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Iranian Oil Tanker Struck By 2 Missiles Near Saudi Port
Iranian Oil Tanker Struck By 2 Missiles Near Saudi Port Many questions remained unanswered early Friday after an attack on an Iranian oil tanker in the Red Sea sent oil prices higher, in the latest attack on energy-industry infrastructure in an increasingly volatile part of the world. According to the New York Times, a fire erupted […]
The Attacks on Abqaiq and Peak oil in Ghawar
The Attacks on Abqaiq and Peak oil in Ghawar When the late Houston based investment banker Matt Simmons wrote his 2005 book “Twilight in the desert, the coming Saudi oil shock and the World economy” he could not have imagined that Saudi Arabia would be threatened by a pre-dawn drone & missile attack on a […]
Three Saudi Brigades Annihilated in Devastating Houthi Offensive in Saudi Arabia
Three Saudi Brigades Annihilated in Devastating Houthi Offensive in Saudi Arabia Many may have hitherto been led to believe that the Houthis were a ragtag armed force lacking in sophistication. Many, seeing the drone and missile attacks on Saudi oil plants, may have declared it to be a false-flag attack carried out by Riyadh to […]
MbS: War With Iran Would Send Oil To Highs “That We Haven’t Seen In Our Lifetimes”
MbS: War With Iran Would Send Oil To Highs “That We Haven’t Seen In Our Lifetimes” In an interview that aired just days before the one-year anniversary of Saudi journalist Jamal Khashoggi’s disappearance and presumed murder, Saudi Crown Prince Mohammad bin Salman sat for an interview with 60 Minutes – reportedly the most extensive interview he has […]
Peak oil in Asia: where will the oil come from for the Asian Century?
Peak oil in Asia: where will the oil come from for the Asian Century? Asian oil production peaked above 8 mb/d for the period between 2008 and 2016 (with spikes in 2010 and 2015). The 2015 peak was mainly caused by peak oil in China. Since then Asia’s decline was almost 800 kb/d or 9%. […]
Oil Set To Spike After Report Saudi Repairs At Abqaiq May Take “Up To Eight Months”
Oil Set To Spike After Report Saudi Repairs At Abqaiq May Take “Up To Eight Months” While S&P futures may spike at the open following Saturday’s news from the NYT that the “the delegation of Chinese agriculture officials that had planned to travel to Montana and Nebraska in the coming week didn’t cancel the trip […]
US Defends Your Freedom By Using Troops As Saudi Oil Security Guards
US Defends Your Freedom By Using Troops As Saudi Oil Security Guards If you’ve been lying awake at night terrified that the Pentagon might not send additional troops and armaments to defend oil corporations in Saudi Arabia and the United Arab Emirates, I’ve got some great news for you. In response to an attack on Saudi […]
“Suspiciously Well Placed”: First Images Of Crippling Damage To Giant Khurais Oil Field Revealed
“Suspiciously Well Placed”: First Images Of Crippling Damage To Giant Khurais Oil Field Revealed Much of the attention concerning the crippling damage to Saudi Aramco facilities struck in last week’s aerial attack ultimately blamed on “Iranian sponsorship” by US and Saudi officials has focused on Abqaiq processing plant, but on Friday the first on the ground […]
Who Really Benefits From The “Iran Attacked Saudi Arabia” Narrative?
Who Really Benefits From The “Iran Attacked Saudi Arabia” Narrative? After 9/11 the concept of the “false flag attack” gained prominence in American culture, and ever since, more and more people are starting to question the official narrative whenever new crisis events occur. It is possible that this is why there has not been another […]
Blain’s Morning Porridge – September 18th 2019
Blain’s Morning Porridge – September 18th 2019 “There is no equilibrium, we invest into unstable constantly changing markets. ” Why so Calm? Even as the Fed meeting pondered raising rates by a smidge, it had to intervene to pump money into the short-term US financial system for the first time since the 2008 crisis. That’s […]
Why Would Iran Attack the Saudis NOW?
Why Would Iran Attack the Saudis NOW? U.S. officials claim that the attacks against Saudi oil facilities were launched from Iranian soil. Are they right? We have no idea at this point, as the U.S. government hasn’t released any evidence. But given that the U.S. and 23 other countries have ADMITTED to carrying out false flag attacks before – […]
Houthis Say It’s Not Over – Saudi Oil “Still Within Range”; Iraq Denies Its Territory Used
Houthis Say It’s Not Over – Saudi Oil “Still Within Range”; Iraq Denies Its Territory Used While US officials were quick out of the gate to allege an Iranian attack on Saudi Aramco facilities launched from Iraq early Saturday, a theory which the WSJ said was focus of an ongoing US-Saudi investigation, Iraq’s government issued a firm denial on Sunday, […]
Iran War Imminent? Trump Says US “Locked And Loaded” To Respond To Saudi Attack
Iran War Imminent? Trump Says US “Locked And Loaded” To Respond To Saudi Attack Just as the price of oil was settling down from its record surge, it spiked once again, following a tweet by president Trump which has made war with Iran virtually inevitable. Just before 7pm, Trump tweeted that “Saudi Arabia oil supply […]
How Much Will Oil Surge When Trading Reopens
How Much Will Oil Surge When Trading Reopens Now that Goldman has successfully sparked a near-frenzy of chaos, confusion (and market buy orders) ahead of tonight’s trading open, the only question is how high will oil surge. And according to some preliminary estimates, oil analysts expect crude prices to jump at least $5 to $10 a barrel […]
Goldman Goes “Lehman Weekend” On Oil: Expects Chaos When Trading Reopens
Goldman Goes “Lehman Weekend” On Oil: Expects Chaos When Trading Reopens Exactly 11 years to the day since traders organized an emergency impromptu CDS unwind session ahead of Lehman’s shocking September 15, 2008 bankruptcy filing, major banks are preparing for similar chaos, only this time in the crude oil market in the aftermath of Saturday’s […]
