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02/09/2024
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By Ethan Huff
Iraq to DITCH U.S. dollar for oil trades, joining growing dedollarization trend
In an effort to dodge ongoing United States sanctions against its banking system, the finance committee of the parliament of Iraq wants all oil sales from here on out to be transacted in currencies other than the Federal Reserve Notes, also known as the U.S. dollar. The committee released a statement chastising the U.S. government […]
10/11/2023
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By Arsenio Toledo
Oil prices surge following large-scale clashes between Israel and Palestine
Large-scale hostilities between Israel and Palestinian militant groups in the Gaza Strip have sent crude oil prices surging even after oil prices already spent the entirety of the summer inching their way closer to $100 a barrel. The amount of conflict between Israel and Palestine has reached a level not seen in months, and traders have responded […]
09/12/2023
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By Ethan Huff
Biden is DESTROYING the U.S. fossil fuel industry and handing over refining market to “dirty” China
Those who “lead” the governments of the United States and many European countries are deliberately cutting off their respective nations’ economies at the knees by allowing the West’s earth-based fuel and energy infrastructure to crumble. Here in the U.S., such destruction is occurring at the hands of fake president Joe Biden, who is actively selling […]
08/17/2023
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By Laura Harris
India not turning away from Russian Urals crude even as discount to global benchmarks narrows
Indian buyers see no reason to turn away from Russian Urals crude even as the discount to global benchmarks narrows. They argue that similar-quality barrels from the Middle East remain more expensive. In 2022, Russia became the leading supplier of crude due to affordable prices and good control of energy inflation. Earlier this year, the discount […]
02/28/2023
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By Ethan Huff
THREE separate fires occurred simultaneously at three separate Mexican oil refineries
Are climate terrorists behind the latest spate of mysterious fires to occur at oil refineries, this time in both the United States and Mexico? In case you missed it, three separate fires broke out all on the same day at three different oil refineries owned by Pemex, which operates both in the U.S. and Medico. […]
01/30/2023
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By JD Heyes
Shift away from U.S. ‘petrodollar’ and towards gold-backed currencies in the Global South continues
The United States’ empire is quickly fading, thanks to wanton greed and corruption among our ruling class, but there will be some nation — probably China — stepping in to fill the vacuum, without question. This phenomenon was laid bare again last week during the World Economic Forum in Davos, Switzerland, where countries in the […]
11/21/2022
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By Arsenio Toledo
ENERGY REDIRECTED: Two-thirds of Russian seaborne oil exports are now going to Asia
Two-thirds of all Russian seaborne oil exports are now heading to Asian countries as the country continues to divest itself from relying on the European oil trade. Before the European Union (EU), the United States and their allies imposed sanctions on Russia over the country’s special military operation in Ukraine, seaborne crude oil deliveries to Asia accounted […]
11/03/2022
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By Ethan Huff
Ignoring U.S. concerns, Saudi Arabia reiterates oil partnership priorities with communist China
A core agreement between the United States and Saudi Arabia that has persisted since 1945 is being upended as communist China rises to the top of the Saudi regime’s oil empire. When it comes to oil partnerships, China has been told that Saudi Arabi is its “most reliable partner and supplier of crude oil.” The […]
10/20/2022
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By JD Heyes
End of petrodollar edges closer as Saudi Arabia looks set to join new China-dominated ‘BRICS’ economic alliance
The political left, with its insane push towards unsustainable ‘green’ energy, adoption of cultural lunacy (drag queens and transgenders for children) and shunning of scientific and biological facts (“there are more than two sexes“) is leading to the end of the “petrodollar” and the huge global influence of the Western-led United States in favor of a […]
09/22/2022
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By Ethan Huff
Another oil refinery, in Ohio, catches fire and has to be shut down
The BP-Husky Toledo refinery in Oregon, Ohio, has been “safely shut down” after a fire reportedly broke out for no apparent reason. A BP spokesperson told Reuters that the company suspects “leaking fumes from a crude unit may have caused the ignition in another unit at the facility.” This same person added that workers at […]
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