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Demand destruction of oil - Newspaper

Is the era of fossil fuels over or is the world transitioning away at a rate that is unsustainable and overly optimistic?

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Saudi Arabia to continue voluntary oil output cut of one million bpd

Saudi Arabia, OPEC's de-facto leader, first implemented the additional voluntary cut in July and has been renewing it monthly. The kingdom said in September the cut would last until year end but would be reviewed on a monthly basis.

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Energy titans question IEA forecasting credibility

Rashid Husain Syed • Saudi Arabia and the IEA duel over energy transition: Saudis argue for a more realistic transition away from fossil fuels

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View: China may get caught in an oil-price crossfire

The battle between authoritarian states and democracies in the new Cold War is centered around petroleum as a weapon. However, higher oil prices caused by output cuts by Russia and Saudi Arabia may backfire on them. China, the largest source of additional oil demand, is at a crucial moment in its energy transition and its gasoline demand is expected to peak this year. Every dollar added to the oil price will lead to a faster drop in long-term demand from their most important market, including India.

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Dollar Selling Abates Overnight

Currencies & metals rally on Monday. China & Japan send out messages to stop short trades... Good Day... And a Tom Terrific Tuesday to you! Well, the

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Futures Drift Lower Ahead Of CPI Report

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

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EMEA Morning Briefing: Stocks Could Retreat Amid Worries Over Global Growth -Today at 12:17 am

MARKET WRAPS

Watch For:

EU retail trade; OECD economic survey of the EU and euro area; Germany manufacturing orders, manufacturing turnover; UK narrow money and reserve balances, S&P...

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Goldman Sachs Says Extended OPEC+ Cuts Bring Bullish Price Risks

Goldman Sachs Says Extended OPEC+ Cuts Bring Bullish Price Risks
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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EMEA Morning Briefing: Stocks Could Retreat Amid Worries Over Global Growth

EMEA Morning Briefing: Stocks Could Retreat Amid Worries Over Global Growth
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

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