Tag Archive: Oil

Oct 07

Is China set to join Russia and Iran in support of Syria?

“The pro-Assad Al-Masdar (citing an unnamed SAA “senior officer”), said Chinese “personnel and aerial assets” are set to arrive within weeks”, Tyler Durden reported on ZeroHedge two weeks ago. “Beijing has taken decision to take part in combating IS and sent its vessels to the Syrian coast. (…) It is known, that China has joined …

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Permanent link to this article: http://www.opusnet.org/archives/11464

Apr 16

Bomb Iran? Not now: Bomb Yemen

“Bomb Iran? Not now; the new normal is bomb Yemen. But still bomb Iran might be back in a flash. Pentagon supremo Ash Carter confirmed last week “all options are on the table” even if an Iran-P5+1 nuclear deal is finally reached in June. So, for the record, the Pentagon is affirming nuclear negotiations are …

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Permanent link to this article: http://www.opusnet.org/archives/10373

Apr 16

Dollar hegemony and the Iran nuclear issue

A useful historical compendium of the last two decades is in the article by Peter Koenig on the Information Clearing House website, reminding how the most crucial moves in Middle East, including the last “wars for democracy”, might be strictly related to another war: the one for dollar supremacy in the world. The conclusions are …

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Permanent link to this article: http://www.opusnet.org/archives/10367

Mar 03

Lower estimates of 2013 global oil demand

The estimate of global oil demand has been slithly lowered to 90.7 (mb/d) in 2013, following downward revisions to the International Monetary Fund’s forecast of economic activity, the IEA said in its February Oil Market Report. Crude oil futures breached nine-month highs in early February, propelled by stronger economic signals from China and the United …

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Permanent link to this article: http://www.opusnet.org/archives/1220

Mar 03

Five possible energy surprises in 2013

Low probability scenarios are described by Kurt Cobb in his blog. They have few chances to happen, but would surprise the experts and markets. The scenarios include extreme hypothesis about oil prices from 30$ to 200$. Read the article here.

Permanent link to this article: http://www.opusnet.org/archives/1209

Oct 01

Will high oil prices permanently cap economic growth?

The answer to this question is positive, Jeff Rubin said to Bloomberg past week. “For most of the last century, cheap oil powered global economic growth. But in the last decade, the price of oil has quadrupled, and that shift will permanently shackle the growth potential of the world’s economies.” See also our recent posts …

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Permanent link to this article: http://www.opusnet.org/archives/1061

Sep 28

Peak Cheap Oil: Cantarell hits record low

Cantarell’s production has slid 74 percent since 2006 to 449,000 barrels a day last year, dragging down the country’s daily output. Cantarell’s output fell 14 percent from April 2011 to 400,000 barrels a day, the lowest since at least 1990, when the Energy Ministry started to publish Pemex’s production. Petroleos Mexicanos, the world’s third-largest oil …

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Permanent link to this article: http://www.opusnet.org/archives/1034

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