Daily Archives: August 5, 2022

2022-08-05: News Headlines

Infobrics (2022-08-04). BRICS Expansion: Five New Members in 2023. infobrics.org Following Russia's announcement of Iran & Argentina's BRICS membership bids, the alliance president reveals that Saudi Arabia, Turkey and Egypt have the same plans…

Editor (2022-08-04). USA: World's largest producer of oil AND its largest oil consumer. mronline.org According to an analysis by Elements Newsletter based on the BP Statistical Review of World Energy 2022, roughly 43% of the world's oil production came from just three countries in 2021 — the US, Saudi Arabia, and the Russian Federation. Together, these three countries produced more oil than the rest of the top 10 combined.

Juan Cole (2022-08-04). Taken for a Ride: Saudi-led OPEC+ snubs Biden with tiny Oil Increase, Despite Arms Sales, Fist Bump. juancole.com Ann Arbor (Informed Comment) At its meeting in Vienna yesterday, the enlarged "+" version of the Organization of Petroleum Exporting States (OPEC+) decided to increase output by only 100,000 barrels per day, a vanishingly small amount that will have no impact on lowering gasoline prices and which does US President Joe Biden virtually no …

2022-08-06 02:18 | 22:18 EST | jz | 5 | 0 | 3 | 0 | 0