Oil

Talk Of Oil “Death Spiral” Emerges

Wednesday, July 13, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Jul 13, 2016 Lipow Oil Associates sees the start of a “death spiral” as “product inventories are high, margins come under pressure, refiners reduce crude runs and therefore the crude-oil glut grows to the point where someone wants to discount” to unload it–inspiring refiners “to kick up their runs again.”... »

Fracking crackdown reduces Oklahoma earthquakes by 25 percent

Tuesday, July 12, 2016
By Paul Martin

by: Wes Maxwell NaturalNews.com Tuesday, July 12, 2016 Since 2009, the state of Oklahoma has experienced a drastic increase in earthquakes. The state’s yearly average of reported earthquakes in 2009 was a mere 20 per year. In 2015, that average spiked to a shocking two per day. While environmentalists have had their suspicions for... »

The oil crash has people worried about a new banking crisis

Thursday, July 7, 2016
By Paul Martin

Elena Holodny BusinessInsider.com July 7, 2016 Nigeria just put its banking system on alert. The Central Bank of Nigeria announced earlier this week that it’s replacing the management of the country’s eighth biggest lender by assets, Skye Bank, after it failed to meet the minimum capital ratios, according to Bloomberg’s Emele Onu, Renee Bonorchis,... »

Economic Collapse – Are You Prepared?

Tuesday, July 5, 2016
By Paul Martin

SilverDoctors.com July 5, 2016 If Americans haven’t connected the DOTS by purchasing physical precious metals, the majority of their supposed wealth will EVAPORATE into thin air… From SRSRocco: The collapse of the U.S. economic and financial system accelerated this year, thus pushing the country closer to a third-world status. Most Americans are unaware of... »

America’s “Soaring” Gasoline And Oil Demand Was Just An Illusion: How The EIA Fooled The Algos

Sunday, July 3, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Jul 3, 2016 “Could it be that the U.S. demand that’s helped drive a near doubling of oil prices since mid-February was illusory?” That may be a reasonable conclusion to draw from the latest data published by the DOE. When looking at weekly figures, it looks like U.S. gasoline demand... »

Why The Collapse Of The U.S. Economic & FInancial System Has Accelerated

Saturday, July 2, 2016
By Paul Martin

by SRSrocco ZeroHedge.com Jul 1, 2016 The collapse of the U.S. economic and financial system accelerated this year, thus pushing the country closer to a third-world status. Most Americans are unaware of the dire consequences facing the nation, so they continue to believe business as usual will continue indefinitely. Unfortunately, lousy reporting by the... »

Why The Collapse Of The U.S. Economic And Financial System Has Accelerated

Wednesday, June 29, 2016
By Paul Martin

By: Steve St. Angelo, SRSrocco Report GoldSeek.com Wednesday, 29 June 2016 The collapse of the U.S. economic and financial system accelerated this year, thus pushing the country closer to a third-world status. Most Americans are unaware of the dire consequences facing the nation, so they continue to believe business as usual will continue indefinitely.... »

Oil Tumbles Amid Bad News For Glut As US Offshore To Hit Record In 2017

Monday, June 27, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Jun 27, 2016 WTI Crude has tumbled back to a $46 handle this morning (from over $50 on Friday) with Brexit volatility weighing on every asset class and Nigeria and Canada restart production (following rebel attacks and wildfires respectively) but as OilPrice.com’s Charles Kennedy notes companies pumping oil from the... »

Why Goldman Is No Longer Buying The Oil Bounce

Wednesday, June 15, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Jun 15, 2016 One month ago there was some confusion when Goldman released a report in which it cut its 2017 oil price forecast due to expectations of slower market rebalancing, while at the same time boosting it near-term crude price projections due to short-term supply disruptions. To be sure,... »

Core Producer Prices Surge Most Since Jan 2015, Gasoline Prices Soar

Wednesday, June 15, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Jun 15, 2016 While inflationary pressures remain relativel nascent, today’s Producer Price Index data for May suggests The Fed may face some more pressure soon. Final Demand rose 0.4% MoM, more than expected and the highest since May 2015. However, core PPI (ex food and energy) rose 1.2% YoY (higher... »

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