Oil

Oil prices could double if Middle East conflict escalates

Saturday, November 18, 2017
By Paul Martin

RT.com 18 Nov, 2017 Barrel traders recently pushed the price of West Texas Intermediate (WTI) oil above $55; the first time in over two years. Scarcity doesn’t really justify the upward price movement. There isn’t a shortage of oil in the world. But there could be, in the worst case, if missiles start flying... »

War between Iran & Saudi Arabia could send oil to $300 per barrel & impoverish the world

Wednesday, November 15, 2017
By Paul Martin

RT.com 15 Nov, 2017 An armed conflict between Riyadh and Tehran would have a major impact on oil markets and the global economy. RT asked experts what a war between the two Middle East superpowers would mean for crude prices. If a conflict happens, oil prices could increase 500 percent. “Energy prices will seriously... »

U.S. SHALE OIL PRODUCTION UPDATE: Financial Carnage Continues To Gut Industry

Wednesday, November 15, 2017
By Paul Martin

By: Steve St. Angelo GoldSeek.com Wednesday, 15 November 2017 As the Mainstream media reports about the next phase of the glorious U.S. Shale Oil Revolution, the financial carnage continues to gut the industry deep down inside the entrails of its horizontal laterals. The stench of fracking fluid must be driving shale oil advocates utterly... »

IEA Pours Cold Water On OPEC Optimism, Warns Global Oil Demand Shrinking

Tuesday, November 14, 2017
By Paul Martin

by Tyler Durden ZeroHedge.com Nov 14, 2017 Pouring cold water on yesterday’s optimistic demand forecast projected by OPEC, which projected global crude demand growth to rise by 1.5mm b/d in 2018, this morning the International Energy Agency warned that the crude oil price rally could be short-lived because, contrary to OPEC’s expectations, global oil... »

“This Is A Dangerous Iranian Escalation”: Bahrain Blames Pipeline Explosion On Iran, Terrorists

Saturday, November 11, 2017
By Paul Martin

by Tyler Durden ZeroHedge.com Nov 11, 2017 There was something odd about Friday’s night’s explosion of an oil pipeline belonging to Bahrain’s state-run oil company BAPCO, which local authorities initially said was the result of an accident: as we said, the giant fireball had all the hallmarks of either sabotage or a terrorist event,... »

Jim Willie: Saudia Arabia Is Broke, Has No Friends, And Their Oil Reserves ARE LARGELY DEPLETED

Thursday, November 9, 2017
By Paul Martin

SilverDoctors.com November 9, 2017 Dr. Willie breaks down the recent Saudi Purge to show that all is not as it seems. Here’s why…Jim Willie of Golden Jackass joins Silver Doctors to discuss the Saudi Purge. “I think Saudi’s cooked,” he says. It is much more dark than is being reported in the MSM. Jim... »

Celente – This May Trigger Oil To Spike Over $100 A Barrel In A Matter Of Weeks, Igniting Gold & Cryptocurrencies

Wednesday, November 8, 2017
By Paul Martin

KingWorldNews.com November 08, 2017 Today the top trends forecaster in the world, Gerald Celente, warned this event may cause oil to spike over a $100 a barrel in a matter of weeks, igniting gold and cryptocurrencies. November 8 (King World News) – Gerald Celente: “Oil prices had jumped to two-year highs even before the... »

Is Korea Just A Smokescreen?

Tuesday, November 7, 2017
By Paul Martin

by Bryan McBride via Mises Canada, ZeroHedge.com Nov 6, 2017 Is Korea just a smokescreen? In my last article (Sticking the arson charge on a couple of patsies) I questioned why North Korea’s nuclear program was attracting such attention from the United States. North Korea is a very poor and backwards country whose bellicosity... »

Fund Manager Says That Real Or Imagined – Oil For Gold-Backed Chinese Yuan IS INEVITABLE

Tuesday, October 31, 2017
By Paul Martin

SilverDoctors.com October 30, 2017 Dave Kranzler takes a deeper look at the oil for gold-backed yuan story. Those who say “it’s pure myth” and those who claim “done deal” take note… by Dave Kranzler of Investment Research Dynamics By having control of the physical market for gold, China can threaten to use it to... »

“It’s A Huge Story”: China Launching “Petroyuan” In Two Months

Tuesday, October 24, 2017
By Paul Martin

by Tyler Durden ZeroHedge.com Oct 24, 2017 The World Bank’s former chief economist wants to replace the US dollar with a single global super-currency, saying it will create a more stable global financial system. “The dominance of the greenback is the root cause of global financial and economic crises,” Justin Yifu Lin told Bruegel,... »

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