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b'China\\u2019s Emerging Middle Eastern Kingdom
https://www.tabletmag.com/sections/israel-middle-east/articles/china-middle-eastern-kingdom \\ufeff
- can paint both narratives about China: either that its going to take over the world or that its about to fall apart
- When it comes to oil and gas, China gets over half of its imports from the Middle East or through the Suez Canal \\u2014 but does it? Russia, Central Asia, US and Canada, South America are significant oil suppliers
- China\\u2019s power extension actually erodes its power long term because local people will rebel against doing business with China because they don\\u2019t want their people detained?
- Saudi Arabia doesn\\u2019t mind when Iran sends China oil because Saudi Arabia\\u2019s relationship with China is much deeper and has been going on for much longer.

\\ufeff Drillers Go Remote as Pandemic Reshapes Oil Business
\\ufeff https://www.wsj.com/articles/drillers-go-remote-as-pandemic-reshapes-oil-business-11596369600
- where are they still drilling?

Oil rises 2% on positive economic data
https://uk.reuters.com/article/uk-global-oil/oil-falls-on-fears-of-glut-as-opec-set-to-boost-output-idUKKBN24Z00R
- Despite the fact that OPEC is increasing production and coronavirus is still a significant problem, oil prices rose on positive economic data
- But, can this last?

Marathon Petroleum to permanently close two U.S. oil refineries
https://www.reuters.com/article/us-refineries-operations-marathon-ptrlum/marathon-petroleum-to-permanently-close-two-us-oil-refineries-idUSKBN24X3XU
- sold their gas station to 7Eleven
- Closing down Two refineries in California and New Mexico due to low fuel demand might convert California facility to a renewable diesel refinery using used cooking oil.

Jet fuel demand outlook sours after fleeting market optimism
https://www.reuters.com/article/us-oil-global-jet-fuel/jet-fuel-demand-outlook-sours-after-fleeting-market-optimism-idUSKBN24Y060
- last year we were talking about Weak distillate demand and the potential for a recession, but jet fuel demand was so strong it was as powerful argument that a recession wasn\\u2019t on the horizon.
- Now jet fuel demand is way down and given the news from airline companies and airplane manufacturers it doesn\\u2019t look good for a pick up in air travel.

https://thehill.com/opinion/energy-environment/509267-esg-may-be-popular-but-it-could-hurt-your-retirement-portfolio

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