South African President Cyril Ramaphosa said during a visit to Riyadh this weekend that Saudi Arabia’s Crown Prince Mohammed bin Salman is interested in joining the BRICS coalition, a trade and security organization led by Russia and China.
Saudi Defense Minister Prince Khalid bin Salman pronounced himself “astonished” by the barrage of attacks from the Biden White House last week accusing Riyadh of siding with Russia in the eight-year-old invasion of Ukraine, citing Ukrainian President Volodymyr Zelensky’s kind words towards the country as contradicting Washington.
The Ministry of Foreign Affairs of Saudi Arabia issued an outraged statement Thursday condemning the White House, without naming any official in particular, for claiming that Riyadh supported an OPEC+ decision to cut oil production by two million barrels a day because it had decided to side with Russia in the ongoing Ukraine war.
Saudi Crown Prince Mohammed bin Salman personally ordered a drop in oil production increases after leftist American President Joe Biden met with him in Riyadh this summer, the Wall Street Journal claimed in a report citing anonymous rumors on Tuesday.
The Biden administration is preparing to ease oil sanctions on the socialist regime of Venezuela that would allow California-based Chevron to resume oil production there, potentially opening a path for the return of Venezuelan oil exports into U.S. and European markets, according to a report published by the Wall Street Journal on Wednesday.
The Department of Labor will issue its report on September payrolls, unemployment, and wages on Friday. It may be the most hotly anticipated jobs report in recent memory.
“Do not taunt your neighbor with the blemish you yourself have,” the Talmud instructs us.
A stinging rebuke to the Biden administration.
Saudi Crown Prince Mohammed bin Salman, who enjoys close relations to Russia and has overseen a reported increase in purchases of Russian oil, was “crucial” in brokering an agreement to release ten fighters captured fighting for Ukraine, Saudi Arabia’s top diplomat told the BBC on Friday.
Brazilian President Jair Bolsonaro used his address at the United Nations General Assembly on Tuesday – as per tradition, the first by a head of state at the event – to celebrate the “full recovery” of his nation’s economy in the aftermath of the Chinese coronavirus pandemic.
The Secretary General of the Organization of Petroleum Exporting Countries (OPEC), Haitham Al Ghais, traveled to Venezuela on Tuesday to meet with socialist dictator Nicolás Maduro, touting the “key role” of Venezuelan oil in the international market.
IRAQ – For President Joe Biden, a renewed Middle East crisis lurks just as the Afghan withdrawal debacle enters the rearview mirror and record-high gas prices continue to retreat.
Scotland’s climate crazy local government has openly rejected proposed plans aimed at alleviating the ongoing energy crisis by drilling for more oil in the North Sea.
OPEC+, a grouping that includes Saudi Arabia and its Organization of Petroleum Exporting Countries plus Russia, slapped President Joe Biden’s pleas for increased oil production aside with a smaller-than-expected boost for August — and production cuts are reportedly on the table for September.
The tiny increase is being described as an insult to President Biden.
As the Biden administration continues to crush energy independence in the United States, Americans are more likely to trust Republicans on energy policy, a new Rasmussen Reports poll found.
The Kremlin revealed on Thursday that Saudi Crown Prince Mohammed bin Salman, known commonly as MBS, held a phone conversation with Russian strongman Vladimir Putin to discuss “stability” in global oil markets, a week after leftist American President Joe Biden visited Riyadh to, reportedly, request the Saudis consider increasing production.
Economist Stephen Moore said the Biden administration’s “insane climate change policies” created a global food crisis and risk of starvation.
Oil prices plunged on Tuesday ahead of President Joe Biden’s first trip to the Kingdom of Saudi Arabia.
The news agency Reuters, citing anonymous sources, reported on Tuesday leftist President Joe Biden is considering resuming offensive weapons sales to Saudi Arabia in anticipation of his visit to the country, scheduled for Friday.
President Joe Biden’s administration sold 950,000 barrels of oil from the U.S. Strategic Petroleum Reserve to a Chinese state-owned gas company that has financial ties to a private equity firm cofounded by Hunter Biden.
Embattled socialist President Gotabaya Rajapaksa of Sri Lanka revealed on Wednesday that he had called Russian strongman Vladimir Putin seeking help to purchase oil amid what the nation’s prime minister has called the “complete collapse” of Sri Lanka’s economy.
resident Alejandro Giammattei of Guatemala told Breitbart News in an exclusive interview this week that he would never consider buying oil from socialist Venezuela, calling such a deal – which U.S. President Joe Biden is reportedly considering – akin to “nourishing the devil.”
The war on oil is still raging even as prices squeeze households and businesses around the globe.
An official in the administration of French President Emmanuel Macron suggested on Monday that the world should seek to expand available oil supplies from Iran and Venezuela in response to the growing energy crisis exacerbated by Russia’s invasion of Ukraine.
Africa is suffering a severe shortage of gasoline and petroleum-based fuels generally despite being home to some of the world’s largest oil reserves — a product of being unable to consistently refine all of its crude.
The prime minister of Sri Lanka, Ranil Wickremesinghe, declared in remarks to the nation’s parliament on Wednesday that its economy had “completely collapsed.”
Jason Furman, an economist who served under Barack Obama and now teaches economics at Harvard, said on Tuesday that President Biden’s proposed gas tax holiday would benefit oil companies, not consumers.
On Thursday’s “CNN Newsroom,” Professor of the Practice of Economic Policy at Harvard University and the Harvard Kennedy School Jason Furman, who served as Chairman of the Council of Economic Advisers under President Barack Obama and on the Council of Economic
Germany is proposing new antitrust powers to clamp down on oil companies after a cut in fuel taxes saw little impact for consumers.
Still no help on the supply side from U.S. oil producers.
The Saudis have scored a great diplomatic victory by winning a Biden visit and whatever other favors the administration has promised the kingdom in exchange for more oil. Unfortunately, none of this will help American motorists.
House Minority Leader Kevin McCarthy (R-CA) on Wednesday railed against President Joe Biden for the rising consumer prices and inflation.
The EU agreed to embargo two thirds of Russian oil immediately with the aims of reducing imports by 90 per cent at the end of the year.
If you’re traveling over the Memorial Day weekend, expect plenty of company – and disappointment. The summer travel season is now officially underway with anyone heading for an airport warned to be prepared for soaring prices, cancellations, and delays.
Texas to the rescue!
Desperate to keep gas prices high, His Fraudulency Joe Biden has killed gas leases to Alaska’s Cook Inlet and the Gulf of Mexico.
During a portion of an interview with CBS aired on Monday’s edition of “CBS Evening News,” Moody’s Analytics Chief Economist Mark Zandi predicted that the price of gas and the price of oil will not get lower “until towards the
More voters are concerned about rising energy costs than climate change, according to a Rasmussen Reports poll released Monday.
Democrat-led Pennsylvania, New Jersey, and Delaware are experiencing “all-time high” gas prices, WPVI-TV reported on Monday.
