Oil

Texan Oil Companies Forced To Keep Staff Home As Second Wave Hits

Thursday, June 25, 2020
By Paul Martin

by Irina Slav via OilPrice.com, ZeroHedge.com Thu, 06/25/2020 Amid record-breaking additions to the new Covid-19 case count in Texas, oil companies in the state have suspended plans to return staff to offices, Reuters reports. Health officials in the state reported a record-high number of newly diagnosed cases yesterday, at 5,551, with another 4,389 people... »

Global Monetary System, As You Know It, Ended – Bo Polny

Sunday, May 17, 2020
By Paul Martin

By Greg Hunter USAWatchdog.com May 17, 2020 Cycle expert and financial analyst Bo Polny predicted in late March “something epic is going to happen on April 21st.” Something did happen that had never happened before. Oil went to $0 per barrel, and the contract for oil expired at around -$37 per barrel. Polny says,... »

“We Are Moving Into The End-Game”: 27 Tankers Anchored Off California, Hundreds Off Singapore As Oil Industry Shuts Down

Sunday, April 26, 2020
By Paul Martin
“We Are Moving Into The End-Game”: 27 Tankers Anchored Off California, Hundreds Off Singapore As Oil Industry Shuts Down

by Tyler Durden ZeroHedge.com Sun, 04/26/2020 Back in the late fall of 2014, when Saudi Arabia broke up OPEC for the first time and unleashed a torrent of crude oil on the world despite the protests of its fellow cartel members, oil prices crashed as a result of what then seemed to be a... »

Ripe For Chaos: How The Great Reset Will Shake Us To Our Core…”We are literally watching a TEOTWAWKI event transpire right before our eyes.”

Thursday, April 23, 2020
By Paul Martin
Ripe For Chaos: How The Great Reset Will Shake Us To Our Core…”We are literally watching a TEOTWAWKI event transpire right before our eyes.”

TESS PENNINGTON READY NUTRITION April 20th, 2020 There is a new cog in the failing machine. We watched as COVID literally put a stop to the airline industry, car, shipping, and trucking traffic as well as manufacturing production thus severely limiting the demand for oil. As a result, U.S. crude oil prices dropped nearly... »

“Yesterday Was Scary, Today Is A Lot More Scary”: Black Gold Bloodbath As ‘Paper’ Oil Plunges Everywhere

Tuesday, April 21, 2020
By Paul Martin
“Yesterday Was Scary, Today Is A Lot More Scary”: Black Gold Bloodbath As ‘Paper’ Oil Plunges Everywhere

by Tyler Durden ZeroHedge.com Tue, 04/21/2020 Forget Turnaround Tuesday. Oil is a “dangerous market to trade in right now,” said Pierre Andurand, founder of Andurand Capital Management LLP, in a Bloomberg TV interview. The market needs shutins to happen now, he said. “This has changed everything,” said Monica Malik, chief economist at Abu Dhabi... »

The Oil Price Collapse Is Yet Another Sign That Economic Activity Is Crashing Dramatically All Over The World

Tuesday, April 21, 2020
By Paul Martin

by Michael Snyder TheEconomicCollapseBlog.com April 20, 2020 The insanity that we are currently witnessing in the financial markets is difficult to believe. Personally, even though I operate a website called “The Economic Collapse Blog” and I write about these things every day, when someone told me that the price of oil had fallen below... »

Oil wipe out sees prices plunge -220% to -$37 / barrel… ECONOMIC WARFARE has been unleashed against America

Monday, April 20, 2020
By Paul Martin
Oil wipe out sees prices plunge -220% to -$37 / barrel… ECONOMIC WARFARE has been unleashed against America

by: Mike Adams NaturalNews.com Monday, April 20, 2020 Something happened today that will never happen again in your lifetime. Crude oil just plunged from over $20 / barrel down to -$37 / barrel in a matter of a couple of hours. This means oil companies must now pay others to haul away their oil.... »

May WTI Contract Crashes To $1; Alaska, Bakken, & Edmonton All Pricing Negative

Monday, April 20, 2020
By Paul Martin
May WTI Contract Crashes To $1; Alaska, Bakken, & Edmonton All Pricing Negative

by Tyler Durden ZeroHedge.com Mon, 04/20/2020 Update (1335ET): WTF WTI! The May contract just traded at $1.03… It was $10 90 minutes ago! The prompt spread (May-June) is now at a record $20… And now Alaska, Bakken, and Edmonton are all trading negative »

One-two punch: Coronavirus, price war send oil prices to 18-year low

Tuesday, March 31, 2020
By Paul Martin

by: Franz Walker NaturalNews.com Tuesday, March 31, 2020 The economic slowdown brought about by the global coronavirus pandemic, compounded with the price war between Saudi Arabia and Russia, has sent oil prices into an 18-year low Monday. This was crude-oil future’s biggest percentage drop on record for any month or quarter, according to Dow... »

Trading STOPS for 15 minutes as Dow craters 2,000 points amid coronavirus ‘pandemonium’ and Saudi-Russia oil price war – but STILL Trump blames fake news and Democrats for ‘inflaming’ crisis

Monday, March 9, 2020
By Paul Martin
Trading STOPS for 15 minutes as Dow craters 2,000 points amid coronavirus ‘pandemonium’ and Saudi-Russia oil price war – but STILL Trump blames fake news and Democrats for ‘inflaming’ crisis

The Dow Jones Industrial Index opened on a loss of more than 1700 points on Monday The sudden downturn triggered circuit breakers which halted trading for 15 minutes to stop the markets free-falling When trading resumed, it fell further briefly, marking a loss of 2,000 points The volatility has been sparked by a combination... »

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter