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Iran negotiations, OPEC meeting loom for oil markets

Green Car Congress

As November draws to a close, there are two major events that could profoundly change the oil markets. With the clock ticking, the 5 permanent members of the UN Security Council plus Germany (P5 plus 1) are negotiating down to the wire with Iran over its nuclear program. As a result, Iran’s GDP fell by 5.8

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Studies find global COVID-19 lockdowns have significantly reduced PM2.5 and NO2 pollution, but ozone up

Green Car Congress

The only other comparable events are short-term reductions in China’s emissions due to strict regulations during events like the 2008 Beijing Olympics. However, the study found nitrogen dioxide pollution did not decrease over Iran, one of the earliest and hardest-hit countries.

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Opinion: The Current Oil Price Rally Is Reaching Its Limits

Green Car Congress

Iran also continues to add production, albeit at a slower-than-expected rate. Drilling for oil in shale is already a “short-cycle” event—a well can take weeks or months to be completed, whereas an offshore project can take several years. In fact, the rally to $40 was largely driven by speculation.

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Opinion: Global Oil Supply More Fragile Than You Think

Green Car Congress

But the collapse of prices in July—owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China—have darkened the mood. But the rebound in April and May to $60 per barrel from the mid-$40s suggested that the severe drop was merely temporary.

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How the Huawei Fight is Changing the Face of 5G

Cars That Think

In subsequent decades, the company was accused of stealing Western intellectual property , supplying sensitive telecoms equipment to North Korea and Iran , and expanding its global market share by undercutting Western telecom equipment prices by as much as a third. Huawei denies doing so, but as a result, the U.S.

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Twitter Files reveal FBI’s role as “belly button”

Teslarati

The first Twitter Files installment of 2023 revealed shared the events that led up to the intelligence community’s influence on Twitter. their work w/r/t Iran). The latest installment of the Twitter Files revealed the FBI’s desire for Twitter to rely on it to be the belly button of the U.S. government (USG).

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