Silver as an investment

Category Archives: petroleum

The Biggest Factors In Future Oil Production

Authored by Ron Patterson via, This assessment is based on the data in the 2017 BP Statistical Review of World Energy available here. As such it uses that review’s definition of oil which is crude and condensate and natural gas liquids, uncompensated for their different energy contents or values of refined product components. Figure 1: […]

What Will Drive The Next Oil Price Crash?

Authored by Tsvetana Paraskova via, As we roll into 2018, analysts and investors are more optimistic that the oil market will further tighten next year and support higher oil prices, but rising U.S. shale production will likely cap any significant price gains. On the demand side, expectations are that global economic growth will support […]

The Coming Economic Downturn In Canada

Authored by Deb Shaw via, Canadian GDP growth has outperformed this year, helping the Canadian dollar As GDP growth slows and the Bank of Canada turns neutral, catalysts turning negative Crude oil and real estate look set for a downturn, with negative implications for the currency Given its natural resource-based economy, Canada is a […]

Mideast Turmoil: Follow The Oil, Follow The Money

Authored by Charles Hugh Smith via OfTwoMinds blog, In this scenario, time is running out for Saudi Arabia's free-spending royalty and state – and for all the other free-spending oil exporters. While there are numerous dynamics at work in the turmoil roiling Saudi Arabia and by extension, the Mideast, one way to cut to the […]

US Oil Rig Count Surges Most In 5 Months

Tracking the lagged rebound in WTI prices, the US oil rig count rose by 9 this week – the biggest weekly rise since June.     And with production at record highs, we suspect OPEC will need to jawbone some more…   And total US Crude output just hit a new record high…

The Petrodollar’s Biggest Challengers

Authored by Michael Kern via CryptoInsider, Established in the early 1970s, the petrodollar has secured the United States’ influence over the oil trade for over 40 years, but recently, it is clear that this monopoly is slowly beginning to fall apart – in some part due to the influence of Bitcoin and other emerging cryptocurrencies. […]

Lies And Distractions Surrounding The Diminishing Petrodollar

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 […]

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 […]

Higher Oil Prices Could Threaten Saudi Vision 2030

Authored by Irina Slav via, 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 […]