Friday, September 4, 2026
Global oil security looks shakier as conflicts hit 45 million Bpd of supply- oil and gas 360

Global oil security looks shakier as conflicts hit 45 million Bpd of supply

(Oil Price) – Almost half of the world’s oil supply is produced in regions currently engaged in hot conflicts, Reuters reported this week. The situation raises questions about long-term oil supply security and the limits to diversification. The Middle East, of course, is the most obvious and most disruptive example. While oil prices on speculative markets have remained capped by trader optimism, the

US signs critical minerals deal with EU to diversify supply- oil and gas 360

US signs critical minerals deal with EU to diversify supply

(Investing) – U.S. Secretary of State Marco Rubio and European Union Trade Commissioner Maros Sefcovic signed a memorandum of understanding for a partnership on producing and securing critical minerals. The U.S. has been working to gain access to critical mineral reserves, particularly rare earth supply chains currently dominated by Chinese players. Rubio did not mention China in his remarks, but

China’s Xi and Canada’s Carney vow to advance relations- oil and gas 360

China’s Xi and Canada’s Carney vow to advance relations

(Investing)– China’s President Xi Jinping met with Canada’s Prime Minister Mark Carney on Friday, with the leaders vowing to advance bilateral relations and Carney accepting Xi’s invitation to visit China. They held a summit on the sidelines of the Asia-Pacific Economic Cooperation (APEC) forum in Gyeongju, South Korea, part of Carney’s tour of Asia in an effort to deepen trade

Canada’s Carney visits Asia to forge new alliances and reduce US dependence- oil and gas 360

Canada’s Carney visits Asia to forge new alliances and reduce US dependence

(BOE Report)– Canada’s Prime Minister Mark Carney embarks on his first official visit to Asia on Friday in an attempt to deepen trade and security ties at a time when the North American country is struggling to lessen its overwhelming dependence on the U.S. and redefine its foreign policy in pursuit of new markets. Canadian government officials said Carney’s week-long