Enceladus skrev: ↑onsdag 06 september 2023 17:54
Saudi Arabia, Russia extend voluntary oil cuts to year-end, markets jump
Saudi Arabia is squeezing the oil market just as consumption surges: ‘The Fed may have to react’
Fortune skrev:Russia’s extra cut is less than a third of the size of Riyadh’s and applies to exports rather than production, but their combined effect is forcing consumers to run down their inventories to satisfy demand, driving up prices in the process.
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US President Joe Biden, who is up for reelection next year, has another potential tool at his disposal to curb prices — the Strategic Petroleum Reserve. Its resources were tapped enthusiastically last year with a historic drawdown of about 180 million barrels. Yet when crude prices dropped earlier this year, the process of refilling began.
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“Oil prices have reached levels at which they will impact headline inflation,” said Christof Ruhl, an adjunct senior research scholar at the Center on Global Energy Policy at Columbia University. “This is not only something Biden will not like, but this is something the Fed may have to react to.”
Det är ingen hemlighet att MBS och Putin föredrar Trump framför Biden. Försöker diktatorerna medvetet skapa missnöje i USA genom minskad oljeexport?
Russia faces domestic fuel crunch, braces for more shortages
Reuters skrev:Russia, one of the world's biggest oil producers, has faced shortages of fuel crucial for gathering the harvest in some parts of its southern breadbasket and the situation may get worse in coming months, market sources told Reuters.
Traders said that the fuel market has been hit by a combination of different factors including maintenance at oil refineries, infrastructure bottlenecks on railways and the weaker rouble which incentivises fuel exports.
Russia has tried to tackle diesel and gasoline shortages over recent months, contemplating export curbs as the last-ditch attempt to prevent a serious fuel crisis - which is sensitive for the Kremlin ahead of a presidential election in March.
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"The Ai-92 gasoline is not available for retail sales in Krasnodar region, Adygea and Astrakhan, there is hardly any Ai-95 gasoline and diesel," a trader in Russia's south said.
Ryssland har dessutom inrikespolitiska skäl att begränsa exporten - snarare än produktionen - av olja. Charter 97 har en artikel om Rysslands
nya oljekris.
Russia's Pivot Away From US Dollar Is Not Going According to Plan
Newsweek skrev:Russia has become one of India's top oil suppliers and has earned billions of dollars in sales. This has resulted in an accumulation of up to $1 billion each month in rupee assets in Indian banks that cannot be accessed due to restrictions by the Reserve Bank of India, which prevent Russian companies from transferring rupees stored in bank accounts in India to Russia and converting them into rubles, Bloomberg reported.
Timothy Ash, an economist and associate fellow in the Russia and Eurasia program at British think tank Chatham House, said the war in Ukraine and the sanctions subsequently levied on Russia has "just reaffirmed the dollar is king."
"There is simply no quick fix for Russia, China et al, when globally it's still a case of 'in the US dollar we trust'," Ash told Newsweek. "[İ] guess Russia [is] just finding out why everyone trusts the dollar—it is freely convertible, while the rupee is not."
Vad säger Putin om att allt inte går helt enligt plan?
Survey: Russia Rates Highest as a Threat to the World, Half See U.S. as a Global Danger
U.S. News skrev:Over 70% of global citizens see Russia as a threat to the world after more than a year of the country’s war with Ukraine, even as support appears to be waning slightly for the invaded nation, according to findings from the 2023 U.S. News Best Countries survey.
A similar share of survey respondents agreed to some extent with the same sentiment about China, while half consider the United States a threat, underscoring global tensions and highlighting how perceptions of three of the world’s influential powers can vary by individual nation.
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International views of the U.S., on other hand, have improved since Biden took office, and the U.S. saw the lowest percentage of agreement as the subject of a “threat to the world” statement, according to the Best Countries survey. Among respondents who do consider the U.S. a global threat, the highest share of agreement came from China at about 75%, while agreement eclipsed 60% among those from Turkey, Saudi Arabia, Indonesia and New Zealand.
Putin brukar
insinuera att han stöds av världens utvecklingsländer, men undersökningar visar en helt annan bild. Biden har däremot förbättrat USA:s rykte.