Unipec, the largest oil trader in China and the trading unit of state-held refiner Sinopec, has purchased 9 million barrels of Abu Dhabi’s Upper Zakum crude grade for March loadings, traders told Bloomberg, in what could be a sign that Chinese oil demand will pick up pace in the second quarter. 18 cargoes of Upper Zakum crude is above the typical purchases of Unipec, according to the traders. Still, traders aren’t sure whether the buying spree for Abu Dhabi’s crude is directly linked with expectations of a surge in demand. It…
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Saud Arabia’s Oil Gamble Pays Off With $95 Brent
When back in July Saudi Arabia announced voluntary additional oil production cuts, traders brushed them off. Prices did not move. Everyone was preoccupied with demand in China and the U.S. Three months later, things look very different. The Saudis and ...
Saud Arabia’s Oil Gamble Pays Off With $95 Brent
When back in July Saudi Arabia announced voluntary additional oil production cuts, traders brushed them off. Prices did not move. Everyone was preoccupied with demand in China and the U.S. Three months later, things look very different. The Saudis and ...
Is The US Military Laying The Groundwork To Reinstitute The Draft?
Is The US Military Laying The Groundwork To Reinstitute The Draft?
Authored by Zachary Yost via The Mises Institute,
The most recent edition of the US Army War College’s academic journal includes a highly disturbing essay on what lessons ...
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Saud Arabia’s Oil Gamble Pays Off With $95 Brent
When back in July Saudi Arabia announced voluntary additional oil production cuts, traders brushed them off. Prices did not move. Everyone was preoccupied with demand in China and the U.S. Three months later, things look very different. The Saudis and ...
Saud Arabia’s Oil Gamble Pays Off With $95 Brent
When back in July Saudi Arabia announced voluntary additional oil production cuts, traders brushed them off. Prices did not move. Everyone was preoccupied with demand in China and the U.S. Three months later, things look very different. The Saudis and ...
Is The US Military Laying The Groundwork To Reinstitute The Draft?
Is The US Military Laying The Groundwork To Reinstitute The Draft?
Authored by Zachary Yost via The Mises Institute,
The most recent edition of the US Army War College’s academic journal includes a highly disturbing essay on what lessons ...
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