Instead of subtly courting China, Saudi Arabia, and Turkey, the administration and its congressional allies have petulantly demanded their compliance with U.S. wishes.
Washington Keeps Alienating Its Policy Partners
Tag: OPEC
The EU’s Embargo On Russian Oil Will Be A Boon For OPEC
The EU’s Embargo On Russian Oil Will Be A Boon For OPEC
- The current oil market climate is complex, to say the least.
- Europe is preparing to enact its embargo on Russian oil and refiners are scrambling for alternatives.
- Many searching for new sources of crude have landed on Middle Eastern producers as a potential alternative.
Alleged Iran-Linked Telegram Post Simulates Attack On Saudi Oil
An article published on the blog of international Arabic news television channel Al Arabiya on Thursday claims that an Iran state-linked Telegram channel has posted a video purportedly showing a simulated attack on Saudi Arabia.
Alleged Iran-Linked Telegram Post Simulates Attack On Saudi Oil
Are they over-exaggerating because Democrats have threatened to stop arming their genocidal war in Yemen?! 🧐💭
Eni CEO: Europe Will Have To Rely On U.S. Oil To Replace Russian Supply
Europe is set to increase its reliance on oil imports from the United States after the EU embargo on Russian seaborne crude imports enters into force in early December, Claudio Descalzi, chief executive of Italy’s energy group Eni, told Bloomberg in an interview on Monday.
Eni CEO: Europe Will Have To Rely On U.S. Oil To Replace Russian Supply
US Set to Delay Russian Oil Price Cap Announcement Until After Midterms, Reports Suggest
The Biden administration intends to delay setting a price cap on Russian oil until after the November 8 midterms amid concerns that the fallout could weigh on Democrats’ standing in the upcoming vote, American media reported on Friday, citing sources.
Contingency planning, negotiations on price both within the administration and with allies, as well as the OPEC+ production cut have also contributed to the delay, the report said.
US Set to Delay Russian Oil Price Cap Announcement Until After Midterms, Reports Suggest
U.S. Officials Had a Secret Oil Deal With the Saudis. Or So They Thought.
After Saudi leaders pushed to slash oil production despite a visit by President Biden, administration officials have been left fuming that they were duped.
…
“I keep listening to, ‘Are you with us or against us?’ Is there any room for, ‘We are for Saudi Arabia and the people of Saudi Arabia’?” he said. “We will have to deliver our ambitions.”
U.S. Officials Had a Secret Oil Deal With the Saudis. Or So They Thought.
U.S. Accelerates Three-Tier Plan To Reduce Oil Prices
U.S. President Biden has three key strategies in place to lower oil prices.
– The first and foremost strategy is the implementation of the NOPEC bill.
– The second pillar of the plan is to release more crude from the U.S. SPR.
– The third element of the plan to bring oil prices down is to be a concerted effort to encourage U.S. oil firms, shale or otherwise, to increase their production.
U.S. Accelerates Three-Tier Plan To Reduce Oil Prices
Venezuela’s Oil Output Stutters as ‘Irrational’ US Sanctions ‘Imbalance’ Global Market
Venezuela’s Oil Output Stutters as ‘Irrational’ US Sanctions ‘Imbalance’ Global Market
However, in a recent address to the press, the US president clarified that resuming oil exports from Venezuela was only one of several options. “There’s a lot of alternatives. We haven’t made up our mind yet,” he told reporters after calling the OPEC+ decision a “disappointment.” Washington has demanded that the Maduro government re-engages in talks with the opposition as a precondition for any changes to its sanctions policy.
Related:
US Plans To Ease Venezuela Sanctions To Let Chevron Pump Oil There Again—Reports
Biden Is Running U.S. Energy Security Into The Ground
The White House divulged late on Tuesday its plan to release 15 million barrels of crude oil from the strategic petroleum reserve to be delivered in December, as the last tranche of the emergency 180 million barrel release that the Biden Administration announced in March.
Biden Is Running U.S. Energy Security Into The Ground
Related:
Biden Manipulates Oil Price To Buy More Votes
Since its inauguration the Biden administration has sold more than 220 million barrels from the 650+ reserve. Refilling it at $70/bl, nearly $50 per barrel more than Trump was going to pay, will be quite costly.
Neo-liberal Macron government in France pushes 2023 budget without parliamentary vote + French Labor Unrest Illustrates Worsening Economic Crisis Within the EU
The austerity-ridden budget was approved without a vote on after the government involved a controversial provision of the constitution. Earlier, left-wing MPs had passed several amendments to the government’s proposals
Neo-liberal Macron government in France pushes 2023 budget without parliamentary vote
Related:
French Labor Unrest Illustrates Worsening Economic Crisis Within the EU
Ms. Cat’s Chronicles 
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