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Tag: crude oil

Sears Files For Bankruptcy Protection, Lampert Steps Down As CEO

The melting ice cube that is Sears – once a shining beacon of American consumerism – has finally dissolved. After missing a $134 million Monday debt payment, as was widely expected, CNBC reported early Monday that Sears filed for Chapter 11 Bankruptcy protection in bankruptcy court in White Plains, New York. To be sure, filing […]

India Yet To Figure Out Way To Pay For Iranian Oil Imports

Authored by Tsvetana Paraskova via Oilprice.com, India hasn’t worked out yet a payment system for continued purchases of crude oil from Iran, Subhash Chandra Garg, economic affairs secretary at India’s finance ministry, said on Friday. India’s Oil Minister Dharmendra Pradhan has conveyed the message that his country would continue to buy Iranian oil to some extent, Garg […]

Ecuador Restores Julian Assange’s Internet, Phone And Visitation Privileges

Ecuador has partially restored Julian Assange’s communications in their London Embassy after UN officials met with Ecuador’s president, Lenin Moreno on Friday, reports the Belfast Telegraph.  Assange, who has lived in the embassy for over six years, had his phone and internet access taken away in March over political statements he made in violation of “a written […]

Violence, Public Anger Erupts In China As Home Prices Slide

Last March, we discussed why few things are as important for China’s wealth effect and economy, as its housing bubble market. Specifically, as Deutsche Bank calculated at the time, “in 2016 the rise of property prices boosted household wealth in 37 tier 1 and tier 2 cities by RMB24 trillion, almost twice their total disposable […]

The Inevitable De-Industrialization Of Europe

Authored by MIke Shedlock via MishTalk, EU ministers agreed to binding cuts in CO2 emissions of 35% by 2030. The German auto industry won’t be able to deliver. The Telegraph reports Berlin court orders German capital to ban most diesel vehicles on 11 major roads to counter pollution. Hamburg was first in May. Stuttgart, home of […]

Crude oil futures climb to Rs 5333 per barrel

Crude oil rose 1.62 per cent to Rs 5,333 per barrel at the futures trade as … Analysts said speculators built fresh positions as oil prices rose in Asia … The post <b>Crude oil</b> futures climb to Rs 5333 per barrel appeared first on crude-oil.news.

Al Arabiya op-ed warns of oil spike and ‘economic disaster’ if US sanctions Saudi Arabia

Oil prices could surge to all-time highs if the U.S. imposes economic sanctions against Saudi Arabia, according to an opinion piece written by the … The post Al Arabiya op-ed warns <b>of oil</b> spike and ‘economic disaster’ if US sanctions Saudi Arabia appeared first on crude-oil.news.

Did Saudis, CIA Fear Khashoggi 9/11 Bombshell?

Authored by Finian Cunningham via The Strategic Culture Foundation, The macabre case of missing journalist Jamal Khashoggi raises the question: did Saudi rulers fear him revealing highly damaging information on their secret dealings? In particular, possible involvement in the 9/11 terror attacks on New York in 2001. Even more intriguing are US media reports now emerging that […]

Scientists Freak Out Over Pandemic Potential Of Genetically Engineered Smallpox

Following the release of a paper earlier this year which describes how researchers stitched together segments of DNA in order to revive horsepox – a previously eradicated virus, scientists have been flipping out over the possibility that bad actors may use the study as a blueprint to revive smallpox.  The disease killed an estimated 300 […]

A Glimpse Beyond The Unipolar Moment

Authored by Norman Ball via The Saker blog, “Potentially the most dangerous scenario would be a grand coalition of China, Russia and perhaps Iran, an ‘anti-hegemonic’ coalition, united not by ideology but by complementary grievances” —Zbigniew Brzezinski Are we reaching the penultimate and petulant back-end of the American Empire’s Unipolar Moment, a denouement hastened by […]