Container ship traffic through the Suez Canal has decreased by 90% year-on-year in the first week of January, significantly disrupting global trade routes. 👏 (oilprice.com)
Fifth of Global Oil Trade Used Non-Dollar Currencies in 2023 (oilprice.com)
Russia Takes Control of Iraq’s Biggest Oil Discovery for 20 Years | OilPrice.com (oilprice.com)
Russia Takes Control of Iraq’s Biggest Oil Discovery for 20 Years | OilPrice.com (oilprice.com)
Russia Works On Design Of New Natural Gas Pipeline To China | OilPrice.com (oilprice.com)
Analysts doubt that Russia could boost volumes to China to such levels for at least another seven years, according to Russian daily Vedomosti....
Natural Gas Stands To Win As Offshore Wind Takes A Hit | OilPrice.com (oilprice.com)
In filings submitted to the New York state regulatory authority, other prominent offshore wind developers, such as Norway’s energy major Equinor and British oil major BP, have officially requested a staggering 54% increase in the price of electricity generated at three planned offshore wind farms....