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Oil Price Crash Undermines OPEC’s Optimistic Demand Forecast

OPEC has released its first demand estimates for next year, forecasting a slow down in demand growth from 3.36 million bpd in 2022...

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Sri Lanka Lawmakers To Pick New President But No Deal On PM

Sri Lanka’s leaders agreed that lawmakers will elect a new president next week but struggled Tuesday to decide on the makeup of a new...

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Oil Prices Rebound Following Morning Drop

Crude oil prices rallied in the afternoon after a rocky start to the trading day, with Brent crude finishing out the day at $106.57. Earlier...

Opinion

Is China Preparing To Emulate Russia’s Invasion Of Ukraine?

Russia’s invasion of Ukraine has transformed global geopolitical dynamics, and now there are signs that China might soon emulate Russian strategies. China is...

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Soaring Energy Exports Send Russia’s Account Surplus To Record High

Russia’s account surplus reached a new record for the second quarter, according to data released by the central bank cited by Bloomberg. The surplus, now...

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Putin Predicts Catastrophic Consequences For The Global Energy Market

Russian President Vladimir Putin sees catastrophic energy consequences for Europe as sanctions against his country continue. “We know that the Europeans are trying to replace...

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Goldman Sachs: Oil Prices Still Set To Hit $140

Oil prices may be dropping, but oil is still headed for $140 per barrel, Goldman Sachs told CNBC on Thursday, and could even hit...

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