Silver as an investment

Category Archives: Crude Oil

Higher Oil Prices Could Threaten Saudi Vision 2030

Authored by Irina Slav via OilPrice.com, Saudi’s headlines keep rolling in. Saudi Arabia is deepening its ties with Russia, with billions of investments planned for the future. Saudi Arabia is going to allow women to drive. Saudi Arabia booked a second quarterly GDP contraction in a row, with non-oil revenues particularly worrying. Saudi Arabia is […]

“All-In” Hedge-Funds Turn Cautious Ahead Of OPEC As Oil Prices Stumble

With WTI back below the Maginot Line of $50, speculative investors are growing increasingly anxious about their record extreme bullish positioning across the energy complex. As Reuters' John Kemp reports, hedge fund bullishness towards crude oil and refined products including gasoline and diesel appears to have peaked for now, according to an analysis of regulatory […]

What Happens To Iran’s Oil Exports If Sanctions Are Renewed: Goldman Explains

President Trump is poised to announce over the coming days, that the landmark Iran nuclear agreement is no longer in the national interest of the United States. While the so-called “decertification” would not be the fatal blow to the Iran deal that Trump promised on the campaign trail, it would kick the issue back to […]

Maduro Visits Putin, Proposes Global Oil Trade In Rubles, Yuan

Three weeks after the US imposed financial sanctions on Venezuela in an effort to cripple its economy and choke the Maduro regime, which in turn prompted Caracas to announce it would no longer receive or send payments in dollars, and that those who wished to trade Venezuelan crude would have to do so in Chinese […]

Global Bond Rout Accelerates Even As Dollar Rally Fizzles

In a continuation of trading patterns observed over the previous two days, on Thursday the global bond rout deepened in the aftermath of the release of President Trump’s tax-cut plan, Janet Yellen’s recent hawkish comments and renewed optimism over the health of the U.S. economy. While global stocks were mostly mixed as investors tried to […]

China’s Maritime Strategic Realignment

Authored by Brian Kalman, Daniel Deiss, Edwin Watson via SouthFront.org, China has begun construction of the first Type 075 Class Landing Helicopter Dock (LHD). Construction most likely started in January or February of this year, with some satellite imagery and digital photos appearing online of at least one pre-fabricated hull cell. The Type 075 will […]

De-Dollarization Accelerates: China Readies Yuan-Priced Crude Oil Benchmark Backed By Gold

Authored by Tsvetana Paraskova via OilPrice.com, The world’s top oil importer, China, is preparing to launch a crude oil futures contract denominated in Chinese yuan and convertible into gold, potentially creating the most important Asian oil benchmark and allowing oil exporters to bypass U.S.-dollar denominated benchmarks by trading in yuan, Nikkei Asian Review reports. The […]

Hurricane Harvey Is A Disaster For OPEC

Authored by Nick Cunningham via OilPrice.com, The skies are clearing over Houston, but the damage from the remaining elements of Hurricane Harvey has spread east to Port Arthur and Lake Charles along the Texas-Louisiana border. That has knocked more refineries offline, including the largest refinery in the United States. In the aftermath of the storm, […]

Asian Metals Market Update: August-29-2017

news.goldseek.com / By: Chintan Karnani, Insignia Consultants / 29 August 2017 North Korean risk is adding to the support of gold and silver bulls. Everywhere there is fear of Islamic terrorists striking anytime. The problem is not with Islam as a religion. The problem is with Saudi Arabia’s form of “Wahhabi Islam” which is very brutal and inhumane. […]

More Peak Shale: World’s Largest Miner Is Selling Its Shale Assets

Over the past several months, we have wondered if despite new all time high shale production, whether the US shale sector in the has peaked. Some of our recent thoughts can be found in the following articles: Why Some Hedge Funds Believe The Shale Boom Is Coming To An End (Again) Shale Efficiency Has Peaked […]