Financial

US OIL RESERVES NEARLY DEPLETED – ARMSTRONG

September 2, 2022 0

The US Strategic Petroleum Reserve (SPR) has been at its lowest level since, ironically, 1984. The reservoirs are composed of four underground sites constructed from salt domes on the Gulf Coasts of Louisiana and Texas. […]

Financial

The Oil Market Is At The Whim Of Geopolitical Disputes

January 21, 2022 0

By Alex Kimani – Jan 20, 2022, 6:00 PM CST Oil prices are quickly approaching $90 as geopolitical uncertainties continue to mount. Over the past week, drone attacks against targets in the UAE and escalating tensions between […]

Wealth Abuse

Oil Price Rises After Trump Phones Putin

April 1, 2020 0

by Gary Littlejohn for The Saker Blog The recent rapid decline in oil prices may now be coming to a halt as Trump and Putin agreed in a recent phone call that their oil industry […]

Military

The Black Swan Is a Drone

September 16, 2019 0

What was “possible” yesterday is now a low-cost proven capability, and the consequences are far from predictable. Predictably, the mainstream media is serving up heaping portions of reassurances that the drone attacks on Saudi oil […]

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 […]

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