WarMachines.com

Industrial War Machine Complex – Buy Bitcoin Defeat Corrupt Governments Everywhere!!


WarMachines.com

Archives by tag

THE U.S. SHALE OIL INDUSTRY: Swindling & Stealing Energy To Stay Alive

By the SRSrocco Report, While the U.S. Shale Energy Industry continues to borrow money to produce uneconomical oil and gas, there is another important phenomenon that is not understood by the analyst community.  The critical factor overlooked by the media is the fact that the U.S. shale industry is swindling and stealing energy from other […]


What Will Drive The Next Oil Price Crash?

Authored by Tsvetana Paraskova via OilPrice.com, As we roll into 2018, analysts and investors are more optimistic that the oil market will further tighten next year and support higher oil prices, but rising U.S. shale production will likely cap any significant price gains. On the demand side, expectations are that global economic growth will support […]


OPEC vs IEA: Who’s Right On Oil Prices?

Authored by Nick Cunningham via OilPrice.com, Last week, the International Energy Agency made a lot of OPEC brows furrow when it warned that 2018 may not be a very happy new year for the cartel. U.S. shale supply, the IEA said in its December Oil Market Report, is set to grow more than OPEC has […]


The 5 Oil Factors To Watch In 2018

Authored by Nick Cunningham via OilPrice.com, Oil prices are set to close out the year somewhere around 15 percent up, and the oil market looks more stable than it has in years. But what does 2018 have in store? Most analysts believe more of the same – inventory declines, some shale growth, a gradual increase […]


Is The Oil Glut Set To Return?

Authored by Nick Cunningham via OilPrice.com, For the second month in a row, the IEA has poured cold water onto the oil market, publishing an analysis that suggests 2018 could hold some bearish surprises for crude. The IEA’s December Oil Market Report dramatically revises up the expected growth of U.S. shale, which goes a long […]


The ‘Unknown Unknowns’ That Threaten U.S. Shale

Authored by Tsvetana Paraskova via OilPrice.com, Three years after the oil price crash, the U.S. shale patch is on its second growth phase and is expected to continue to increase its production, at least through the next five years. The global oil markets have become increasingly dependent on U.S. tight oil supply – and the […]


The One Indicator OPEC Must Watch

Authored by Nick Cunningham via OilPrice.com, “We will not let go of our current approach until we reach a balanced market,” Saudi oil minister Khalid al-Falih said Monday at a news conference in Riyadh. OPEC ended months of speculation last week when it decided to extend its production cuts through the end of 2018, easing […]


OPEC Meeting Concludes: This Is What Was Agreed

As previewed earlier this morning, when the flurry of leaks began, today OPEC reached a deal with non-OPEC partners to extend the oil production cuts until end of 2018 (recall these were supposed to be “temporary” when originally unveiled one year ago) at their meeting in Vienna, as part of producers’ strategy to reduce global […]


WTI Slumps Despite OPEC ‘Deal’ As Russia Questions Remain

Both WTI and RBOB prices are tumbling this morning after OPEC member agree to limit oil output through the end of 2018. While this is bullishly longer-than-expected (6-9mo was expected), OPEC members now rely on Russia to agree to these terms, and it appears the market is questioning that. Furthermore, despite US shale output at […]


OPEC Agrees To Extend Oil Supply Cuts Until End Of 2018: Bloomberg

With OPEC delegates sequestered in a Vienna conference room, as they negotiate the proposed 6-9 month production cut extension, at least one appears to be leaking the decision process to media outlets, because moments ago Bloomberg reported that OPEC ministers have agreed to extend their production cuts until the end of 2018 – agreeing with […]


OPEC’s Impossible Task

Authored by Nick Cunningham via OilPrice.com, OPEC is on the verge of extending its production cuts for an additional nine months, pushing the deal through the end of 2018.  But the determination to keep the cuts in place comes at the same time that U.S. shale seems to be accelerating in response to higher oil […]


“OPEC’s Quagmire”: Goldman Is Very Worried The Cartel Is About To Blow This Meeting

One year after OPEC pulled off what many considered impossible, and on November 30, 2016 in Vienna the cartel managed to reduce oil production by most OPEC and several key non-OPEC nations by 1.2 million barrels daily in an effort to reduce the global oil glut, this time things are looking far more shaky, at […]


OPEC, Russia Said To Announce Oil Pact Extension On Nov 30

Authored by Tsvetana Paraskova via OilPrice.com, Saudi Arabia and Russia have agreed that OPEC and non-OPEC allies should announce an extension of the cuts at the highly-anticipated meeting in Vienna on November 30, Bloomberg reported on Friday, quoting people involved in the talks. Recent OPEC/non-OPEC oil pact chatter had it that Saudi Arabia was pushing […]


Is $40 WTI Now More Realistic Than $60?

Authored by Tsvetana Paraskova via OilPrice.com, The current rise in oil prices is more of a fear trade right now, driven by fear of what is going on in the Middle East, rather than a result of growing OPEC chatter or inventory reports, Todd Horwitz, chief strategist at Bubbatrading.com, told Bloomberg on Wednesday. “The oil […]


Oil Price Drop Imminent If Moscow Says “No” To Extension

Authored by Irina Slav via OlPrice.com, As the November 30 meeting in Vienna of OPEC and its partners in the oil production cut deal nears, worry has returned among traders: one of the brokers of the deal might decide to walk out on the deal instead of participating in another extension. We’re talking about Russia, […]