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U.S. And OPEC Flood Oil Market Ahead Of Midterms
U.S. And OPEC Flood Oil Market Ahead Of Midterms OPEC and the U.S. are together adding enormous volumes of new supply, which together have softened the oil market. In October, OPEC hiked oil production to the highest level since 2016, back before the oil production cuts went into effect, according to a recent Reuters survey. […]
Russia, India And Iran To Cooperate On New Trade Route Alternative To Suez Canal
Russia, India And Iran To Cooperate On New Trade Route Alternative To Suez Canal After their leaders pledged to strengthen bilateral trade and military cooperation at a bilateral summit last month, Russia and India announced earlier this week that they had sealed a long-discussed $6 billion arms deal despite threats of economic sanctions from Washington. […]
Mossad Assisted Denmark In Thwarting Terror Plot; Iran Slams Allegation As “False Flag”
Mossad Assisted Denmark In Thwarting Terror Plot; Iran Slams Allegation As “False Flag” Mossad has claimed responsibility for tipping off Danish authorities after they thwarted an alleged terror plot by Tehran to assassinate three opposition figures living in Denmark, according to a senior Israeli intelligence official quoted in the Times of Israel. This comes days after […]
US Approves Waivers On Iranian Oil Imports As Supply Panic Fades
US Approves Waivers On Iranian Oil Imports As Supply Panic Fades With oil prices already extending the drop from their highs as the trader “panic attack” identified by celebrated energy analyst Art Berman abates, and approaching a bear market from recent highs, a Friday morning report from Bloomberg will likely ensure that prices continue to […]
Trump: There’s Enough Oil To Offset Iran Loss
Trump: There’s Enough Oil To Offset Iran Loss President Donald Trump has determined there was enough crude oil and oil products supply globally to offset any loss of supply from Iran after U.S. sanctions enter into force next week. In a memorandum, Trump said “there is a sufficient supply of petroleum and petroleum products from […]
US Blames Iran For Impoverishing Civilians While Prepping Further Sanctions
US Blames Iran For Impoverishing Civilians While Prepping Further Sanctions The United States government is preparing to implement an additional level of sanctions against Iran for its refusal to meet a dozen demands that are so absurdly unreasonable that they have been called a regime change policy in all but name. The sanctions which have […]
Iran’s Worst Nightmare Is Coming True
Iran’s Worst Nightmare Is Coming True In what must seem like a nightmare scenario for Iran, not only is another U.S. president leveling sanctions against its economy, and particularly that economy’s lifeblood, its oil sector, but the current U.S. president has admittedly made it his mission to drive Tehran to its knees over what he […]
Why Oil Prices Could Still Go Lower
Why Oil Prices Could Still Go Lower Crude markets had a panic attack in August and September that sent prices soaring. Sanity is now returning. Prices have fallen but are likely to move even lower over the next few months. The panic attack was caused largely by Trump’s August 7 announcement that sanctions would be […]
Big Oil Walking A Tightrope As Prices Rise
Big Oil Walking A Tightrope As Prices Rise Supermajors have had a great year so far, and their third-quarter results, to be released over the next couple of weeks, are likely to strengthen this impression. But this does not necessarily mean that investors will reward them. Investors have become a lot more careful in the […]
The Middle East, Not Russia, Will Prove Trump’s Downfall
The Middle East, Not Russia, Will Prove Trump’s Downfall Photo Source The White House | CC BY 2.0 The Middle East has a century old tradition of being the political graveyard of American and British political leaders. The list of casualties is long: Lloyd George, Anthony Eden, Jimmy Carter, Ronald Reagan, Tony Blair and George W Bush. All […]
Facebook’s New Troll-Crushing “War Room” Confirms Surveillance By Corporation Is The New America
Facebook’s New Troll-Crushing “War Room” Confirms Surveillance By Corporation Is The New America Facebook on Wednesday briefed journalists on its latest attempt to stop fake news during the election season, offering an exclusive tour of a windowless conference room at its California headquarters, packed with millennials monitoring Facebook user behavior trends around the clock, said The Verge. […]
War Plans on Iran Mean Trump and Saudis Coordinating Cover-up of Khashoggi Killing
War Plans on Iran Mean Trump and Saudis Coordinating Cover-up of Khashoggi Killing Finally, nearly three weeks after what most of the world suspected to be a foul murder, the Saudi regime has officially admitted that Jamal Khashoggi was killed in its consulate in Istanbul, Turkey. No sooner had the Saudis issued their latest lie […]
US Is Negotiating With SWIFT To Disconnect Iran From Network
US Is Negotiating With SWIFT To Disconnect Iran From Network Treasury Secretary Steven Mnuchin said that unlike Obama’s 2013 Iran blockade, it would be harder for countries to get waivers on Iran oil sanctions as the US is already working on disconnecting Iran from the SWIFT network and dismissed concerns that oil prices could rise, […]
Germany Clashes With The U.S. Over Energy Geopolitics
Germany Clashes With The U.S. Over Energy Geopolitics The United States and the European Union (EU) are at odds over more than just the Iran nuclear deal – tensions surrounding energy policy have also become a flashpoint for the two global powerhouses. In energy policy, the U.S. has been opposing the Gazprom-led and highly controversial […]
Opinion: Powell has lost his North Star, and the Fed is flying blind
Opinion: Powell has lost his North Star, and the Fed is flying blind The Fed risks raising interest rates too much as the compass spins wildly STAN HONDA/AFP/Getty ImagesStars appear to rotate around Polaris, the North Star, in this time exposure of the Kitt Peak National Observatory near Tucson, Ariz. Federal Reserve Chairman Jerome Powell […]
