Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
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Silly man; let it rest and enjoy your day. But no more Hitler jibes !!
cloves....we all need to be aware of 'no platforming' type lefties who do not believe in free speech!
Cloves i take exception to being referred to as a little Hitler. My point was made to get some realism into the debate especially from the uber rampers who think we are the new o/g major.
Anyway each to their own.
Enjoy your day. ddboy
Ah yes - Dominic Rabb - the man who had to be told that France was on the other side of the English Channel...................
We are invested in a ****pot small o/g company with potential. Leave the politics to others; your hypothesis is gobbledegook.
Pure conjecture. Get a grip....
The Iran nuclear deal was discounted in the market. Now it is more complex and less likely, so bullish for oil. Not easy for traders to factor in.
Insurance for shipping will go up in the region close to Oman. There won’t be a war with what is going on in the world at the moment. Iran an USA may join together for Afghan’s sake . Israel/ Iraq relationship interesting to observe, no doubt Israel will lead the US without taking orders from them directly here.
Dominic does not want this to escalate either. The man is busiest enough at the moment..
Heid, my thoughts on Iran are
a) Dominic Rabb is will only pay lip service to the more hawkish of his advisors. It will be (and the Iranians know it) in effect just a slap on the wrists.
Biden is a waste of space. He is another who is impotent windbag.
Trump was a 'loose cannon' as far as the Iranians were concerned. They didn't know whether he was bluffing or not when he said after the U.S killed their top general in a missile strike this. " If any of our military or allies are touched, then we will not only unleash a tremendous response, but we will also target your holy sites and mosques". This would have unnerved the religious clerics who rule Iran. Their peoples can be killed, no problem, but their places of worship are a different proposition.
Fear not the Israelis will not let Iran have nuclear weapons whatever.
persimmon , it is like a tug of war the oil price.
Chinese PMI down to just over 50. Interestingly Steel manufacturing prices are going up in China but there is a lack of Chinese buying for tea.
There is lots of covid in China, Florida & Australia but we in the West are Living with Covid. Imagine if Vaccines and recovery take off in Asia what that will do for oil demand.
Oil did actually rise last week 2% with USA demand for oil off the charts. Imagine if more international travel kicks off then demand will be really tight. Saudis are doing great with Oil as are UAE . I would say the Saudis are holding the best cards here with delays on oil coming from elsewhere.
Ian nuclear deal looking doubtful and complex. Bullish Factor for Oil.
The Israel drone attack on the ship was certainly not welcome politically. Nice to see Dominic condemn Iran at last.
It is surely better for ups an downs to happen now as we adapt an learn to live with covid and just imagine if diesel picks up industrially.
Oil price for now is good and steady. The market is tight. Lack of investment an the fear of oil will become the Major problem in the years ahead. There lay your big rises .
Notably for West Newton European Gas prices are spiking which would make this asset a loverly juberlee buy for someone who is willing to pay big money for it.
Economy
Business and Economy
Oil slips on worries of a China slowdown, jump in OPEC output
China’s factory activity growth slipped sharply in July as demand contracted for the first time in more than a year.
Oil has risen every month this year except March [File: Luke Sharrett/Bloomberg]
Oil has risen every month this year except March [File: Luke Sharrett/Bloomberg]
2 Aug 2021
Oil prices fell on Monday on worries over China’s economy after a survey showed growth in factory activity slipped sharply in the world’s second-largest oil consumer, with concerns compounded by a rise in oil output from The Organization of the Petroleum Exporting Countries or OPEC producers.
Brent crude oil futures slid by 76 cents, or 1 percent, to $74.65 a barrel by 04:55 GMT while US West Texas Intermediate (WTI) crude futures dropped 69 cents, or 0.9 percent, to $73.26 a barrel after slipping to a session low of $72.87.
Iran opens oil terminal to bypass strategic Strait of Hormuz
Slowing economic recovery in China is a warning sign to the world
China’s second-quarter growth suggests ‘uneven’ economic recovery
China races to curb Delta-fuelled COVID outbreak, worst in months
“China’s been leading economic recovery in Asia and if the pullback deepens, concerns will grow that the global outlook will see a significant decline,” said Edward Moya, a senior analyst at OANDA.
“The crude demand outlook is on shaky ground and that probably will not improve until global vaccinations improve.”