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Saudi Arabia is about to send more oil to China, even though it's slashed crude supply levels

Fri, 08/11/2023 - 05:12

Saudi oil production — Saudi Arabia is set to send more oil to China next month, according to Bloomberg.
Marwan Naamani/AFP via Getty Images

Markets, MI Exclusive, Commodities, Oil, Saudi Arabia, China

Undergrad enrollment in petroleum engineering has dropped 75% over the past 10 years — even though they make 40% more than computer science grads

Thu, 08/10/2023 - 11:41

Oil drilling — Petroleum Engineers typically make six-figure salaries, but data shows interest among undergraduate students is withering.
Grant Smith/Construction Photography/Avalon/Getty Images

Tech Insider, Work, Employment, Employees, Employers, Salary, Oil

Russian oil and grain exports halted after Ukraine drone strike near Black Sea port

Fri, 08/04/2023 - 11:42

Tech Insider : Economy

Novorossiysk submarine — Russian Novorossiysk submarine.
OLGA MALTSEVA/AFP/Getty Images

Markets, MI Exclusive, Russia, Ukraine, Wheat, Grain, Oil

Russia's seaborne oil exports hit their lowest level in 7 months

Tue, 08/01/2023 - 09:47

Oil tanker — Suriyapong Thongsawang

Markets, MI Exclusive, Oil, Russia, Russian Oil, Sanctions, Embargo

Oil is on course for its best month since Russia invaded Ukraine as recession fears die down and Saudi Arabia cuts supply

Mon, 07/31/2023 - 10:21

OIl refinery — Oil is on pace for its best month since January 2022.
zorandimzr/Getty Images

Markets, MI Exclusive, Commodities, Oil, Saudi Arabia, Global Recession, oil price outlook

Gas prices in the US just spiked to their highest mark since November

Fri, 07/28/2023 - 14:12

Gas station — People fill up their tanks with gasoline at a Costco Gas Station in Carlsbad, California.
Reuters/Mike Blake

Markets, MI Exclusive, Gas Prices, energy, Biden, White House, Inflation

The 3,300 employees of an oil trading firm each made almost $800,000 last year – way more than Wall Street bank staff

Sun, 07/23/2023 - 12:28

vitol — Vitol Group is based in Switzerland.
Denis Balibouse/Reuters

finance, Vitol, Oil Trading, Commodities, Oil, Ukraine War

Russia-China ties deepen as Beijing buys a record amount of oil from the warring nation in the first half of 2023

Thu, 07/20/2023 - 14:12

Tech Insider : Politics

Russian President Vladimir Putin and Chinese President Xi Jinping attend a welcome ceremony before Russia - China talks in narrow format at the Kremlin in Moscow, Russia March 21, 2023 — Russian President Vladimir Putin and Chinese President Xi Jinping attend a welcome ceremony before Russia - China talks in narrow format at the Kremlin in Moscow, Russia March 21, 2023
Sputnik/Sergei Karpukhin/Pool via REUTERS

Markets, MI Exclusive, China, Russia, russia economy, Chinese, barrels

Is BlackRock still woke?

Wed, 07/19/2023 - 05:19

BlackRock CEO Larry Fink gestures while sitting in front of a blue screen. — BlackRock CEO Larry Fink.
Thos Robinson/Getty Images

finance, BlackRock, Saudi Aramco, ESG Investing, Larry Fink, Asset Management, Saudi Arabia

Russia's oil exports climb to fresh highs despite threats to slash production

Wed, 05/10/2023 - 09:46

vladimir putin — Vladimir Voronin / AP

Markets, MI Exclusive, Vladimir Putin, Russia, russia economy, Russian Oil, Sanctions

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