran seized an “American oil tanker”. Tension rises in the Middle East

Iran announced the capture of an “American oil tanker” in the Gulf of Oman, hours after the British Navy reported a ship had been seized by “unauthorised armed persons”. “The Navy of the Islamic Republic of Iran announced the seizure of an American oil tanker in the waters of the Oman Sea by court order,” […]

Thus, one of the poorest countries in the world becomes an oil exporter (thanks to China)

Thus, one of the poorest countries in the world becomes an oil exporter (thanks to China)

Thanks to the valuable contributions of the People’s Republic of China, Africa’s longest oil pipeline was created. We are talking about Niger, which aims to become an oil exporter soon. During the summer, Niger witnessed a coup that broke out of the orbit of French and Western influence. However, the one that did not leave […]

Why did Putin fly to Arabia?

Why did Putin fly to Arabia?

Accompanied by four Sukhoi Su-35 fighter jets and welcomed with great fanfare, the Russian President arrived in Abu Dhabi, the first stop of the mini tour that lasted less than 24 hours, including Saudi Arabia. This trip surprised many, considering that the Kremlin leader had only left his homeland for the former Soviet republics since […]

How did Russia save its oil exports from US and European sanctions?

How did Russia save its oil exports from US and European sanctions?

The EU’s economic sanctions against Russia have essentially failed. Not so much, and not just because they are weak in themselves, but because their execution is weak. In fact, in the almost complete absence of an effective control system, those who violate the rules are not punished. This was revealed by a study by Crea […]

There have never been so many oilmen at a climate conference

There have never been so many oilmen at a climate conference

At least 2,456 oil and gas lobbyists are attending the climate conference. Record. COP28, which takes place in Dubai until 12 December, sees an unprecedented presence at key climate talks from representatives of some of the world’s biggest polluters. Facing a record year for temperatures, extreme climate events and rising greenhouse gas emissions, lobbyists for […]

Venezuela wants to redraw South America’s borders (for oil)

Venezuela wants to redraw South America’s borders (for oil)

Venezuelans voted to integrate the Esequibo region, currently controlled by Guyana, into their country. The referendum supported by President Nicolas Maduro on Sunday ended with a plebiscite as expected: 95% of those who went to the polls voted in favor of five questions. “We have taken the first steps of a new historical phase in […]

New war risks breaking out and creating dangerous escalation

New war risks breaking out and creating dangerous escalation

The winds of war around the world continue to blow, this time in South America. There are fears that Nicolás Maduro’s Venezuela may invade Guyana to resolve by force a territorial dispute over the oil-rich Esequibo region, which Caracas claims as its own. Concerned about possible conflict, neighboring Brazil “intensified defensive actions” along its northern […]

What are the “sultan” of oil and the Pope doing at the climate conference?

What are the “sultan” of oil and the Pope doing at the climate conference?

Over the years, the United Nations Climate Conference has become the “Place to Be” on the global political calendar due to increasing issues surrounding climate change. Approximately 70 thousand people, including diplomats, company executives, heads of government and activists, are expected to be at Expo City. But there will be some notable absences: US President […]

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