Episode 74 - Chinese Teapots | Germany to Russian oil: "Pound sand" | Israel needs LNG | BP tanker hides in Gulf - a podcast by Ryan Ray & Ellen Wald

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China refiners curb fuel output after massive new plants stoke glut
https://www.reuters.com/article/us-china-oil-throughput/china-refiners-curb-fuel-output-after-massive-new-plants-stoke-glut-idUSKCN1U30J2
Chinese demand seen as a bell weather for oil demand, especially since the “teapots” were responsible for keeping demand up when oil prices were low.
Will a resolution of the US-China trade war help with this demand?

German refinery halts Russian oil imports over contamination
https://www.reuters.com/article/us-russia-oil-germany-contamination-idUSKCN1U01OQ
Pipeline is back online but German says “we don’t want your oil”
Cannot say when full oil operations will resume

Adviser warns Tehran could seize UK oil tanker if Iranian ship not released
https://www.cnn.com/2019/07/05/middleeast/oil-tanker-gibraltar-iran-intl-gbr/index.html
Is it crude oil or fuel oil? Apparently its crude oil, exported in April

Oil prices edge up; gains capped as investors eye global risks
https://www.cnbc.com/2019/07/08/oil-markets-us-jobs-report-in-focus.html

The U.S. Is Overflowing With Natural Gas. Not Everyone Can Get It.
https://www.wsj.com/articles/the-u-s-is-overflowing-with-natural-gas-not-everyone-can-get-it-11562518355
US is flaring so much natural gas right now. We have places producing it that don’t need it and places that need it but refuse to pay for it.

Israel’s Energy Dilemma: More Natural Gas Than It Can Use or Export
https://www.nytimes.com/2019/07/05/business/energy-environment/israel-natural-gas-offshore.html
Israel is considering banning the import of gasoline and diesel cars and trucks by 2030 and converting to compressed natural gas and electric cars

BP Oil Tanker Shelters in Persian Gulf on Fear of Iran Retaliation
https://www.bourseandbazaar.com/news-1/2019/7/8/bp-oil-tanker-shelters-in-persian-gulf-on-fear-of-iran-retaliation

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