Chinese mineral export controls to spell shortages, long-term questions
Chinese mineral export controls to spell shortages, long-term questions
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Recent forecasts for global growth have been ratcheted down, even as oil prices sink lower and put more money in consumers' wallets. Economists see several factors changing things.
Saudi Arabia Is Losing Its Iron Grip on Global Oil Markets
A burgeoning group of dark fleet vessels operating with impunity on the edge of a major maritime thoroughfare is moving hundreds of millions of barrels of sanctioned oil — and risking an environmental catastrophe.
Sagging crude oil prices will have a bigger impact on industry behavior than federal policy, and rising trade tensions could dampen the outlook for U.S. companies.
Former President Donald Trump's return to the White House could mean tougher enforcement of U.S. oil sanctions against Iran, potentially trimming global supplies, but his administration could struggle to get China, Iran's top crude customer, to cooperate, analysts said.
China’s demand for oil, long an important driver of global oil demand growth, slowed dramatically during January–September 2024. Between 2000 and 2023, China accounted for 50 percent of...