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Oil Prices
Oil prices extend losses on OPEC+ output outlook and Kurdistan export restart
SINGAPORE (Realist English). Oil prices fell for a second consecutive session on Tuesday, pressured by expectations of a fresh OPEC+...
Oil market on edge as U.S.–China trade war deepens
WASHINGTON (Realist English). Oil prices have begun to recover after their sharpest drop since 2021. According to Bloomberg, Brent crude...
High oil consumption outweighs weak supplies to Europe and Asia: IEA
PARIS (Realist English). In the fourth quarter of 2022, global oil demand will decrease by 110 thousand barrels per day...
Turkey has supported the G7 sanctions against Russia, blocking the Bosphorus for tankers with oil more expensive than $60 per barrel
ISTANBUL (Realist English). After the introduction of the oil price caps for Russian crude, a traffic jam of oil tankers...
Who will be crushed by the ceiling on Russian oil prices?
BRUSSELS (Realist). The European Union has agreed on a ceiling on Russian oil prices. Britain, Australia and the G7 countries...
Oil exports from the United States reached a record 5.1 million barrels per day
WASHINGTON (Realist English). U.S. crude oil exports rose to a weekly record of 5.1 million barrels per day, reducing net...
Biden’s reaction to OPEC+ decision to cut oil production
WASHINGTON (Realist English). US President Joe Biden called the decision of OPEC+ to reduce oil production quotas "shortsighted" at a...
Russia’s oil export revenues exceeded $20 billion in June
MOSCOW (Realist English). Russian oil exports in June fell by 250 kb/d m-o-m to 7.4 mb/d, the lowest since August...
The US has to blame itself for the energy crisis: ex-head of Saudi intelligence
RIYADH (Realist English). A senior member of the Saudi royal family, the former head of Saudi intelligence Prince Turki al-Faisal...
Iran war exposes global reliance on fragile energy routes
LONDON (Realist English). The war involving Iran has exposed the global economy’s dependence on vulnerable fossil fuel supply routes, intensifying...
Taiwan fears US weapons use in Iran could aid China
TAIPEI (Realist English). Taiwan has raised concerns that extensive US use of long-range cruise missiles in the war involving Iran...
Strait of Hormuz disruption sends shockwaves through global trade
LONDON (Realist English). Escalating military tensions around the Strait of Hormuz are rapidly disrupting global shipping and energy markets, as...
Iran war puts Vice President JD Vance in difficult political position
WASHINGTON (Realist English). The ongoing war with Iran has placed US Vice President JD Vance in a politically sensitive position,...
Star Wars without fiction: how space became the next battlefield
MOSCOW (Realist English). “Star Wars” stopped being science fiction long ago. Unfortunately, over ten thousand years of civilisation, humanity has...
Dadivank: The Legacy of Christ’s Apostles in Artsakh
YEREVAN (Realist English). In Artsakh, before the ethnic cleansing and forced deportation – simply put, genocide – carried out by...
An unusual phenomenon at the Church of the Holy Savior in Shushi
YEREVAN (Realist English). In the distant year 1979, as a third-year university student, I used to visit the Church of...
War with Iran seen as inevitable, Armenia warned of looming regional storm
YEREVAN (Realist English). The war with Iran is drawing ever closer. And once again, this pulls Armenia into a zone...
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