Tag: Oil

Jan 08

War business

Military Contractors Raytheon, Lockheed Martin See Stock Prices Soar Amid Iran Crisis. Lockheed Martin, famous for its fighter planes, helicopters and missiles, saw its stock price spike to over $416, a jump of seven percent almost overnight. Raytheon and General Dynamics saw similar increases. Read the full article in Covert Geopolitics. You may also have …

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Oct 23

A new oil Alliance

“Saudi Arabia and Russia could formalize a strategic partnership that would last indefinitely, potentially marking a new era for the oil market…”. Continue reading on oilprice.com. This Alliance Could Mark A New Era For Oil | OilPrice.com This Alliance Could Mark A New Era For Oil | OilPrice.com A formalized oil alliance between OPEC and …

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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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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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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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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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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.