Commodity Trade Mantra

Posts Tagged ‘Saudi Oil’

OIL - The Untold History of Black Gold & How it began the Political Strategies of the West

The political strategy of the U.S. had to adapt to provide for the needs & wants of the American population. The ‘70s marked the turning point when the U.S. shifted from being an oil exporter to the world’s largest oil importer. The oil crisis of 1973 was the game changer that transformed the international political & financial system into the current system of petrodollars & oil wars.

Here's What Saudi Arabia’s New Oil Policy Will Look Like

Ali al-Naimi’s termination & Prince Mohammed’s official ascent to the top of the Saudi oil chain of command are likely bearish in the short term, as Saudi Arabia reverts to its 2014 strategy of pushing oil prices low enough to put marginal producers out of business. What does this mean for oil, since Khalid Al-Falih is likely to follow Naimi’s policy of safeguarding Saudi Arabia’s market share?

Will Less Supply in the Very Near Future Mean Higher Oil Prices?

The strategy, promoted by Saudi Oil Minister was meant to keep oil prices low temporarily & starve many non-OPEC oil producers of profits & restore the cartel’s global market share. The primary target of the OPEC plan was oil production from shale in the United States, which relies on hydraulic fracturing that can’t make money unless oil sells for at least $60 per barrel.

Oil May Drop To $25 On Chinese Demand Plunge, Supply Glut, Ageing Boomers

Our view is that oil prices are likely to continue falling to $50/bbl and probably lower in H1 2015, in the absence of OPEC cutbacks or other supply disruption. Critically, China’s slowdown under President Xi’s New Normal economic policy means its demand growth will be a fraction of that seen in the past.

Your Economical Survival Depends On Gold And Silver

Those who are buying, accumulating, and personally holding physical gold and silver stand the best chance for economic survival when and as the US “dollar” is devalued and the financial system collapses, or undergoes dramatic change.

follow us

markets snapshot


Market Quotes are powered by Investing.com India

live commodity prices


Commodities are powered by Investing.com India

our latest tweets

follow us on facebook