Dangerous Fungus Resistant to All Drugs and First Found in Asia Is Identified in the US for the First Time
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Natgas Prices In Asia And Europe Sky-Rocket Amid Deep Freeze
The price of LNG reached unprecedented lows in the spring of 2020; but, as OilPrice’s Venand Meliksetian points out, a year later, the revitalization of the market is a fact. Prices of the supercooled fuel in especially Asia have reached astronomic heights due to a combination of factors. The most important LNG buyers-markets are in…
Saudis Raise Crude Prices To Asia For First Time In 4 Months After OPEC+ Deal
Just day after OPEC+ reached an agreement to ease production curbs (in order to keep UAE happy) but assess production levels monthly in order to ensure that oil prices don’t slide after reaching an 8 month high on covid vaccine optimism, Saudi Arabia raised oil pricing for customers on Sunday for its main market of Asia….
Crude Crashes In Early Asia Trading
WTI just tumbled to a $33 handle in early trading (after being above $40 just 3 days ago) as demand fears (European lockdowns) and supply concerns (Libya ramped up its production) combined to spark anxiety about the energy complex outlook. Dec WTI Futs are down over 5%… This is the lowest front-month oil price since…
China’s Growing Influence in Central Asia and the Middle East Will Lead to Further US Decline
China’s increasing presence on the international scene is an undeniable threat to the US-led world order. Critical to China’s emergence as a major power this century, has been its widening influence in the Central Asian states. Central Asia, rich in mineral reserves, is among the earth’s most strategically important regions. Control over Central Asia…