SAUDI ARABIA ABANDONING PETRODOLLAR FOR PETROYUAN.
Aramco CEO warns of global oil crunch due to lack of investment
Putin did it , he threatened sanctions on anyone who uses oil/petrol/gas ( sarcasm )
just like the food production
this is not an accident it is an agenda
Oil Back in the Green as No Word About Russia’s Exclusion from OPEC+
basically irrelevant , Russia is likely to sell to all 'friendly nations' either by set contracts or a discount when warranted ( say to Sri Lanka because they are cash-strapped , say oil for tea or access to ports/dry-docks ) and since Russia will be selling little in US dollars that won't impact OPEC's leverage either
Exclusive - U.S. plans to sell armed drones to Ukraine in coming days - sources
i can see Russia selling the damaged drones to Iran and China to reverse engineer them ( and build better versions in-house )
GULF ARAB STATES DECLARE THEY WILL NOT SANCTION RUSSIA.
and why wouldn't they support Russia , one president cuts oil exploration leases , freezes pipelines , increases regulations , and goes begging to enemies to increase oil production after previously sanctioning them ,while blackmails, bullies and invades other oil producers ... and that president is NOT Putin
Policymaker Push Against Fossil Fuels Means "Will Never Be Another Refinery Built In US"; Chevron CEO Says
WOW .. look at who is finally waking up
Ukraine hopes to get submarines from Germany
an even better excuse for Russia to annex Odessa and completely block Ukraine's access to the straits of the Dardanelles
Britain looks to head off energy crisis
... and net zero 2050 just took another step backwards
Russia ramps up oil output and exports – media
** May output amounted to 10.2 million barrels per day, up from 10 million in April but still 2.5% down on production in May 2021.***
will probably slowly increase this as new supply-lines become confirmed ( to Asia and India ) as expected China-Russia pipelines are being built now .
Russia restricts export of gas critical to chip production
will need all that to replenish their missile arsenals ( and new generation aircraft )
Oil in Storage Drops Again; Rising Disability as a Signal