By Rhod Mackenzie
OPEC disagrees with the forecast of the head of the International Energy Agency (IEA), Fatih Birol, that demand for fossil fuels will peak and decline by 2030, the organisation said.
Earlier in the week, Birol wrote about the future of fossil fuels in a Financial Times column,...
By Rhod Mackenzie
The European Commission President Ursula von der Leyen has announced the launch of an investigation into allegations that the Chinese government is subsidising the production of Chinese electric vehicles. From the outside, and it seems that the first impression is true, it looks...
By Rhod Mackenzie
The invitation to six countries to join BRICS should not be considered in the logic of the "Cold War of the last century". This is according to the Brazilian Foreign Minister Mauru Vieira who wrote in an article published in the Folha de São Paulo newspaper..
The head of the S...
By Rhod Mackenzie
China's post-pandemic recovery will lead to a sharp rise in oil demand in the coming months, the IEA predicts. Until now, Western analysis has been dominated by scepticism about the prospects for the Chinese economy. Oil prices responded to the agency's report with growth. This w...
By Rashid Alimov.
The countries of Central Asia, as independent parties engaged in international relations, do not want the region to become an arena of multilateral competition in the spirit of the “Great Game”. They have other long-term interests: strengthening the neighbourhood as well as bui...
By Rhod Mackenzie
The OPEC+ countries participating in the deal reduced their production by 20 thousand barrels per day in August compared to July, to 35.99 million barrels per day, the overhang of quotas amounted to 3.59 million barrels per day, according to the monthly report of the Internationa...