OPEC News+

@OPECnews

Insight on OPEC+, cartels, energy/resource/commodity markets. Leads for global investors, traders, analysts, and wonks.

Media & News CompanyJoined July 2009

1,375 Following

66.3K Followers

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OPEC News+

@OPECnews

13h

And he’s correct. Show us an executive who champions ESG “values,” and we’ll show you a wealth destroyer who is guaranteed to bring no worthwhile environmental, social, and governance gains.

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Marcellus Drilling

@MarcellusDN

14h

Shell’s New CEO Changes Course, Says Cutting O&G Bad for Everyone buff.ly/3mvJqMr

OPEC News+ Retweeted

The Epoch Times - China Insider

@EpochTimesChina

15h

The #CCP regime must recognize that #Taiwan is not a part of #China and handle cross-Strait disputes with respect and fairness, the Taiwanese Mainland Affairs Council said. Taiwan has been a self-governing democracy since 1949.

theepochtimes.com

Taiwan Says China Must 'Face the Fact' of Island's Sovereignty

The Chinese communist regime must recognize that Taiwan is not a part of China, the Taiwanese Mainland Affairs Council (MAC) said on Sunday.

China increases its military budget by $230BN

China announced it will boost its military budget by nearly $230 billion this year amid concerns it will launch an invasion of Taiwan.

Colombians protesting the poor state of roads have taken more than 80 police officers and oil workers hostage at a field owned by a unit of China's Sinochem Group

bloomberg.com

Protesters Take 80 Police, Oil Workers Hostage After Raid in Colombia

Colombians protesting the poor state of roads took more than 80 police officers and oil workers hostage after raiding a field owned by a unit of China’s Sinochem Group, according to local media...

"Your IQ doesn't matter all the much" From the free Introduction to Hive Mind:

Interesting, but at a range of 220 (at best), electric vehicles need to see that double to be on par with petroleum. The transaction cost of unnecessary stops is not trivial.

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Simon Kuestenmacher

@simongerman600

Mar 3

Range anxiety? Don't sweat it! The range of electric cars has improved like crazy in the last ten years. Source: buff.ly/3Z8dFY7 #EV#ElectricVehicles #Tesla

OPEC News+

@OPECnews

Mar 3

Amazing how this is not as embarrassing for Germans as one would think (other European states likely playing same game, hoping US keeps paying their military bills).

@OlafScholz

, only about 17% of Zeitenwende’s €100 set-aside has legs so far (13% robbed).

politico.eu

The truth about Germany’s defense policy shift

A year after Chancellor Olaf Scholz declared a sea change in German defense, Berlin’s security policy is the same as it ever was.

A total Russian collapse is surprisingly close

As Moscow’s latest offensive in Ukraine slowly but bloodily cranks up, the next phase of this ghastly war has well and truly arrived. Contrary to expectations, the Ukrainians are bravely, and...

The Monetary Economics of the Austrian School and the Chicago School by Pascal Salin ⁦⁦

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qjae.scholasticahq.com

The Monetary Economics of the Austrian School and the Chicago School | Published in Quarterly...

By Pascal Salin. Pascal Salin thinks of the monetary economics of the Austrian and Chicago schools as modern versions of the classical price specie flow theory, and suggests reconciliations between...

Those who criticize OPEC+ for their policies do so because they think OPEC+ has more market power than it does (don’t realize how the cartel repeatedly fails to coordinate at valve.

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Hadley Gamble

@_HadleyGamble

Feb 17

Those who criticize OPEC+ for their policies should “mind what they say” Saudi Prince Turki al-Faisal tells me in Munich. “It’s hypocritical.”

2:20

23.9K views

Oil-rich nation Scotland will have plenty of incentive to break free of London. Sturgeon’s departure may well increase odds of exit. Expect the six London-occupied counties in Ireland to vote the same way (to join the Irish Republic).

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Bloomberg

@business

Feb 19

Nicola Sturgeon's resignation came as a shock to Scotland's independence movement. Here's what that means for the nation's faltering campaign to break free of the UK #IndyRef2 trib.al/piuiJdz

Long overdue,

. The Taylor Rule is the reliable rule you need, even if it means some recession for a while (comes with big longer run benefits for some short-term pain).

