Oil

Dear Ukrainians, Your Gas Bill Goes Up By 50% On May 1, Have A Nice Day

Wednesday, March 26, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 03/26/2014 We assume this is not what President Obama meant when he said “costs”… *UKRAINE TO RAISE GAS PRICES FOR HOUSEHOLDS 50% FROM MAY 1 *UKRAINE TO RAISE GAS PRICE FOR HEATING UTILITIES 40% FROM JULY As we warned previously, “the honeymoon is over” and it seems, from today’s address,... »

Ukraine Only Has Enough Gasoline For A Month

Wednesday, March 26, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 03/25/2014 Nothing to see here, move along. While it appears the Russians are willing to pay the price of modest sanctions from the west to ‘liberate’ their fellow countrymen, the fallout from further tension with Ukraine could “boomerang” once again on the divided nation. As RBC Ukraine reports, the Minister... »

First Russia Locks Up China With “Holy Grail” Gas Deal, Now Rosneft Prepares Mega-Deal With India

Tuesday, March 25, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 03/25/2014 Last week we reported that while the West was busy alienating Russia in every diplomatic way possible, without of course exposing its crushing overreliance on Russian energy exports to keep European industries alive, Russia was just as busy cementing its ties with China, in this case courtesy of Europe’s... »

Petrodollar Alert: Putin Prepares To Announce “Holy Grail” Gas Deal With China

Friday, March 21, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 03/21/2014 While Europe is furiously scrambling to find alternative sources of energy should Gazprom pull the plug on natgas exports to Germany and Europe (the imminent surge in Ukraine gas prices by 40% is probably the best indication of what the outcome would be), Russia is preparing the announcement of... »

The Honeymoon Is Over: Ukraine To Stun Citizens With 40% Gas Price Hike

Thursday, March 20, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 03/20/2014 Ukraine’s honeymoon period with its new rulers may end far sooner that most expect, and it will be certainly accelerated with news such as this. A few hours ago, Interfax reported that Ukraine expects to increase domestic gas prices by 40% once discounted import prices from Russia expire, the... »

Navy Seals Take Over North-Korea-Flagged Oil Tanker In Libya

Monday, March 17, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 03/17/2014 Tensions around the North-Korea-flagged tanker that “illegally” obtained oil from rebels who hold a Libyan port have been escalating for the last week. However, The BBC reports that overnight US forces, at the request of both the Libyan and Cypriot governments, boarded and took control of the commercial tanker... »

Plunder & Pillage: Energy Sources Must be Controlled to Maintain Dollar Fiat Empire

Sunday, March 16, 2014
By Paul Martin

SilverDoctors.com March 16, 2014 Resources run out, energy sources must be controlled. New markets must be ‘OPENED UP’, for all to have access to the bounties of a ‘free market economy’ and the joys and benefits of credit, both sovereign and individual. Debts MUST be created if the fiat empire is to retain forward... »

US To Sell Strategic Oil Reserves For First Time In 24 Years

Sunday, March 16, 2014
By Paul Martin

Investmentwatchblog.com March 16th, 2014 WTF U.S. Selling Oil From Emergency Oil Reserves http://www.reuters.com/article/2014/0… The Obama administration plans to sell 5 million barrels, or less than 1 percent of the Strategic Petroleum Reserve, calling the move a test of the petrol distribution system. The last time this happened was in August 1990 before the first... »

Take That Putin: US To Release 5 Million Barrels From Strategic Petroleum Reserve In “Test”

Wednesday, March 12, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 03/12/2014 WTI crude prices are faling rapidly as Reuters reports that the US is set to ‘unleash’ its Strategic Petroelum Reserves in a “test-sale”… *U.S. TO RELEASE CRUDE FROM STRATEGIC PETROLEUM RESERVE: REUTERS Of course, this is a direct aim at Putin’s pocket-book as his stumbling economy needs high prices... »

Gas and oil prices soar and petrol could be next: Ukraine crisis shocks world markets amid fears Russia’s energy resources will be hit by trade sanctions

Tuesday, March 4, 2014
By Paul Martin

By SEAN POULTER and RAY MASSEY DailyMailUK 4 March 2014 Wholesale gas prices rose the most in two years yesterday as markets reacted to the crisis in Ukraine. Fears that supplies to western Europe could be affected saw the price surge by 10 per cent at one point. The cost of crude oil also... »