Oil
GET READY FOR TURBULENT MARKETS IN 2019: Gold and Silver To Outperform Most Assets
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
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
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
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
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... »
Shale Under Pressure As WTI Flash-Crashes Below $50 For 2nd Time Today
by Tyler Durden ZeroHedge.com Tue, 12/18/2018 Xi’s speech did not help (with no growth measures revealed) but oil markets seem extremely fragile this morning having broken below $50 and flash-crashed for the second time in a few hours. “The oil market has come under renewed pressure” and “a large part of the move is... »
Oil will skyrocket to $300 if OPEC-Russia alliance disbanded, Saudi institute claims
RT.com 18 Dec, 2018 Without the Organization of the Petroleum Exporting Countries (OPEC) the world will lose its safety net that stabilizes the oil market from supply disruptions and other shocks, according to Saudi independent energy think tank. “Our analysis shows that back in 2011-2012, when Libya experienced supply disruptions, prices for crude could... »
Why America is the new Middle East in terms of oil production: World’s largest reserves just discovered under Texas
by: Ethan Huff NaturalNews.com Wednesday, December 12, 2018 For the first time since 1973, the United States now leads the world in terms of oil production. And according to reports, we have the ground underneath Western Texas and Eastern New Mexico to thank. A new assessment by the U.S. Geological Survey (USGS) estimates that... »
Gold And Silver Prices Rise As The Markets And Oil Decline
By: Steve St. Angelo GoldSeek.com Sunday, 9 December 2018 Over the past week, the gold and silver prices have held up rather well compared to the overall markets. While precious metals investors still fear that a huge sell-off in the gold and silver prices will take place during the next market crash, it seems... »
World War 3: Iran threatens to CUT oil OFF to USA in staggering move – Trump FURIOUS
IRAN threatened to cut off ALL Gulf oil to the USA today in a SHOCK move that will infuriate Donald Trump and potentially spark war moves between the two nations. By CHARLIE BUCKLE Express.co.uk Tue, Dec 4, 2018 Iran’s President Hassan Rouhani struck a defiant stance against US sanctions, renewing his threat to cut... »
Follow us on Twitter
