Author Archives: Jiayang Shao

Oil price likely to climb back to $80 in near term

WTI crude price climbed above $73 in Wednesday’s evening trading session, even as the Omicron...

Manchin’s hard “ No ” towards Build Better Better Act, a complicated story

For months, West Virginia senator Joe Manchin have said inflation and national debt are two...

Russia laid out its new security proposal to NATO over Ukraine conflict before deescalation

The Ukraine conflict continued to linger on as Russia demanded NATO to meet several conditions...

Sharp declining of Strategic Petroleum Reserve raises issues for energy security

This week’s energy report surprised a lot of analysts and investors as commercial inventory in...

Fed turned to Hawkish stance to combat rising inflation

Not long ago, the Fed was still using a term “ Transitory Inflation ” to...

No, Nord Stream 2 is not a leverage EU can hold against Russia in Ukraine conflict

In early December, according to Ukraine’s military assessment, Russia troops massed over 100,000 near the...

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As uncertainty grow over Iran nuclear talk, Israel PM heads to UAE for deepening diplomatic ties

According to Jerusalem Post, Israel Prime Minister Naftali Bennett will make United Arab Emirates(UAE) the...

DOE to Proceed with 18 Million Barrels Sale From SPR on Dec 17th

The US Department of Energy(DOE) announced last Friday, will sell 18 million barrels of oil...

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Florida announced Gas tax relief proposal amid surge of inflation

Inflation continued to surge across the United States, putting additional costs into family’s budget. While...

What is going on with that magical SPR release?

Ever since President Biden coordinated a joint release of oil reserve with various asian countries...

As Nuclear Talk Stalls, Us Hit Tehran With New Sanctions

Since last Friday, the Iran nuclear talk has been paused due to significant disagreement between...

OPEC and Russia defy expectation, on course to raise production starting January

OPEC INCREASE PRODUCTION Last week, OPEC countries and Russia choose to stick to their original...

Amid supply chain crisis and high energy prices, President Biden fall short from an oil ban on federal land

Last year, during the 2020 presidential election campaign, Biden promised he would ban new drilling...

Why the 2024 US Presidential Election could be a lot closer than we thought?

Last year, during the 2020 US presidential election, Former Republican president Donald Trump lost in...

Iran nuclear talk resumed in Vienna

On the 29th of November, 2021, Iran’s foreign minister, also the chief negotiator of the...

Oil Price Continued to Fall Amid Omicron Concerns, OPEC+ Meeting in Focus Starting Wednesday

According to Financial Times, the chief executive officer of Moderna, Stéphane Bancel, issued a warning...

Omicron variant: Could be another good reason for OPEC to halt production?

During Black Friday last week, just as people were excited and cheering about holiday travel...

The Gamble of SPR, Is it Worth it?

Over this Tuesday, the White House announced a report detailing a coordinated Strategic Petroleum Reserve...