This year has started out with a macro-driven wave of global optimism leading to a rally on financial markets. Because Russia is linked to the rest of the world via external trade and capital flows, global improvement supports Russia's economy and creates upside risks for the country's 2012 macro...
Turkey has sharply increased its oil imports from Iran. According to Turkey's Statistical Institute, the country imported well over a million tons of Iranian crude this March - the highest monthly purchase since last July. However, new US sanctions are now harming relations between Ankara and Teh...
Subscribe Free Today at www.FutureMoneyTrends.com Oil, Cheap Oil has defined us, our economy, our nations, and our way of life. Everything centers around Oil! Oil is even required to manufacture and install alternative energy. The US alone has a fleet of about 210 million automobiles and light tr...
good.is If we're addicted to oil, our twelve-step program should begin with admitting that we have a problem. As the price of oil creeps higher, finding new energy sources is more important than ever. But the search for alternatives, combined with environmental disruptions, is putting new pressur...
Music video by Midnight Oil performing Beds Are Burning. (C) 1997 Midnight Oil
AFTER A CENTURY OF CRUDE, IT'S TIME TO REFINE OUR VISION: The 20th Century can be viewed through any of the three great trends of our time — economic growth, social progress, and environmental damage. But a fourth trend — growing energy use —underlies each of these, literally fueling the incredib...
The US is reportedly threatening India with penalties, if it doesn't comply with Washington's sanctions against Iran. India is one of the biggest consumers of Iranian oil, and American officials are quoted as saying they are worried that India may sidestep payment restrictions. RT's Priya Sridhar...
Dr. Tadeus Patzek, Chair, Petroleum and Geosystems Engineering, University of Texas - Austin John Hofmeister, President, Citizens for Affordable Energy Moderator: Dr. Alan Carroll, Geology and Geophysics, UW-Madison
The US has issued a list of countries that could suffer from its sanctions on Tehran. China -- the biggest buyer of Iranian oil -- tops that list. Earlier Washington said it was exempting 10 EU states and Japan from the sanctions... that would block access to America's banking system. RT discusse...
Iran is facing further isolation, as the world's biggest electronic banking system, known as SWIFT, prepares to cut off dozens of financial firms blacklisted by the EU. It's part of a broader effort by European nations who also plan to impose an embargo on Iranian oil this summer, to pressure Ira...
Russia's Lukoil begins pumping from a major Iraqi oil field. CNN's John Defterios talks with Manouchehr Takin about it.
The long-running feud over oil money between Iraq and its autonomous Kurdish region is deepening. The Kurds have halted fuel deliveries, claiming the government's failed to pay up for nearly a year. But Baghdad accuses them of denying the country of the vital revenue it gets for then exporting th...
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May 4 - Jeffrey Goldfarb and Breakingviews columnists discuss the contrasting fortunes of Colombia's Ecopetrol and Mexico's Pemex.
The body of former Libyan leader Muammar Gaddafi's oil minister, Shukri Ghanem, has been found in the Danube river in Vienna. Ghanem was one of the first to defect during Libya's revolution. His cause of his death is still unknown. Al Jazeera's Imran Khan reports.
It's turmoil in the Arab world that's now threatening a bigger blow to the global economy, than the crisis in the Eurozone. The IMF Chief Christine Lagarde has warned that escalation of the situation with Iran, for example, could drive oil prices above 160 dollars a barrell. Let's now talk to RT'...
