Since the Iran war began, Saudi has been selling less oil, but earning more money
How? Higher energy prices are more than making up for lost volumes
That story shows up across:
• Trade data
• Budget data
• And now Aramco profits
https://t.co/jJIFR7NgR8
Exxon Mobil CEO says he has never seen available refining capacity so low relative to oil demand (due to US-Iran war, China retrenchment and Ukrainian strikes on Russia)
CHART OF THE DAY: Excellent @EIAgov showing how China cut oil imports from both inside and outside the Strait of Hormuz (look at the dramatic drop in Russian and Omani imports). It should put to rest the talk that Beijing only responded to a drop in supply availability.
La solidaridad y la empatía son opcionales.
El respeto a los tratados europeos y a los datos, no.
👇🏼
Número de entradas irregulares entre 2021 y 2026 según Frontex:
Por Italia: 478.600
Por los Balcanes occidentales: 340.600
Por Grecia: 259.800
Por España: 234.760
Por la frontera oriental: 48.000
No es tiempo de dividir. Es tiempo de seguir construyendo una UE fuerte y unida.
Analyst asks Shell if there isn't a case to improve disclosure about the profitability of its trading division (a huge cash machine). Shell CFO responds with a rather answer that ultimately means a polite 'nope.'
Why economic surveys have lost their relevance
Yet the share of voters who say the economy is in very or fairly good shape has dropped in that short span from 70 to 5 per cent among Democrats, while rising from around 5 to 70 per cent among Republicans.
https://t.co/zxZoA83i8p