The continued strength of the iron ore price is surprising, given the collapse of oil, which traders have recently been willing to pay buyers for if they’ll agree to offload full tankers. Oil and iron …
Tag Archive for: "oil trade"
Poker games get no bigger than this. Saudi Arabia’s Prince Mohammed bin Salman has gambled that a threatened cut of almost US$1 trillion to global oil revenue will force Russia’s President Vladimir Putin back into …
It is an enigma worthy of the genius of an Arthur Conan Doyle or an Agatha Christie. What is indisputable is that a ‘murder’ has been committed: Saudi oil installations in Abqaiq and Khurais have …
US President Donald Trump’s recent tweet on the Strait of Hormuz, in which he said that Asian countries ‘should be protecting their own ships’ prompts some serious questions—setting aside some customary Trumpian bravado and factual …
The global oil market has largely shrugged off the sabre-rattling in the Middle East as the United States seeks to halt Iran’s oil exports. The oil price actually fell by 2% following the Trump administration’s …