Ocean circulation redistributes Earth’s energy and water masses and influences global climate. Under historical greenhouse warming, regional ocean currents show diverse tendencies, but whether there is an emerging trend of Continue Reading
Copper has spoken. Its voice is the loudest of the commodities, and it’s not optimistic for the global economy. The coronavirus–which had by the time of writing claimed 490 lives Continue Reading
Key oil producing countries led by Saudi Arabia and Russia appear set to implement 600,000 b/d of new production cuts for three months starting in March to counter the demand Continue Reading
Iran has not taken further steps to violate its 2015 nuclear deal with world powers since it renounced last month all restraints imposed by the agreement, the head of the Continue Reading
As the deadline for the U.S. to renew its waiver on Iraq importing gas and electricity from Iran approaches later this month, the three key players in this ongoing geopolitical Continue Reading
Hind Al Soulia – Riyadh – Iraq’s political turmoil and the prospect – albeit still remote – of future US sanctions have triggered a warning from one of the country’s Continue Reading
Economic losses resulting from the blockades of Libyan ports used by the National Oil Corporation of Libya ( NOC ) have surpassed $930 million , the NOC reports. In January Continue Reading
The US continues to weigh sanctions on Russian state oil company Rosneft as it continues to receive Venezuelan crude as debt repayment and sell it to China and India buyers, Continue Reading
The economic fortunes of Guyana, with a population of only around 800,000, are poised for a major transformation after its first-ever oil development commenced production just six weeks ago. Offshore Continue Reading
Venezuela’s oil exports fell 14% in January , exporting less than 1 million bpd of crude and refined products for the month, according to Reuters. The 951,903 bpd that was Continue Reading
