Category Archives: Oil

OPEC extends cuts in oil output by nine months

OPEC extends cuts in oil output by nine months | News | Al Jazeera http://www.aljazeera.com/news/2017/05/opec-extends-cuts-oil-output-months-170525145042265.html Re-posted from Al Jazeera. Geoff Geoff Comments: Not by choice, but, rather, economic survival…

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Venezuela importing oil despite having world’s largest oil reserves

Venezuela importing oil despite having world’s largest oil reserves – Business Insider http://www.businessinsider.com/venezuela-importing-oil-despite-having-worlds-largest-oil-reserves-2017-5?utm_source=feedburner&amp%3Butm_medium=referral&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29 Re-posted from Business Insider. Geoff Geoff Comments: This fact should have set off alarms and caused the leaders to wake up, but, apparently, it was too much … Continue reading

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Venezuela’s Oil Production On The Brink Of Collapse

Venezuela’s Oil Production On The Brink Of Collapse | Zero Hedge http://www.zerohedge.com/news/2017-05-18/venezuelas-oil-production-brink-collapse Re-posted from Zero Hedge. Geoff Geoff Comments: The exclamation point to the end of modern Venezuela…

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Oil prices, up 13% in only seven days, can extend their gains

Oil prices, up 13% in only seven days, can extend their gains – MarketWatch http://www.marketwatch.com/story/oil-prices-up-13-in-only-seven-days-can-extend-their-gains-2017-05-15?siteid=rss&rss=1 Re-posted from Market Watch. Geoff Geoff Comments: Oil and other commodity prices have warped the World’s financial markets, stability has become just a theory…

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Dollar down against commodity currencies as oil prices surge

Dollar down against commodity currencies as oil prices surge – MarketWatch http://www.marketwatch.com/story/dollar-down-against-commodity-currencies-as-oil-prices-surge-2017-05-15?siteid=rss&rss=1 Re-posted from Market Watch. Geoff Geoff Comments: Only because the US Dollar is adjusting from an extremely overvalued position…

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One Of The World’s Biggest Oil Hedge Funds Just Liquidated All Its Longs

One Of The World’s Biggest Oil Hedge Funds Just Liquidated All Its Longs | Zero Hedge http://www.zerohedge.com/news/2017-05-05/one-worlds-biggest-oil-hedge-funds-just-liquidated-all-its-longs Re-posted from Zero Hedge. Geoff Geoff Says: As well they should, oil is still over priced…

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Oil went through a flash crash overnight

Oil went through a flash crash overnight http://www.cnbc.com/2017/05/05/oil-went-through-a-flash-crash-overnight.html Re-posted from CNBC. Geoff Geoff Says: It was just a matter of time, and the time is NOW…

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Why Brexit, Bombs, and Trump Can’t Move Oil Prices

Why Brexit, Bombs, and Trump Can’t Move Oil Prices | Wolf Street http://wolfstreet.com/2017/04/22/why-brexit-bombs-and-trump-cant-move-oil-prices/ Re-posted from Wolf Street. Geoff  

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Will The Oil Price Slide Lead To A Credit Crunch For U.S. Drillers?

Will The Oil Price Slide Lead To A Credit Crunch For U.S. Drillers? | Zero Hedge http://www.zerohedge.com/news/2017-03-29/will-oil-price-slide-lead-credit-crunch-us-drillers Re-posted from Zero Hedge. Geoff

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How much it costs both Saudi Arabia and the US to produce oil

How much it costs both Saudi Arabia and the US to produce oil – Business Insider http://www.businessinsider.com/how-much-it-costs-both-saudi-arabia-and-the-us-to-produce-oil-2017-3?utm_source=feedburner&amp%3Butm_medium=referral&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29&utm_content=FeedBurner+user+view Re-posted from Business Insider. Geoff

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