Oil

The Global Economic “Nuclear Options” – Oil Pinned Below $30/barrel, US Dollar Rising

Thursday, October 6, 2016
By Paul Martin

by Charles Hugh-Smith via OfTwoMinds blog, ZeroHedge.com Oct 6, 2016 These two nuclear options could strike the global economy even without any planning. The “nuclear option” is the extreme-measures button you push when conventional approaches have failed and you’re facing certain defeat. In terms of upsetting the global economy’s precarious balance, there are two... »

What OPEC “Production Cut”: Iran, Libya To Boost Production, MS Warns Of Hedging, JPM Cuts Oil Price Target

Monday, October 3, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Oct 3, 2016 While last week’s OPEC Aligers meeting was supposed to lead a production cut, however we warned that over the most likely outcome would be a boost in production. We didn’t have to wait long and earlier today Iran’s IRNA news agency reported that Iran is presently exporting... »

Mainstream Media Still Silent As Dakota Access Pipeline Protests Spread, Construction Blocked In Iowa

Thursday, September 29, 2016
By Paul Martin

by Nick Bernabe via TheAntiMedia.org, ZeroHedge.com Sep 29, 2016 The media blackout of opposition to the Dakota Access Pipeline continues as widening protests, which have now blocked pipeline construction in Iowa, go unreported by the national corporate media. The “Mississippi Stand” water protector encampment in Sandusky, Iowa, successfully blocked Dakota Access Pipeline construction as... »

Not Even An OPEC Deal Will Stop Oil Going Lower, Goldman Warns

Wednesday, September 28, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Sep 28, 2016 Continuing to pile on the bearish oil case, Goldman warns today that not even an OPEC deal would stop oil going lower, adding that “we remain sceptical of its impact. For one, our production forecast continues to reflect a seasonal Saudi production decline into year-end, with no... »

Crude Chaos Strikes: Saudis Admit “No Deal” But “Hopeful” For November

Tuesday, September 27, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Sep 27, 2016 Having failed completely to consumate a freeze deal in Algiers, the Saudi oil minister throws out a bone of hope to crude bulls that November’s OPEC meeting may see a freeze deal. Crude is testing its lows of the day but bouncing around like Hillary’s eyes as... »

Saudis Offer To Cut Production By 500,000 Barrels: “The Oil Market Situation Is Much More Critical”

Sunday, September 25, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Sep 25, 2016 Saudi Arabia offered to cut its oil output to January levels, as OPEC members seek ways to stabilize crude prices at talks this week in Algiers.“Saudi Arabia is ready to freeze production at the January level,” Boutarfa said, calling the offer “an interesting step.” Saudi Arabia pumped... »

As Default Looms, Venezuela Pushes Highly Dubious Oil Deals

Sunday, September 25, 2016
By Paul Martin

by Nick Cunningham WolfStreet.com September 24, 2016 Teetering on the brink of utter economic collapse. Venezuela, teetering on the brink of utter economic collapse, is rushing through a tender for billions of dollars of drilling contracts to boost oil production in the Orinoco Belt. Venezuela has seen its oil production fall slightly each year... »

Beware of What You Wish For, as You’re About To Get It….”I’m so scared of what coming – potentially, as imminently as it is inevitable. And thus, why I more vehemently than ever, advise you to PROTECT YOURSELF, and DO IT NOW!”…(Must Read!)

Saturday, September 24, 2016
By Paul Martin

By: Andrew Hoffman SilverSeek.com September 23, 2016 The trading day just ended, on what may be the penultimate week of “normalcy” for generations to come. Frankly, I have never been more scared, as the certainty of my views has never been more powerful. Which are, that nothing – not Central banks, governments, nor any... »

Oil Tumbles To $44 Handle After Saudis Confirm “No Decision” Next Week, Fed Crackdown On Bank Commodity Holdings

Friday, September 23, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Sep 23, 2016 We hinted earlier and now Saudi Arabia has confirmed that it “doesn’t expect any decision” next week when oil producers meet in Algiers. Oil’s reaction was swift with WTI tumbling to a $44 handle very quickly. Losses extended when The Fed confirmed its crackdown on bank commodity... »

Texas quakes man-made, caused by wastewater injections – satellite data

Friday, September 23, 2016
By Paul Martin

RT.com 23 Sep, 2016 Five earthquakes which shook Texas in 2012 and 2013 were caused by wastewater injections during drilling for oil and gas, scientists said after analyzing satellite radar data. A series of earthquakes struck near the town of Timpson in eastern Texas over the course of a year and a half, with... »

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