Silver as an investment

Category Archives: Oil Price

Oil Prices Have Been Rising And $4 A Gallon Gasoline Would Put Enormous Stress On The U.S. Economy

via the economic collapse blog Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Thanks to increasing demand and upcoming U.S. sanctions against Iran, oil prices have been rising and some analysts are forecasting that they will surge even higher in the months ahead.  Unfortunately, that would be very […]

The Socialist Crisis In Venezuela Is About To KILL The Oil Market

A new report is warning that the socialist engineered economic crisis in Venezuela will completely kill the global oil market. Plunging oil production in Venezuela is causing a national economic and humanitarian crisis that could tip the global oil market “decisively into deficit,” according to the report. Published Thursday, the report laid out concerns that Venezuela’s socialist […]

Oil Price Drop Imminent If Moscow Says “No” To Extension / by Irina Slav via / Nov 22, 2017 5:00 AM As the November 30 meeting in Vienna of OPEC and its partners in the oil production cut deal nears, worry has returned among traders: one of the brokers of the deal might decide to walk out on the deal instead of participating in another extension. […]

Inventory Slips Higher, Downside Economic Risks That Much More / by Jeffrey P. Snider / 15th August 2017 Last week the Commerce Department reported wholesale sales in June 2017 had risen by 5.6% year-over-year (unadjusted). Having increased by nearly 10% in May, and by the most in five years in January, 5.6% was instead the same kind of 2014 disappointment that is becoming far too common. These […]

Goldman Warns Of “Sharp Oil Price Drop”, Inventory Glut “If Backwardation Is Not Achieved” / by Tyler Durden / May 22, 2017  12:50 PM Increasingly some of the more prominent sellside analysts appear to be picking and choosing ideas from their competitors. Earlier, it was JPM echoing Goldman’s reco when it cut its 10Y yield forecast. Now, in a note previewing the outcome of this week’s OPEC meeting and proposing a […]

The Changing Anatomy of U.S. Oil Imports Over the Last Decade / By: Jeff Desjardins, Visual Capitalist / 27 December 2016 In 10 short years, Canada has replaced the once mighty OPEC The Chart of the Week is a weekly Visual Capitalist feature on Fridays. OPEC was once a name that made world leaders shake in their boots. In the early 1970s, the infamous oil cartel controlled […]

Goldman Sachs Crushes Hopes of Oil Price Recovery / OIL PRICE / 09/15/2016 Goldman Sachs has been extremely pessimistic about the oil market over the last year and a half, and the latest from their head of commodity research, Jeff Currie, is no exception. According to Currie, crude will continue to trade within the US$45-50 band over the next 12 months. Any improvement above US$50 is highly […]

What Oil Price Recovery——-It’s August Again, Stupid! / by Jeffrey P. Snider • July 27, 2016 On February 6, 2008, oil prices (WTI) dropped to $87.16, the lowest price since the prior October. Oil had been rising as the market misunderstood and dramatically mispriced what was going on; buying on the idea of monetary policy accommodation in growing intensity, while at the same […]

$50 Oil Doesn’t Work

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. / by Gail Tverberg via Our Finite World blog, on 05/31/2016 12:07 $50 per barrel oil is clearly less impossible to live with than $30 per barrel oil, because most businesses cannot make a profit with $30 per barrel oil. But […]

Oil Price Slips After Rig Count Decline Stalls

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. / by Tyler Durden on 05/20/2016 13:06 For 20 of the last 21 weeks, US oil rig count has declined as it tracked the lagged oil price lower. That changed today as oil rigs were unchanged week-over-week perfectly syncing with […]