Tag Archives: US

The US and Western allies have imposed sanctions on oil shippers and traders who have been helping Russia bypass price restrictions. Since a price cap on Russian oil was set last year, Moscow has developed a shadow fleet of tankers and found alternative insurance and financing options, enabling it to …

The United States launched Operation Prosperity Guardian, a multilateral naval operation involving the United Kingdom, Canada, France, Bahrain, Norway, and Spain. Oil tycoon BP has temporarily stopped shipping any crude along the route; rival energy tycoon Shell has not yet responded.Oil PricesAttacks on commercial ships in the Red Sea have …

Chinese stocks fell on Monday, December 11, after data showed continued deflationary pressures as the country’s economy suffers from weak domestic demand. In contrast, Japanese stocks jumped amid increasing bets that its central bank may not raise interest rates next week. Inflation figures for November in China showed a faster-than-expected …

The top decision-making body of China’s ruling Communist Party said the country’s fiscal policy “should be moderately strengthened” to stimulate economic recovery, the state-run Xinhua news agency reported. The Politburo meeting held on Friday, chaired by Chinese President Xi Jinping, analyzed the economic work to be undertaken in 2024. The …

Customs data showed on Thursday that China’s crude oil imports in November fell 9.2 percent year-on-year, the first annual decline since April as high inventory levels, weak economic indicators and a slowdown in orders from independent refineries weakened demand. According to the General Customs Administration, the total imported crude oil …

China’s independent refiners, known as teapots, are holding off on making new purchases due to wide discrepancies in offer prices. Since the suspension of US sanctions on Venezuelan oil in mid-October for six months, global energy firms and trading houses Vitol, Gunvor, and Trafigura have gradually resumed purchases. The independent …

China’s Finance Ministry said, on Tuesday, that the two sides had in-depth, candid and constructive discussions on the macroeconomic situation and policies of the two countries and the world,” following the conclusion of the first meeting between the China-US economic working group.Additional QuotesChina expressed its concern, both sides will maintain …

The US and European allies are relocating to replace lost Russian gas supplies, with Egypt playing a crucial role in the new global oil and gas market order. Companies like Chevron, BP, Shell, and Italy’s Eni have been instrumental in securing a steady supply of gas from reliable new suppliers. …

In an era marked by seismic shifts in the global economic and political landscape, Noor Capital’s Research and Development Department prepared the latest research paper that delves deep into the implications of the eighteenth G20 Summit. As the assembly of the world’s major economies comes to pass, the paper scrutinizes …

Dive into Noor Capital’s comprehensive report that that created by Research and Development Department, The growing impact of the BRICS bloc on the global economy—including Brazil, Russia, India, China, and South Africa. As an alternative power to traditional Western hegemonies, the BRICS represent more than a quarter of global GDP …