Oil

Pence Urges Global Freeze On Venezuelan Oil; Vows Return Of “Every Last Dollar” To Opposition

Tuesday, February 26, 2019
By Paul Martin

by Tyler Durden ZeroHedge.com Tue, 02/26/2019 As expected the Lima Group summit hosted in Bogota, Colombia on Monday became a collective Venezuelan regime change strategy session following the weekend showdown over US humanitarian aid entering the country, which led to riots on bridges at border points Saturday. Previously promising to announce at the meeting... »

12 Empty Supertankers Tell Us Everything We Need To Know About The Oil Market

Sunday, February 24, 2019
By Paul Martin

by Tyler Durden ZeroHedge.com Sun, 02/24/2019 As the US battles with its OPEC+ rivals over the direction of global oil prices (Trump wants to keep oil prices subdued, while Saudi Arabia and Russia, reeling from years of prices too low to balance their budgets, are desperately hoping to push them higher with another round... »

The Coming US-China Proxy War In Venezuela

Sunday, February 3, 2019
By Paul Martin

by Tyler Durden ZeroHedge.com Sat, 02/02/2019 China won’t give up on embattled Venezuelan president Nicolas Maduro anytime soon even as the US-led international noose of “delegitimizing” hangs around the socialist strongman, according to government statements released on Friday. Beijing reaffirmed it maintains “normal state-to-state relations” and cooperation between the two sides “shouldn’t be undermined... »

Venezuela CRISIS: Oil ‘TICKING TIME BOMB’ set to detonate with rapid ‘PRICE REACTION’

Monday, January 28, 2019
By Paul Martin

VENEZUELA could spark an oil “price reaction” as political turmoil continues to grip the crisis-hit South American nation, according to an analyst. By LEVI WINCHESTER Express.co.uk Mon, Jan 28, 2019 The cash-strapped nation is currently in the midst of a political meltdown with President Nicolas Maduro confronting an unprecedented challenge to his authority after... »

Art Berman: Exposing The False Promise Of Shale Oil

Thursday, January 17, 2019
By Paul Martin

by Adam Taggart via PeakProsperity.com, ZeroHedge.com Thu, 01/17/2019 Estimates of recoverable oil are proving wildly wrong… Art Berman, geological consultant with over 37 years experience in petroleum exploration and production, returns to the podcast this week to debunk much of the hopium currently surrounding America’s shale oil output. Because the US is pinning huge... »

GET READY FOR TURBULENT MARKETS IN 2019: Gold and Silver To Outperform Most Assets

Tuesday, January 15, 2019
By Paul Martin

By: Steve St. Angelo GoldSeek.com Tuesday, 15 January 2019 Investors should prepare for crazy and turbulent markets in 2019. As the correction in the broader markets picks up speed and heads much lower, investor worry will start to turn into fear. At this point, the precious metals will likely disconnect from the markets and... »

Bloodbath in oil & gas stocks could continue

Saturday, January 5, 2019
By Paul Martin

RT.com 5 Jan, 2019 For much of 2018, investors probably thought they had a strong bet in the energy complex. But that bet badly turned sour in the final 60 days of the year. The spot energy index in the S&P Goldman Sachs Commodity Index (GSCI) gained 25 percent between January and October. But... »

Oil Tanker Firms Scrap Most Ships In Three Decades

Sunday, December 30, 2018
By Paul Martin

by Tyler Durden ZeroHedge.com Sun, 12/30/2018 Companies around the world have scrapped a record number of large crude tankers in 2018. About 100 vessels of the industry’s main crude carriers have been sent to India and Bangladesh for demolition, according to data from Clarkson Research Services Ltd., the statistical and research service arm of... »

The U.S. Shale Oil Industry Bloodbath Spreads As Oil Price Meltdown Continues

Friday, December 21, 2018
By Paul Martin

By: Steve St. Angelo GoldSeek.com Friday, 21 December 2018 There is no better way to describe what is currently taking place in the U.S. Shale Oil Industry, then a bloodbath. Unfortunately, if the situation wasn’t bad enough for the shale oil industry when prices were 30-40% higher, today it’s a complete disaster. While some... »

Oil prices slide to lowest point in 18 months after US Fed raises rates

Friday, December 21, 2018
By Paul Martin

RT.com 21 Dec, 2018 Oil prices slumped on Friday with the Brent crude benchmark falling to the lowest point in 18 months – below $53 per barrel. It comes after the US Federal Reserve hiked interest rates, spooking the market. US crude benchmark West Texas Intermediate (WTI) fell nearly 1 percent to $45.32 a... »

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