Iraqi Balance Law between OPEC and the Economy | OilPrice.com

OPEC

At the request of OPEC, the United States and the International Atomic Energy Agency (IAEA), Iraq has been called upon to increase its oil production. At a time when Iraq’s oil exports are at an all-time high, the potential for further growth is high. As countries around the world seek new oil and gas partners, … Read more

Taiwan’s ‘Largest Coastal Wind Generator’ Generates First Power

A submarine wind turbine off the coast of Taiwan. Taiwan’s Ministry of Economic Affairs says it aims to generate 20 percent renewable energy in the next half decade. Billy HC Kwok | Bloomberg | Getty Images A large offshore wind farm on Taiwan’s coast has generated its first power, and those involved in the project … Read more

OCD is treading light as news grows | OilPrice.com

OPEC

Last week we saw some good news for oil users. Both OPEC and the International Energy Agency have revised their demand forecast, indicating that prices have some potential fall. But OPEC is ready to change track. “Critical new locking measures in China’s growing covariate issues have led to a weak revision of global oil demand … Read more

Brent crude oil falls below $ 100 due to panic in China locks

On July 8, 2021, as seen in the north of Bakersfield, California, oil extraction equipment is located near a vineyard. George Rose | Getty Images Oil prices have plummeted in China for the past two weeks, with prices falling sharply. International Benchmark Brent crude fell 4.2 percent or $ 4.31 a barrel to $ 98.47. … Read more

To investigate the use of Chinese materials in imported solar panels

Last week, the US Department of Commerce announced that it was investigating allegations that solar panel manufacturers in Southeast Asia were using Chinese products and evading US tariffs, raising concerns about trade and environmental policy. The department announced on March 28 that it was examining claims by California-based solar panel manufacturer Oxygen Solar that manufacturers … Read more

China’s Zero-Covide Policy Could Strengthen Energy Storage Demand | OilPrice.com

Power grid

In times of uncertainty, there are few sectors of the economy that are 100% sure to bet on investors – but energy storage seems to be one of them. As the world moves closer to carbon dioxide, the United Nations and the United Nations Climate Change Panel will be chanting “Red for Humanity”; Rapidly growing … Read more

Despite heavy sanctions, Russian oil spills continue | OilPrice.com

Russia Crude

While some Washington partners are enforcing a US-led ban on Russian imports, large-scale Russian oil flows to various major oil importers have continued to increase global supply and fuel prices. In the case of oil trade, Russia’s supply of up to 11 million barrels a day has somehow been removed from the global supply demand … Read more

Ukraine war kills billions of Chinese ‘Nickel King’ – Latest News

Beijing – Agence France Press Xiang Guangda’s Chinese game’s nickel King’s use of market influence to shorten the stock, wait for the price to fall, and water the prize when the value returns. But then Russian President Vladimir Putin invaded Ukraine and things got complicated – quickly. class = “cf”> Russia is one of the … Read more

Fossil Renaissance | OilPrice.com

Coa

Renewable weapons are not the only source of energy in response to Russia’s invasion of Ukraine, as countries are now looking for fossil fuels. As governments around the world look to accelerate their energy integration to improve energy security, many are relying on fossil fuels, such as coal. Coal prices have risen sharply in recent … Read more

Banks have not stopped coal. According to the study, since 2019, business lenders have transferred $ 1.5 trillion to the industry.

A Bulldozer Coal to Transport Belt January 28, 2022 at Mianyan City, Sichuan Province, China Liu Zhongjun | China News Service | Getty Images LONDON – Banks and investors have invested heavily in the coal industry in recent years, according to a new study. Published on Tuesday by campaign teams Urgewald and Ricklek Finance, along … Read more