Related:
Washington puts forward G7 plan to confiscate $300bn in Russian assets
Tag: Price-Caps
Sanctioning China Will Destroy The Dollar | America’s Ultimate Mistake
If the United States and its allies impose sanctions on China, this could be the greatest financial mistake in all of modern history. Unlike Russia, China is more resilient and has deeper ties across the global economy. Punishing China will likely backfire against the dollar and unleash a de-dollarization wave that could knock it off the reserve status. Here’s what you must know!
Sanctioning China Will Destroy The Dollar | America’s Ultimate Mistake via Sean Foo
Related:
One Year After Russia Mega Sanctions, Senate Asks ‘Can We Do Same To China”
John Bolton shares stance on talks with Russia in prank call
Oil Prices Jump After Russia Says It May Cut Production
After two weeks of silence in detailing how it would react to the G7 oil price cap, overnight the Kremlin raised the stakes for the west when state-run Tass news service quoted Deputy Prime Minister Alexander Novak as saying that Russia may reduce output by 500,000 to 700,000 barrels a day in response to the cap.
Oil Prices Jump After Russia Says It May Cut Production
No Evidence that Russia is Behind Nord Stream Sabotage Attack
I omitted the word “conclusive” that was included in the Washington Post headline. Why? Because it’s weasel wording included to cast doubt. You see if there is no “conclusive” evidence than you have to consider their may be circumstantial evidence. Which is a red herring. – The red herring fallacy specifically involves using that irrelevant claim to redirect the discussion and avoid discussion/debate about the original topic.
No Evidence that Russia is Behind Nord Stream Sabotage Attack
Related:
Russia Balks At “Stupid” Oil Price Cap, Mulls Production Cut
Crude oil prices rose by roughly a percent on Friday morning on news that Russia was considering a production cut.
Brent crude oil prices rose by 0.85% on Friday morning to $76.80 at 10:20 a.m. ET, after Russian President Vladimir Putin succinctly referred to the West’s price cap as “stupid”, threatening to cut oil production in retaliation.
Russia Balks At “Stupid” Oil Price Cap, Mulls Production Cut
The Era Of Cheap Oil Has Come To An End
In its latest monthly report, OPEC revealed it had yet again failed to produce as much oil as it agreed to produce the last time it discussed output. And it wasn’t by a few thousand barrels per day, either. The shortfall was some 1.8 million barrels daily, but more importantly, that sort of undershooting of its own target has become a regular thing for the cartel. Meanwhile, the United States federal government needs to buy some oil for its strategic petroleum reserve after releasing close to 200 million barrels from it this year as a way of countering fuel price inflation. Yet U.S. drillers are not in a rush to boost production. On the contrary, it seems production growth has lost its place among these companies’ top priorities.
The Era Of Cheap Oil Has Come To An End
Previously:
China’s Reported Pause Of Russian Oil Imports Ahead Of The West’s Price Cap Is Revealing 🤨
Bloomberg reported on Tuesday that some Chinese buyers have allegedly paused their import of Russian oil ahead of the West’s looming price cap on that resource, which if true would be very revealing in the context of that country exploring the parameters of a New Détente with the US. According to them, those buyers supposedly want to see if they can get better deals from Moscow after the price cap enters into effect, thus signaling opportunistic and not necessarily unfriendly intentions.
China’s Reported Pause Of Russian Oil Imports Ahead Of The West’s Price Cap Is Revealing
Washington’s Oil Supply Spat With Saudi Arabia Could Backfire
Three weeks ago, President Joe Biden threatened Saudi Arabia with “consequences” after the kingdom that is the de facto leader of OPEC supported a decision to reduce oil production by about 1 million barrels.
Washington’s Oil Supply Spat With Saudi Arabia Could Backfire
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.
Ms. Cat’s Chronicles 
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