Independent thinking for complex markets and current events
Oil continues to decline Aramco CEO Amin Nasser went on TV to explain that demand should be coming back soon Meanwhile, Saudi Arabia and Russia agreed to extend their production cut of 1 million barrels a day on Monday OPEC is really making an effort to push up the price of… pic.twitter.com/JtDj1MIL0r — Genevieve Roch-Decter, …
by Chris Black Jared Kushner’s Israel deal with the Arab states is dead in the water, probably in the medium term, definitely in the long term. This is just basic math. Everyone on earth outside of the “international community” sees that the United States is a power in absolute decline, and a sinking ship they …
by Chris Black I hope you remember this fiasco: Blinken: I press Saudis on LGBTQI issues ‘in every conversation’ https://t.co/yLWAtwKaSc via @politico — Sloan section 31 (@LonnyBush) June 17, 2022 Joe Biden is widely believed to be the single worst leader in US history. But we should not discount the role Antony Blinken has played. …
*SAUDI PLANS NEW OIL CUTS AS PART OF OIL DEAL It’s important to note here that every Saudi cut = loss of market share + subsidy for other producers Saudi’s tried this up until 2015 to support prices until they realized they were losing huge mkt share & opened flood gates pic.twitter.com/fqkZXSTiXe — Adem Tumerkan …