Tags » West Texas Intermediate

RT: What game is the House of Saud playing? by Pepe Escobar . . . MUST READ. . .~J

Pepe Escobar is the roving correspondent for Asia Times/Hong Kong, an analyst for RT and TomDispatch, and a frequent contributor to websites and radio shows ranging from the US to East Asia. 1,788 more words


PressTV: Asian markets see further fall in oil prices

Mon Jan 12, 2015 5:6AM

Oil prices in Asian markets have experienced a further drop as the demand is weak and a continued oversupply puts more pressure on the prices already at their lowest in five and a half years.  171 more words


The economic pendulum swings again

The grand expanse that is Canada guarantees that one of the iconic realities of our national character remains our ability and willingness, when necessary, to pull up stakes and head for wherever the pastures grow greenest. 665 more words



This is from Alex Jones’ InfoWars.

It sounds like the impending economic crash if the oil prices go below $40.00 per barrel will make 1929 crash look like a picnic. 561 more words

Oil's plunge through $50 a barrel is starting to embarrass the remaining bulls

Oil started the first full week of 2015 by plunging through its third price threshold in a little over a month. The US-traded benchmark, known as WTI, punched through $50 a barrel–half the $100 price sold at which it sold in September. 372 more words

Oil Drops (2)

The Alberta government announced this morning that they will be opening a judicial inquiry into whether the incompetence of the Edmonton Oilers hockey team over the past nine years has been the cause of the worldwide drop in oil prices of over 40 percent in just over a month.

31 Dec 2014 (TheAge) - Oil prices hit five-year low

(31 Dec 2014, The Age, BusinessDay, p21, AFP)

‘Crude oil prices have fallen to a five-year low with analysts blaming expectations of more bad news for demand due to slower economic conditions. 35 more words

1.Market Observations