World’s Top Oil Trader Is Now A Used Car Salesman
Vitol Group, the world’s largest independent oil-trading firm, has been startled by the prospects of peak oil demand as it…
Get Ready For World Money
Since Federal Reserve resources were barely able to prevent a complete collapse in 2008, it should be expected that an…
No Financing And No Demand: Chinese Refiners Run Into Trouble
International banks are suspending credit lines for some independent oil refiners worried about the growing risk of defaults across industries…
“Tankers, Tankers. Everywhere!” – Virus Causes Historic’ Traffic Jam’ Across Asian Supply Lines
Covid-19’s effect on global energy markets has been disastrous. OPEC slashed its oil demand forecast last week, and Goldman Sachs doubled down…
Oil Prices Jump as the US, Iran Trade Blows
Experts believe that the market will self-correct as it did on multiple occasions in 2019 despite Mideast tensions US President…