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EU’s Oil Price Cap Creates a Price Cap… on Stupidity

EU’s Oil Price Cap Creates a Price Cap… on Stupidity MOSCOW, RUSSIA – DECEMBER 1, 2021: Russia’s Foreign Ministry Spokesperson Maria Zakharova gives a weekly press briefing. Russian Foreign Ministry/TASS The EU and the US went forward with their long-debated, long-telegraphed move to put a price cap on Russian oil at $60 per barrel. By […]

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What is the Next Thing that Will hit us? Brace for it, Because it may be Huge

What is the Next Thing that Will hit us? Brace for it, Because it may be Huge Despite having ancient seers (the “haruspices”) as ancestors, I don’t claim to be able to predict the future. But I think I can propose scenarios for the future. So, what could be the next big thing that will […]

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OPEC+ Keeps Oil Production Unchanged, Maintains 2MMb/d Output Cut After Launch Of Russia Price Cap

OPEC+ Keeps Oil Production Unchanged, Maintains 2MMb/d Output Cut After Launch Of Russia Price Cap Two weeks ago, oil tumbled after the WSJ reported a fake news hit piece quoting “delegates” who “said” that Saudi Arabia was preparing for a 500K oil production hike. We quickly countered that this was ridiculous and if anything OPEC+ would seek […]

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G7 Russian Oil Price Cap, Admission of Defeat From Collective West–Part 2

G7 Russian Oil Price Cap, Admission of Defeat From Collective West–Part 2

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Olduvai IV: Courage
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