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Saudi Arabia was supposed to pump almost 14 mb/d in 2018
Saudi Arabia was supposed to pump almost 14 mb/d in 2018 We have to dig a little bit into history to see the context of this remarkable tweet whereby we have to switch between events and later, delayed analysis with the benefit of hindsight. 10 years ago GW Bush visited Saudi Arabia: Fig 2: Sword […]
US, Iran Clash in Hormuz Strait: Not an Improbable Scenario
US, Iran Clash in Hormuz Strait: Not an Improbable Scenario The US remains adamant in its desire to cut Iran’s oil exports to zero, even if it hurts importing countries. America’s secondary sanctions on firms dealing with Iran would “snap back” on August 6 for trade in cars and metals and on November 4 for oil and […]
Saudi Arabia Won’t Bring 2 Million Bpd Online
Saudi Arabia Won’t Bring 2 Million Bpd Online President Trump said in a tweet on Saturday that Saudi Arabia agreed to boost oil production by 2 million barrels per day (mb/d), a claim that surely came as news to the Saudis. ✔ Just spoke to King Salman of Saudi Arabia and explained to him that, […]
Iran Furious After Trump Calls Saudi King, Demands 2MM Barrel Production Boost
Iran Furious After Trump Calls Saudi King, Demands 2MM Barrel Production Boost Update: as expected, it did not take long for Iran – which has the most to lose from any Saudi output hike which would not only send the price of oil lower but also allow Riyadh to capture Iran’s sanctioned market share – […]
The Saudis Won’t Prevent The Next Oil Shock
The Saudis Won’t Prevent The Next Oil Shock Saudi Arabia is starting to panic, and is growing concerned that the growing number of supply disruptions around the world could cause oil prices to spike. Saudi Arabia is moving quickly to head off a supply crunch, aiming to dramatically ramp up production to a record high […]
Yemeni Suffering Made Easy
Yemeni Suffering Made Easy Photo Source Felton Davis | CC BY 2.0 The Saudi and UAE-led operationto retake the rebel-held port city of Hodeidah, which could jeopardize the lives of hundreds of thousands of civilians, represents more than the latest tragic chapter in Yemen’s civil war. It is the fully expected outcome of several Western […]
OPEC “Deal” Ends With Output Confusion, Sets Stage For “Deal Unraveling”
OPEC “Deal” Ends With Output Confusion, Sets Stage For “Deal Unraveling” Just 24 hours after OPEC appeared on the edge of splintering, Iran seemed to cave and in a deal that was described as a victory for everyone, OPEC member states and Russia provided a vague assurance they would boost output by striving to return […]
Western Media Whitewash Yemen Genocide
Western Media Whitewash Yemen Genocide With the United Nations warning that millions of civilians could die from violence or starvation from the ongoing military siege of the Yemeni port city of Hodeida, there is no other way to describe what is happening except as “genocide”. The more than three-year war on Yemen waged by a […]
The Saudi-UAE Alliance is the Most Dangerous Force in the Middle East Today
The Saudi-UAE Alliance is the Most Dangerous Force in the Middle East Today The latest: they are bombing a port that accounts for 80 percent of the food and aid trickling into starving Yemen. Prince Salman meets with officials at the U.S. Department of Defense (DoD/Photo by Senior Master Sgt. Adrian Cadiz) For three years, […]
Trump Slams OPEC Again, Demands Lower Prices: “Oil Prices Are Too High, OPEC Is At It Again”
Trump Slams OPEC Again, Demands Lower Prices: “Oil Prices Are Too High, OPEC Is At It Again” Nearly two months after Trump drew a line in the sand on oil prices, when on April 20 he lashed out at OPEC, tweeting that “Oil prices are artificially Very High! No good and will not be accepted!”which […]
Saudi Oil Production Jumps In June Despite Drop In Oil Demand: OPEC
Saudi Oil Production Jumps In June Despite Drop In Oil Demand: OPEC It will probably not come as a surprise that at a time when both Trump, and Saudi Arabia, are pressing OPEC to reverse the 1.5 year long OPEC agreement and pump more oil so US gasoline prices dont soar in the summer months, […]
More Than Just Russia–There’s a Strong Case for the Trump Team Colluding with Saudi Arabia, Israel, and the UAE
MORE THAN JUST RUSSIA — THERE’S A STRONG CASE FOR THE TRUMP TEAM COLLUDING WITH SAUDI ARABIA, ISRAEL, AND THE UAE DONALD TRUMP HAS fully embraced both official, legalized corruption as well as good, old garden-variety individual corruption. Did Trump directly conspire with Vladimir Putin and Russia to influence the 2016 election? That is certainly […]
Next Stage of Pressure on Iran – Lower Oil Prices
Next Stage of Pressure on Iran – Lower Oil Prices President Trump is stepping up his attack on Iran. He’s now planning the long-game for maximum pressure. The news that Trump quietly asked Saudi Arabia to ramp up output by 1 million barrels a day is the key. From the analysis at Oilprice.com: Saudi Arabia and […]
US Debating Whether To Expand Military Presence In Yemen
US Debating Whether To Expand Military Presence In Yemen As if the US hasn’t already done enough to exacerbate the humanitarian crisis raging in Yemen, the Wall Street Journal reported Monday that the Trump Administration is considering a request by the United Arab Emirates for “direct US support” as a coalition of Sunni majority nations […]
