If US oil production continues to decline as in the last quarter, Washington may have to say goodbye to energy independence
On August 7, both Brent and WTI fell to their lowest monthly level as a result of the intensifying trade war between the United States and China. Today the situation is suddenly changing
China is the main energy consumers of our planet, with 23.6% of total energy consumption. And now consumption has increased by 3.5%, the largest increase since 1984
During the last meeting it was agreed that production cuts should be prolonged. However, from a political point of view, the most important thing is the institution of the new Organization
Each member state should have the aim of creating an integrated system of European gas pipelines. Are we so sure that the European Union is really pursuing this goal while creating at the same time a barrier to the nationalistic re-emergencies?
After stopping the exemptions to the sanctions, Iran announces the resumption of uranium enrichment. Awaiting the next OPEC+ meeting
The new geography of manufacturing. The speed at which China is changing its energy mix, from coal to gas. Europe’s response. The interwoven fates of Rome and Beijing over the Belt and Road Initiative
A new development pole that wants and can become an alternative to the Euro-Atlantic center. Gas is above all
In addition to the OPEC+ deal and the turmoil in the Latin American country, another bullish factor was a slight depreciation of the dollar and the impression that the Federal Reserve will not implement a strong tightening monetary policy in 2019 as it was previously supposed
To balance the market, global economic powers must implement expansive policies and producer countries must implement the production cuts agreement as soon as possible