Iran has passed the 3.67% uranium enrichment cap set by its landmark 2015 nuclear deal and may enrich at even higher levels, the spokesman for Iran’s Atomic Energy Organisation, Behrouz Continue Reading
A second Turkish drillship, which is expected to begin drilling for oil and natural gas near Cyprus this week, arrived off the Mediterranean island’s northeastern coast on Monday, Refinitiv Eikon Continue Reading
Britain’s seizing of an Iranian oil tanker last week was a threatening act that will not be tolerated, Iran’s Defence Minister Amir Hatami said on Monday in a speech broadcast Continue Reading
The first half of the year is in the books. Following its best quarterly performance in nearly ten years in the first quarter, the S&P 500 returned 3.8 percent in Continue Reading
As the refugee exodus from once-wealthy Venezuela accelerates, concerns are mounting over the extent to which US economic sanctions are exacerbating the suffering of a population already beset by shortages Continue Reading
The possibility of Iran attempting to close the Strait of Hormuz to tanker traffic has increased significantly in recent weeks, as has the possibility of a Persian Gulf War, especially Continue Reading
SINGAPORE/BEIJING (Reuters) – China’s fuel producers are making extended curbs to their output in the third quarter after supply from mammoth new refineries stoked an already-sizeable glut, potentially dragging on Continue Reading
A form of cognitive dissonance seems to be taking over oil market watchers, a sort of a blind belief that US shale oil production is set to grow, and grow Continue Reading
U.S. oil production continues to grow, but the shale industry is in the midst of deceleration as low oil prices and a financial squeeze slow the pace of drilling. The Continue Reading
The economy was supposed to get a lift this year from higher government spending enacted in 2018, but so far much of that stimulus hasn’t shown up, puzzling economists. Federal Continue Reading
