Wednesday, June 4, 2025
Markets are facing a potential ‘Minsky moment’ collapse, strategist says- oil and gas 360

Markets are facing a potential ‘Minsky moment’ collapse, strategist says

CNBC Asset prices could be on the cusp of a sharp collapse known as a “Minsky moment,” and may retest lows last seen in March, according to Ron William, market strategist and founder of RW Advisory. Markets have experienced a broad bullish period in recent months as investors bet on further stimulus from governments and central banks, and the prospect

Giant Aramco - oil and gas 360

Aramco reviewing multi-billion Texas LNG terminal investment plan

Bloomberg Saudi Aramco is shelving multi-billion-dollar petrochemical and gas projects as the state oil giant’s determination to preserve its dividend forces it to cut back on major investments. The world’s biggest oil company is abandoning plans to build a $20 billion crude-to-chemicals plant at Yanbu on the kingdom’s Red Sea coast, according to two people familiar with the matter, who

China's energy giants tiptoe into renewables- oil and gas 360

China’s energy giants tiptoe into renewables

Reuters SINGAPORE/BEIJING  – China’s state energy producers outlined initiatives to develop hydrogen and wind power after their earnings slumped along with the oil price in the first half but their renewables projects could take years to materialise. The tentative plans laid out by PetroChina, Sinopec and CNOOC Ltd come as global energy majors like BP prepare to spend billions on