Silver as an investment

Category Archives: OPEC

Is The Aramco IPO On The Brink Of Collapse?

Authored by Nick Cunningham via OilPrice.com, In what could be a humiliating decision, Saudi Aramco is considering not staging an IPO next year as planned, due to the difficulty of pulling off an international listing. On Friday, the Financial Times reported that Aramco is weighing a different strategy: selling stakes in the company to private […]

The Death Of Petrodollars & The Coming Renaissance Of Macro Investing

Authored by John Curran via Barrons, The petrodollar system is being undermined by exponential growth in technology and shifting geopolitics. What comes next is a paradigm shift… In the summer of 1974, Treasury Secretary William Simon traveled to Saudi Arabia and secretly struck a momentous deal with the kingdom. The U.S. agreed to purchase oil […]

Record High Stocks, Record Low VIX But Bitcoin, Bonds, & Bullion Bid

Buy it all… On the week – Stocks are up, Treasury Bonds are up, Corporate Bonds are up, Gold is up, Bitcoin is up, and WTI Crude is up…   Before we get started – consider the following…   And perhaps this will help explain last week's action compared to this week's? Everything reversed trend […]

OPEC Boosts Oil Demand Estimates, Admits Oil Prices Can’t Rise Above $55

In its latest OPEC Monthly Oil Market Report (October) the oil cartel has increased its oil demand estimates for 2017, 2018 on strengthening world economy, and weaker outlook for supplies from its rivals. Specifically, OPEC forecasts that based on the current global oil supply/demand balance, demand for OPEC crude in 2017 is estimated at 32.8 […]

S&P Futures Flat, Spain Rebounds, Nikkei Closes At 21 Year High

S&P500 futures point to a slightly lower open, as Asian stocks rise to trade near decade highs, with Japan’s Nikkei 225 closing at highest since 1996. European stocks are little changed, with Spanish shares gaining after Catalan President rows back from an immediate declaration of independence. MSCI's all-world stocks index briefly hit a fresh record […]

What Saudis Hope To Get Out Of Russia Ties

Authored by M.K. Bhadrakumr viaThe Strategic Culture Foundation, The mishap at the Moscow airport on Wednesday when the Saudi King Salman bin Abdulaziz arrived on a historic visit, was a wake-up call that even the most carefully choregraphed enterprises may hold unpleasant surprises. When Salman exited his plane and stepped out onto the special escalator […]

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 […]

Is This The Geopolitical Shift Of The Century?

Authored by Cyril Widdershoven via OilPrice.com, The geopolitical reality in the Middle East is changing dramatically. The impact of the Arab Spring, the retraction of the U.S. military, and diminishing economic influence on the Arab world – as displayed during the Obama Administration – are facts. The emergence of a Russian-Iranian-Turkish triangle is the new […]

Is Saudi Arabia’s Grand Strategy Shifting?

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 the fast-moving Russian-Saudi rapprochement is likely to provoke an Iranian “zero-sum” reaction which could complicate Moscow’s multipolar efforts in managing the “New […]