Mobile version Today: 13.02.2016 Last update 14:00 | Select date
 
 
home sitemap write a letter facebook twitter
Add to favourites RSS


ONLINE JOURNAL
About us
Authors
Contacts
    Why Washington Fears Britain Quitting EU  
    European Political Influence Operations Are «Made in USA»  
    US Now Overtly at War Against Russia  
  HOME PAGE WORLD BUSINESS HISTORY & CULTURE COLUMNISTS  
 
 
 
EDITOR'S CHOICE
 
Canada Sells Weapons to State Sponsor of Terrorism: Class Action Law Suit against Ottawa over $15 Billion Saudi Arms Deal
 
Turkey’s Revival of a Dirty ‘Deep State’
all articles
 
 
 
 
NEWS
 
 
Russia Delivers Large Shipment Of "Pantsir-S1" to Iraq...

Syrian Army advances on the Jordanian border in Daraa...

‘Never’: Erdogan ‘tells’ Russian pranksters no chance he would apologize to Russia for downed Su-24...

US deploys new Patriot missiles to South Korea...

Iraq deploys forces in preparation for Mosul liberation...

In Transcarpathia unlock the movement of Russian trucks...

Kerry said about putting troops in Syria if Russia doesn’t control Assad...

Iran F-14 fighter jets to be equipped with Nasr missiles...

Kurds should abandon secession bid: Iraq premier...

Humanitarian operation in syrian-armenian town Kessab (photos)...

ISIS attack on Jabal Thardeh in Deir Ezzor fails to yield any gains...

Iran lifts currency controls with Russia...

President Assad vows recapture of 'whole of Syria'...

Syria crisis plan: Cessation of hostilities, humanitarian airdrops, peace talks laid out in Munich...

Russia: Choking guns in Syria difficult...

all news
 
 
 
FACEBOOK
 
 

 

 
 
 

OPEC

| Go to news

The publication period from     

 

 

What’s Really Going on with Oil?

If there is any single price of any commodity that determines the growth or slowdown of our economy, it is the price of crude oil. Too many things don’t calculate today in regard to the dramatic fall in the world oil price. In June 2014 major oil traded at $103 a barrel. With some experience following the geopolitics of oil and oil markets, I smell a big skunk. Let me share some things that for me don’t add up.

EDITOR'S CHOICE | 28.01.2016


 

Banking Cartel That Steers Oil Market

The start of the new year was accompanied by a record drop in indexes and prices in financial and commodity markets. The oil market also set new records. Between July 2014 and the end of 2015, the price of this energy resource dropped by 70 %. It looked like it had bottomed out, but then last week oil prices dropped more than 10% – the worst start to a new year in recorded history. More and more traders are inclined to think that prices could fall below $30 a barrel...

Valentin KATASONOV | 18.01.2016


 

Energy Wars and European Interests (II)

The worsening situation on the fronts of the energy wars is forcing those directly involved and all other interested parties to revise their previous approaches. Signs that Bulgaria intends to resume construction of the South Stream gas pipeline project are a good example. In a New Year interview, Bulgarian Prime Minister Boyko Borissov admitted that the South Stream gas pipeline project was in the interests of his country, but had been halted as a result of interference by the US and the European Union, even though both the US and Europe knew that the project would be beneficial to Bulgaria, according to Borissov...

Pyotr ISKENDEROV | 17.01.2016


 

A Saudi-Russian oil splash?

«I will tell you when Russian companies are for sure going to decrease production - when oil costs $0».  Courtesy of Russian Deputy Energy Minister Kirill Molodtsov, this has got to be one of the top quotes of 2015.   Well, forget about oil costing $0 even as OPEC refuses to cut production to curb the global oversupply. As for Russia, expect it to keep pumping like there’s no tomorrow...

Pepe ESCOBAR | 25.12.2015


 

Irreversible Decline?

"Saudi oil policy… has been subject to a great deal of wild and inaccurate conjecture in recent weeks. We do not seek to politicize oil… For us it’s a question of supply and demand, it’s purely business.”

EDITOR'S CHOICE | 30.12.2014


 

Is Oil Price Weapon Really Effective against Russia?

The US is engaged in rather dubious activities as it attempts to damage the Russia’s economy by making fall down the world oil prices... Concentrated on hurting Russia Americans fail to see what’s happening in their own backyard... There is ground to believe that while openly supporting the United States Saudi Arabia plays its own game aimed at squeezing the competitors away, including America, from the market. Some time ago Riyadh used to say that OPEC members will not cut production even if the price plunges to $40 dollars a barrel. With oil prices plummeting traditional oil producers have enough reserves to make it through a period of frugality while the US shale industry will be delivered a deadly blow to make it never bounce back. The negative economic trends are already visible in the US while Russia has not even started to take counter measures as the economic war unleashed against it is raging on...

Olga SHEDROVA | 25.12.2014


 

How the CIA Launched the «Financial Pearl Harbor» Attacks on Russia and Venezuela

Central Intelligence Agency director John Brennan's long familiarity with Saudi Arabia, owing to the time he spent there as the CIA station chief in Riyadh in the 1990s and his knowledge of Saudi oil operations, has paid off. Petroleum industry insiders claim that Brennan's agents inside Saudi Aramco convinced the firm's management and the Saudi Oil Ministry to begin fracking operations in order to stimulate production in Saudi Arabia's oldest oil fields. The Saudis, who are not known for their hands-on knowledge of their nation’s own oil industry, agreed to what became an oil pricing catastrophe which would not only affect Saudi Arabia but oil producing nations around the world from Russia and Venezuela to Nigeria and Indonesia...

