The Kingdom of Saudi Arabia announces that they officially are open to settling trade for Oil and Natural Gas in currencies other than the US dollar. Details as I get them. UPDATE: The remark above […]
Sometimes you need to read the tea leaves. Sometimes tea leaves bludgeon you over the head with a sledgehammer. Quoth the Raven Nov 4 I have been writing over the last few weeks about how […]
March 15, 2022 by Michael Snyder The economic sanctions that have been imposed upon Russia have caused immense damage, but a loss of the petrodollar would be absolutely devastating for the U.S. economy. Since making an agreement […]
By Dr. Paul Craig Roberts Readers at home and around the world want to know what to make of the announcement that China henceforth will conduct oil purchases and sales in gold-backed Chinese currency. Is this […]
by Tyler Durden Authored by Andrew Korybko via Oriental Review, Even in this era of global paradigmatic changes, Saudi Arabia’s shifting grand strategy is perhaps one of the most surprising developments to occur thus far, but […]
by Thierry Meyssan The drop in oil prices has given the lie to the «Hubbert peak» theory. There will probably not be a penury of energy in the coming century. The price decrease is also […]
by Tyler Durden With the topic of Saudi Arabia’s involvement in the Sept 11 attack on everyone’s lips, if certainly not those of president Obama who is currently in Riyadh where he is meeting with […]
By Michael Snyder, on January 18th, 2016 Last time around it was subprime mortgages, but this time it is oil that is playing a starring role in a global financial crisis. Since the start of […]
by Raúl Ilargi Meijer Russell Lee Tracy, California. Tank truck delivering gasoline to a filling station 1942The first thing that popped into our minds on Tuesday when WTI oil briefly broached $30 for its first […]
by Tyler Durden While military direct intervention by US, Turkish, and Gulf forces over Syrian soil escalates with every passing day, even as Islamic State forces capture increasingly more sovereign territory, in the central part […]
Copyright © 2012 - 2023 | TLB Project™ LLC