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Bloomberg

@business

Feb 24

The European Central Bank may need to deliver significant interest-rate increases into the second quarter, according to Governing Council member Joachim Nagel trib.al/GMGa0C7

The majority of the Baltic Exchange CPP freight routes have fallen this week, which was reflected in the BCTI dropping to under the 1000 mark... bit.ly/3SqE3tE #maritime #shipping #markets

Russia’s invasion of Ukraine delivered a massive shock to the world's energy markets - triggering the first truly global energy crisis. On the anniversary, here are some of my key takeaways on where things stand today ⬇️

linkedin.com

Where things stand in the global energy crisis - one year on

It is one year since Russia invaded Ukraine, an act that delivered a massive shock to global energy markets and a crippling blow to Russia’s relationship with its biggest customer, the European...

Climate "doomism" is easy to find on outlets like TikTok, where the baseless argument has gone viral in recent years. Organizations like Black Girl Environmentalist are challenging the misinformation that feeds the argument.

axios.com

Black Girl Environmentalist rejects climate "doomism"

The group aims to elevate Black girls, women and non-binary peoples in climate action.

ESG: What Bureaucrats and Buyers Want but the World Doesn’t Need

aier.org

ESG: What Bureaucrats and Buyers Want but the World Doesn’t Need

"Although criticisms of ESG are on the rise, a pivot in portfolio management back to frameworks focused on corporate growth rather than cause-related ones seems unlikely. Both buyers and...

OPEC News+

@OPECnews

Feb 24

Or, Poland/Germany can decide to make “Kaliningrad” Królewiec or Königsberg again. Finland can consider making Karelia Finland again. Perhaps all while restoring Crimea to Ukraine. All feasible.

news.yahoo.com

Russia's Medvedev floats idea of pushing back Poland's borders

Former Russian president Dmitry Medvedev said on Friday that the only way for Moscow to ensure a lasting peace with Ukraine was to push back the borders of hostile states as far as possible, even if...

OPEC News+

@OPECnews

Feb 24

Oxford: 2023 oil outlook: 2 swing factors—China's demand recovery post-reversal of zero-COVID policy + EU sanctions on Russian exports. Chinese demand may see W-shaped recovery +Russian production drops to ~10mb/d. Market to balance + small surplus. Brent price to average $95.7.

Long overdue,

. The Taylor Rule is the reliable rule you need, even if it means some recession for a while (comes with big longer run benefits for some short-term pain).

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Bloomberg

@business

Feb 24

The European Central Bank may need to deliver significant interest-rate increases into the second quarter, according to Governing Council member Joachim Nagel trib.al/GMGa0C7

BREAKING: Poland has delivered first Leopard 2 battle tanks to Ukraine, Polish president confirmed. For more: p.dw.com/p/4NvtQ

GIF

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Note that if a Chinese foreign minister is saying this, the shrewd investor will (likely correctly) assume the opposite is true: the independent nation of Taiwan is on deck to be a southeast Asian Ukraine.

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Bloomberg Markets

@markets

Feb 21

WATCH: Chinese Foreign Minister Qin Gang urges the world to stop drawing parallels between Ukraine and Taiwan, part of Beijing’s efforts to distance itself from Russia and portray itself as a neutral force for peace trib.al/Xz9o9Dg

0:26

70.3K views

During the course of Russian invasion of Ukraine, its central bank has been making sure Russian poor and those on fixed incomes pay considerably more for the Kremlin’s increasingly frustrated war effort by printing more and more money (inflation running over 10% since March’22).

OPEC News+ Retweeted

Majorwaves Energy Report

@MajorwavesER

Feb 21

The Organisation of Petroleum Exporting Countries (OPEC+), is calling for increased investment in hydrocarbons. majorwavesenergyreport.com/opec-calls-for

majorwavesenergyreport.com

OPEC+ Calls For Increased Investment In The Oil Industry - Majorwaves Energy Report

The Organisation of Petroleum Exporting Countries (OPEC+), is calling for increased investment in hydrocarbons. Haitham al-Ghais, secretary general of OPEC+,

Tough medicine.