Wayne MADSEN | 20.12.2014


 

The Oil Coup

EDITOR'S CHOICE | 16.12.2014


 

US - Saudi Arabia Oil Prices Collusion: Calculations and Errors

This is the time the markets should expect oil prices to go up but they go down. It proves that a tacit collusion is taking place between the leading oil exporters and the countries involved, for instance, the United States... The history of tacit agreement between the United States and Saudi Arabia allegedly goes back to the President Obama’s visit to Saudi Arabia in April 2014 when the US Middle East policy ended up in total failure and there was an urgent need for a way out. Some reporters hurried up to say that it was the most important foreign tour during the whole tenure of President Obama. The agenda included the US initiative to bring the oil prices down to “punish Iran and Russia»...

Dmitry MININ | 27.10.2014


 

Gas Exporting Countries to Gather in Moscow for Influential Forum

Members of the influential Gas Exporting Countries Forum (GECF) will gather in Moscow 1-2 July 2013. Long-term contracts and infrastructure projects are reported to be high on the agenda. The GECF is an international club of major natural gas exporters including Russia, Iran, Qatar, Libya and Venezuela. Exporters strive to guarantee the stability of gas supplies, open new markets for this clean energy source and provide a balanced risk sharing mechanism between producers and consumers...

Igor ALEXEEV | 27.06.2013




1 2
 
 
 
OUR COLUMNIST
    Yuriy RUBTSOV

Without Equal Security for All, Nuclear Disarmament Is Impossible

In a statement commemorating the fifth anniversary of the New START Treaty between the US and Russia last week, US Secretary of State John Kerry not only expressed hope that both sides would be able to implement the treaty within the specified time frame – by 5 February 2018 – but also renewed calls for Moscow to begin talks on the further reduction of their countries’ nuclear arsenals...

13.02.2016
 
 
 
 
 
 
TAGS
 
 
 
Aeroflot AFISMA African Union Africom AIIB AIPAC Al Qaeda Al Shabaab Al-Jazeera ALBA Amnesty International Anonymous Ansar Allah APEC Arab League ASEAN ATAKA Atomstroyexport Bank for International Settlements Bank of America Barclays Basel Committee BBC Bilderberg Club Black Bloc BlackRock Blackwater BND Boco Haram BP BRICS CARICOM CELAC Center for Responsive Politics CEPAL Chatham House Chevron CIA CICA CIS Citigroup CNN Committee of 147 Committee of 300 Council of Europe Council on Foreign Relations Crescent Crescent Petroleum CSTO Customs Union CyberBerkut DARPA Davos DEA Defense Intelligence Agency Democratic Party DIA Dragon Family E.ON Eager Lion ECOWAS EDA ELNET Enbridge Pipelines ETA EU EULEX EurAsEc Eurasian Union European Commission European Court of Human Rights European Union Exxon Mobil Facebook FAO FARC FATAH FBI FDA Federal Reserve FIFA Financial Action Task Force Financial Stability Board Fitch FIVE EYES Franklin Templeton Freedom House FRS FSB FTA FUEN G-4 G20 G7 G8 GATA Gazprom GCHQ GECF Gladio Glonass Goldman Sachs Google Green Group Greenpeace GUAM Guardian Gulf Cooperation Council Hague Tribunal HAMAS Heritage Foundation Hezbollah Hizb ut-Tahrir Hollywood HSBC Human Rights Watch IAAF IAEA IEA IHRC IMF International Criminal Court Interpol IOC ISAF Islamic jihad Islamic Revolution Guards Corps ITERA Jamestown Jobbik JP Morgan Jundullah KFOR KLA Ku Klux Klan Liberation Tigers of Tamil Eelam Lord’s Resistance Army Lukoil Massachusetts Institute of Technology Mercosur Microsoft Missile defense Missile Defense Agency Monsanto Moody's Morgan Stanley Mossad Most-Favoured Nation Mujahedin-e Khalq Muslim Brotherhood Nabucco NAFTA Naftogaz NASA Nation of Islam National Security Agency NATO NDAA NDI NED Non-aligned Movement NORAD Nord Stream NORTHCOM Northern Distribution Network NSA OECD Oerlikon OIC OPCW OPEC Open Government Partnership Organization of American States OSCE OTW movement OUN / UPA PACE PACOM Pan-Europa movement Pegida Pentagon PJAK PKK Podemos POLISARIO PRISM PYD Red Cross Renova Republican Party Rosatom Roscosmos Rosneft Rosoboronexport Ruhrgas RusAl RWE SABSA Scientology Shanghai Cooperation Organization Shell Siemens South Stream Southern Command Standard & Poor's Statoil Strategic Nuclear Forces Stratfor SWF SWIFT Syrian National Council SYRIZA Taliban Tamarod TANAP TAPI TeleSur TiSA TNK-BP Total Trans-Pacific Partnership Transatlantic Trade and Investment Partnership Transneft Turkish Stream Twitter UN UN International Court UNASUR UNESCO UNICEF USAID Valdai Club Visegrad Group Volkswagen Wall Street Westinghouse WHO Wikileaks World Bank WTO Yukos “Mass Atrocity Response Operations”
 
 
 

Republishing is welcomed with reference to Strategic Culture Foundation on-line journal www.strategic-culture.org.


 

 

 
 
© Strategic Culture Foundation

RSS

Main Politics History&Culture Archive Authors Popular
  Economics Columns About Contact