Oil

‘ISIS: Baghdad next, oil production will dive, price will rise’

Monday, June 23, 2014
By Paul Martin

Investmentwatchblog.com June 23rd, 2014 Since the start of its rampage through Iraq, ISIS has been eyeing vital oil fields – including the country’s biggest refinery. Brent’s price went up significantly during Monday’s trading session. RT discussed this with Jorge Montepeque, an energy-market analyst – he believes the uncertainty of war will keep pushing prices... »

If The Kurds Actually Sold Oil To Israel, Then Iraq Really Is Splitting Apart For Good

Monday, June 23, 2014
By Paul Martin

Ayub Nuri, The Times Of Israel BusinessInsider.com June 23, 2014 Recent news out of Iraq that the Kurdistan Region had sold its first batch of oil to Israel prompted a quicker reaction from Baghdad than when their army was attacked on all fronts by the Islamic State of Iraq and the Levant (ISIS). It... »

The Risk Of A Major Oil Price Spike Is Now The Highest Since The Financial Crisis

Sunday, June 22, 2014
By Paul Martin

Robin Emmott, Reuters BusinessInsider.com Jun. 22, 2014 BRUSSELS (Reuters) – Iraq will be foremost in investors’ minds in the coming week as oil price risk has returned to markets, complicating the task for central banks whose policies are beginning to diverge for the first time since the global financial crisis. Oil prices neared nine-month... »

The Oil Crisis Price Spike Is Just Getting Started

Thursday, June 19, 2014
By Paul Martin

Dr. Kent Moors Market Oracle Jun 19, 2014 First there was the crisis in Ukraine. Then, seemingly out of nowhere, Iraq exploded into chaos again. Both testify to one simple truth about today’s energy sector: Geopolitical factors are the quintessential wild cards when it comes to estimating energy prices. As for crude, prices have... »

Legend Warns Of World Economic Crash & Oil Spike To $250

Thursday, June 19, 2014
By Paul Martin

KingWorldNews.com June 19, 2014 Today a legendary trader and investor warned King World News that the world is in danger of seeing the oil price soar to $250. He also warned this will crash the world economy and collapse confidence in the financial system and currencies. Victor Sperandeo has been in the business 45... »

Europe Bracing Itself for Worst-Case Gas Scenario

Thursday, June 19, 2014
By Paul Martin

By Alexander Panin TheMoscowTimes.com Jun. 17 2014 In the wake of Russia’s decision to switch Ukraine to prepayment for gas starting Monday, the European Union is planning a new round of negotiations as the danger of supply disruptions to Europe heightens. European officials say, however, that the bloc is currently far better prepared to... »

Energy Markets Are On The Brink Of Crisis

Thursday, June 19, 2014
By Paul Martin

Brandon Smith Alt-Market.com Thursday, 19 June 2014 The multitudes of people, especially Americans, who view U.S. government activity in a negative light often make the mistake of attributing all corruption to some covert battle for global oil fields. In fact, the average leftist seems to believe that everything the establishment does somehow revolves around... »

Crude oil edges toward $107 after Iraq refinery attacked

Wednesday, June 18, 2014
By Paul Martin

Militants may have 75% control of the oil facility By William L. Watts and Barbara Kollmeyer MarketWatch.com June 18, 2014 NEW YORK (MarketWatch) — Crude-oil prices edged higher on Wednesday, with the U.S. benchmark pushing back toward $107 a barrel after militants in Iraq attacked the country’s biggest oil refinery, underlining worries about potential... »

Jim Rickards Predicts The Dollar to “Collapse By Half” in Response to New Middle East War!

Tuesday, June 17, 2014
By Paul Martin

SilverDoctors.com June 17, 2014 “Oil is stable. What you’re seeing is the collapse of the dollar! As oil goes from $100 to $200 a barrel, I don’t think that oil doubled, what I think is that the dollar collapses by half….The Fed wants a little inflation- they’re going to find they get alot more... »

Iraq Breaks Down, Oil Surges – The Context Underlying The Growing Crisis

Tuesday, June 17, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 06/16/2014 The situation in Iraq is serious, and is probably going to get worse before it gets better. The potential for this recent action to morph into a regional conflict is very high. That means that oil could go a lot higher, and if it does, we can expect the... »

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