Financial

Crude Inventory Build Sends Oil Prices Into a Nosedive

March 23, 2017 0

OIL PRICE Amid growing worries about the direction that oil prices are heading into, the Energy Information Administration reported a 5-million-barrel build in US commercial oil inventories for last week, bringing total US crude oil inventories to […]

Financial

2017 Will Be The Year Of Inflation

December 14, 2016 0

With crude oil prices up over 50% YoY (the most in 6 years), and retail gas prices up over 10% YoY (the most in 5 years), Bloomberg’s Garfield Reynolds suggests the Saudis have sealed it […]

Commentary

Sit Back, Relax, and Enjoy the Oil Thriller

April 29, 2016 0

by Pepe Escobar The famous Hollywood adage – ‘nobody knows anything’ – seems to perfectly apply to the current turbulence in the oil market. So in an effort to clarify where the global oil economy […]

Wealth Abuse

OPEC Threatens, Market Yawns

January 12, 2016 0

by John Rubino It seems that at least some OPEC members are starting to panic: War of words breaks out among OPEC members (CNN Money) – Is the pain of low oil prices becoming unbearable […]

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