Showing posts with label OPEC. Show all posts
Showing posts with label OPEC. Show all posts
Tuesday, April 28, 2026

My heart's . . . on fire . . . for Fu-jai-rah

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  United Arab Emirates leaving OPEC, effective May 1  
Wednesday, September 13, 2023

Overall inflation reversed course and ticked higher in August 2023 on a monthly jump in overall energy prices

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 Overall inflation jumped up to 3.7% year-over-year and 0.6% month-over-month on a 5.6% jump in overall energy inflation month-over-month in...
Saturday, July 22, 2023

LOL US Energy Secretary Jennifer Granholm: Our planet is on fire, but OPEC needs to produce more crude oil

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  “There is a lot of emotion in these markets and so we have deep concern about trajectories of where things are headed,” the energy secre...
Monday, June 26, 2023

OPEC expects global oil demand to rise to 110 million barrels per day by 2045

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 Reported here . 2022 global production averaged 80.6 million barrels per day on one accounting. OPEC must think the 2022 figure closer to ...
Friday, October 7, 2022

Joe Biden's nuclear war comments are completely irresponsible, but so is just about everything that comes out of his pie hole

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 He's making matters worse, not better. He's attributing statements to Putin which Putin did not make, which is the default practice...
Monday, March 9, 2020

Monday situation summary 3/9/20

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The CDC basically urged people 60 and over to become hermits at home to avoid infection with SARS-CoV-2. High blood pressure appears to be ...
Friday, June 22, 2018

Trump asks for more oil, OPEC delivers

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Story here . A favor to save the Republicans' November election bacon.
Tuesday, June 5, 2018

Trump request for 1 million barrel per day oil production boost from Saudis and others debated in Kuwait over the weekend

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What's this? Trump has to ask the Arabs to do what American producers cannot? The story is here .
Sunday, January 25, 2015

Analyst says oil price plummet primarily driven by OPEC abandoning swing producer role

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Dirk Leach, who also credits the rising dollar but not to the extent others have, here : "Now that OPEC has abdicated their role ...
Wednesday, December 31, 2014

The global oil war just got even more interesting: Dept. of Commerce relaxes export ban

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With a tip o' the hat to Andrew Critchlow at the UK Telegraph, Reuters reported just a couple of hours ago that the US Dept. of Comme...
Tuesday, December 30, 2014

IEA revises down 2015 oil demand growth by 20%, a third of British oilers in big trouble, mostly smaller

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Andrew Critchlow reported Dec. 12th  here : The International Energy Agency (IEA) said on Friday that world demand for oil will grow b...