Friday, May 26, 2017

Here’s Why Oil Could Be Headed to $0

  Author: Chris Matthews   According to one economic model You don’t need to be an economist to know that the oil market is bonkers these days. The price of oil has fallen roughly 70% over the past 18 months to a recent $32 a barrel, with many analysts believing...

Here's Why Oil Could Be Headed to $0

  Author: Chris Matthews   According to one economic model You don’t need to be an economist to know that the oil market is bonkers these days. The price of oil has fallen roughly 70% over the past 18 months to a recent $32 a barrel, with many analysts believing...

Another Oil Crash Is Coming, and There May Be No Recovery

Superior electric cars are on their way, and they could begin to wreck oil markets within a decade. It’s time for oil investors to start taking electric cars seriously. In the next two years, Tesla and Chevy plan to start selling electric cars with a range of more...

“Sell Everything” – Top Mega Banks Warn that a “Cataclysmic” Collapse has Begun

“Sell Everything” – Top Mega Banks Warn that a “Cataclysmic” Collapse has Begun After years of giveaways to mega banks, marketed to the taxpayers as ‘quantitative easing,’ the crutches shoved under the banker-controlled global stock trade are about to snap. In June of 2015, former Congressman Ron...

Oil breaks 2003 low of $26.19

Oil breaks 2003 low of $26.19   U.S. oil prices fell for a sixth straight day on Thursday, hitting the lowest since May 7, 2003, weighed by brimming crude inventories and a Goldman Sachs forecast that prices would remain low and volatile until the second half...

Iran No Longer Accepting Dollars For Oil

Even with a number of U.S. sanctions against Iran coming to an end, the Iranian government has recently made a very important decision in regards to its oil payment system and it could spell bad news for the United States. This is because Iran...

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