Oil

Big Red Flag For Crude Bulls: Chinese Oil Refining Tumbles Most In Three Years As Fuel Demand Slides

Monday, August 14, 2017
By Paul Martin

by Tyler Durden ZeroHedge.com Aug 14, 2017 Slowly but surely, what we have claimed for the past year – that it is the demand side of the oil equation, not the supply, and especially the “Chinese wildcard” that is the critical factor in setting prices – is starting to emerge and be factored in... »

All About Oil: WikiLeaks Reveals US Objectives in Caracas as Regime Change Looms

Thursday, August 3, 2017
By Paul Martin

SputnikNews.com 03.08.2017 WikiLeaks has published an excerpt from a 1988 cable between the US State Department and its Caracas embassy – “US Goals, Objectives and Resource Management for Venezuela” – which highlights the significance of Venezuela’s oil reserves to US rulers. The cable makes clear the main goal of US-Venezuela relations is to ensure... »

Anti-Russia Sanctions Will Destroy US Petrodollar & the Economy—Get Ready for $10 Gas

Tuesday, August 1, 2017
By Paul Martin

Tuesday morning, Pence announced Trump is going to sign the Russian sanctions bill. This will guarantee the end of the US petrodollar. By Jay Syrmopoulos TheFreeThoughtProject.com August 1, 2017 Washington, D.C. – The United States is on the precipice of pushing the Sino-Russo alliance closer than ever with the Senate’s almost unanimous approval of... »

Saudi Arabia’s Aramco IPO could be the trigger to both ending the petrodollar, and ushering in gold backed Chinese RMB

Monday, July 31, 2017
By Paul Martin

BY KEN SCHORTGEN TheDailyCoin.org JULY 31, 2017 There is some very interesting analysis emerging from two viable sources that shows that the ending of the petrodollar, along with the introduction of a gold backed Chinese currency, could be intrinsically tied to Saudi Arabia’s planned IPO of their Aramco oil conglomerate. On July 30, economist... »

Oil & Gas Earnings Expectations Are Collapsing

Friday, July 28, 2017
By Paul Martin

by Tyler Durden ZeroHedge.com Jul 28, 2017 Much of the recent ebulient narrative about equity markets has been based on the promise of an earnings rebound – due to beneficial comps in the oil & gas sector. That narrative just hit a wall… As Bloomberg notes, analysts haven’t rushed to upgrade their outlook on... »

Is Big Oil planning its Funeral by ignoring the obvious?

Friday, July 28, 2017
By Paul Martin

By: Sol Palha, Tactical Investor GoldSeek.com 28 July 2017 Many of the reports published that cover oil consumption and how quickly consumers will embrace Electric Vehicles (EV) paint a far rosier outlook for the future of oil than the facts dictate. The reason is simple; most of these reports tend to be written or... »

Saudi Arabia SLASHES oil exports in desperate bid to rescue crumbling economy

Tuesday, July 25, 2017
By Paul Martin

SAUDI Arabia has promised new measures in a desperate bid to drive up worldwide oil prices, as the kingdom becomes increasingly desperate for income. By LANA CLEMENTS Express.co.uk Tue, Jul 25, 2017 The Arab state is slashing its oil exports by hundreds of thousands of barrels a day next month in the hope of... »

Three California counties putting the ENTIRE world economy at risk with $54 billion lawsuit against oil and coal companies

Monday, July 24, 2017
By Paul Martin

by: JD Heyes NaturalNews.com Sunday, July 23, 2017 Without a doubt, fossil fuels – oil and coal, primarily – drove the industrial and technological revolutions of the past 150 years, and they continue to support the advancement of economies around the world today, while making life for billions of people more comfortable than at... »

Saudi Arabia in crisis: OPEC’s plot to raise oil prices FAILS as cartel meets in Russia

Monday, July 24, 2017
By Paul Martin

SAUDI Arabia’s risky plot to raise oil prices to save its economy has failed sending the country into crisis. By LANA CLEMENTS Express.co.uk Mon, Jul 24, 2017 The OPEC (Organization of the Petroleum Exporting Countries) cartel led by Saudi Arabia is meeting for crisis talks in Russia as the value of the so-called black... »

FAKE NEWS: In Bizarre Rant, Schumer Claims Gas Prices ‘Never Go Down,’ Despite 12-Year Low Under POTUS (VIDEO)

Sunday, July 23, 2017
By Paul Martin

Joshua Caplan TheGatewayPundit.com Jul 23rd, 2017 Senate Minority Leader Chuck Schumer appeared on ABC’s “This Week” with George Stephanopoulos to preview the Democrat’s new economic agenda. Or so he tried. In a bizarre, rambling rant, Schumer claimed Democrats will propose the creation of a “special, special office” to crack down on drug prices. Schumer... »