Syrian War: ‘Nothing to Do With Daesh, It is Energy Battle for Future Pipelines’

Tuesday, September 6, 2016
By Paul Martin

SputnikNews.com 06.09.2016 German online newspaper Deutsche Wirtschafts Nachrichten has provided its own analysis on the developments in Syria, noting that the severest clashes occur only in places of major pipelines or where new routes are planned to run; hence it says, the conflict is nothing more than a fight for the best positions to... »

Crude Retraces Saudi-Russia Hope Spike As Traders Slash Bullish Bets By Most In 2 Years

Monday, September 5, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Sep 5, 2016 Having spiked over 5% on hopes of a “significant” announcement at a joint Russia-Saudi statement at the G-20 meeting, bulls were quickly disappointed, sending WTI back to a $44 handle as the two nations stopped short of taking any concrete steps to limit output. The inability to... »

Oil price jumps after Russia & Saudi Arabia create market stability task force

Monday, September 5, 2016
By Paul Martin

RT.com 5 Sep, 2016 Moscow and Riyadh made a joint statement on Monday at the G20 summit in China calling for cooperation to support the oil markets. They agreed to set up a task force to review oil market fundamentals, recommending measures and actions for oil market stability, including a production freeze. The report... »

Oklahoma’s strongest ever earthquake is felt across seven states after experts warned fracking could lead to increase in seismic activity

Saturday, September 3, 2016
By Paul Martin

United States Geological Survey said a 5.6 magnitude earthquake happened at 7.02am Saturday The quake was centered about 9 miles northwest of Pawnee, Oklahoma, which has a population of about 2,200 People in Kansas City and St. Louis, Missouri; Fayetteville, Arkansas; Des Moines, Iowa; and Norman, Oklahoma, all reported feeling the earthquake No injuries... »

How Millennials Could Bring The Oil Industry To Its Knees

Friday, September 2, 2016
By Paul Martin

by Julianne Geiger via OilPrice.com, ZeroHedge.com Sep 2, 2016 Maybe in better times, the staggering population of the millennial demographic would be a hurdle over which Big Oil could easily leap. But times are tough, and that isn’t our today. Today, we have Saudi Arabia, Iran, and OPEC officials swaying the oil market with... »

‘Everything is black’ Apocalyptic scenes as ISIS torch oil wells while fighters flee

Thursday, September 1, 2016
By Paul Martin

ISLAMIC STATE fanatics attempted to burn an Iraqi town to the ground after they were forced to abandoned it by advancing government forces. By JOE BARNES Express.co.uk Thu, Sep 1, 2016 The Iraqi Army’s Twitter account posted images of smoke billowing into the sky after members of the bloodthirsty terror network ruptured pipelines and... »

Oil Plunges Under $45 – Near Saudi-Short-Squeeze-Lows

Wednesday, August 31, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Aug 31, 2016 After the biggest short squeeze in history – thanks to a well-placed and entirely useless Saudi statement about OPEC freeze discussions – oil prices have slipped notably – now back below $45 once again… As we said before – the short-squeeze ammo has run out – and... »

Oil Extends Losses As ‘Short-Squeeze’ Ammo Is Now Exhausted

Monday, August 29, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Aug 29, 2016 WTI Crude is now down 6% from last week’s highs, back below $47 as supply concerns (Abu Dhabi production rise and ConocoPhilips’ CEO comments) and OPEC freeze talks doubts have combined with the biggest collapse in speculative short positions in history (following the Saudi statement) – removing... »

Explosion rocks California’s largest oil refinery, investigation underway

Saturday, August 27, 2016
By Paul Martin

RT.com 27 Aug, 2016 An explosion at an oil refinery in Los Angeles sent a cloud of chemicals, including sulfur, into the air. No injuries were reported, but members of the public were advised to stay indoors as a precaution. The blast took place on Friday afternoon when a sulfur tanks exploded at the... »

Oil Spikes On Iran Report Saudi Aramco Facilities Hit By Yemen Missiles

Friday, August 26, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Aug 26, 2016 Yemeni forces have fired ballistic missiles at the facilities belonging to the Saudi state oil giant Aramco in the kingdom’s southwest, Iran’s PressTV report. The retaliatory attack took place on Friday, hitting targets in Saudi Arabia’s Jizan region and causing considerable damage to the Aramco facilities there,... »

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