Opinion | The Problem With Russia Is Russia

Ukrainians will survive the Russian Federation, just as we survived the Soviet Union.

These maps show how Russia's initial advances were reversed

economist.com

A year of war in Ukraine, in maps

How Russia’s initial advances were reversed

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0:26

70.3K views

Irish State on track for further credit rating upgrades, Davy says

irishtimes.com

Irish State on track for further credit rating upgrades, says Davy

Nation’s debt to GDP ratio forecast to fall to less than a third of financial crisis

Almost a year out from the Iowa caucuses, it is clear that Donald Trump will not get the effortless nomination he may have hoped for

economist.com

Nikki Haley’s bid illustrates the problems of the Republican Party

Her long-shot candidacy for 2024 complicates its chances of finding a new leader

⚡️Local authorities: Russian shelling of Kherson Oblast kills 3, wounds children. Russia shelled the village of Burhunka early on Feb. 19, killing three family members – a mother, father, and an uncle – and wounding their 13-year-old child, the regional administration reported.

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Japan may also invite the leaders of South Korea and Indonesia

bloomberg.com

Japan Eyes Inviting Australia, India to G-7 Summit, NHK Says

Japan is making arrangements to invite Australia and India to a Group of Seven summit it’s hosting in May to discuss issues including Ukraine, nuclear disarmament and climate change, public broadca...

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Nicola Sturgeon's resignation came as a shock to Scotland's independence movement. Here's what that means for the nation's faltering campaign to break free of the UK #IndyRef2 trib.al/piuiJdz

OPEC News+

@OPECnews

Feb 18

Those who criticize OPEC+ for their policies do so because they think OPEC+ has more market power than it does (don’t realize how the cartel repeatedly fails to coordinate at valve.

Quote Tweet

Hadley Gamble

@_HadleyGamble

Feb 17

Those who criticize OPEC+ for their policies should “mind what they say” Saudi Prince Turki al-Faisal tells me in Munich. “It’s hypocritical.”

2:20

23.9K views

You mean "trust me" is not good enough anymore? “The renewed rangebound trade in oil is...demanding more cyclical evidence to invest in the structural bull case.” --Goldman Sachs bloomberg.com/news/articles/ #energy #OOTT #oilandgas #WTI #CrudeOil #fintwit #OPEC #Commodities

bloomberg.com

Oil’s Longest Run of Losses This Year Ushers In Weekly Decline

Oil capped its longest string of daily losses this year as hawkish signals from Federal Reserve officials added to concerns about a glut of crude piling up in storage.

Saudi Arabia’s pledge that OPEC+ will hold oil supplies steady is setting up global crude markets for a year of two contrasting halves

bloomberg.com

OPEC’s Static Oil Supply Strategy Promises Year of Two Halves

Saudi Arabia’s pledge that OPEC+ will hold oil supplies steady is setting up global oil markets for a year of two contrasting halves.

OPEC News+

@OPECnews

Feb 17

This is entirely because of the US “war on drugs” that has made drug cartel operation so profitable and strong, Mr.

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Kevin McCarthy says Sinaloa cartel is now biggest employer in southern Arizona county trib.al/DdD68y2

Kevin McCarthy says Sinaloa cartel is now biggest employer in southern Arizona county trib.al/DdD68y2

How Ukraine war has shaped U.S. planning for a China conflict trib.al/sMQgOXE

OPEC News+

@OPECnews

Feb 17

We’re not sure who needs to hear this, but a credible basis for pursuing an MBA is at least the following: (a) non-business tech bachelor’s degree (b) 2+ years in industry after college (c) didn’t double-major with a business major (d) MBA is ranked, accredited, not “online”

Just a reminder that the head of the World Economic Forum, Klaus Schwab, has an actual bust of the Communist dictator Vladimir Lenin in his library. #Davos #davos2023 #WEF

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