Category OPEC

Budget Busting OPEC: #2 Producer Iraq Goes Rogue; Plans 600K Barrels Per Day Increase By End Of 2017

Subject: OPEC’s No.2 Goes Rogue: Plans 600,000 Bpd Oil Output Increase  BUDGET BUSTING OPEC http://www.zerohedge.com/news/2017-04-06/opecs-no2-goes-rogue-plans-600000-bpd-oil-output-increase  OPEC’s No.2 Goes Rogue: Plans 600,000 Bpd Oil Output Increase by Tyler Durden Apr 6, 2017 12:43 PM   Iraq has plans to boost its crude oil production by 600,000 bpd to 5 million bpd by the end of this year, regardless of its participation in OPEC’s production […]

Trump’s Foreign Policy, With the Press Distracted, Is Starting To Cohere

Trump’s Foreign Policy,  With the Press Distracted,  Is Starting To Cohere By CONRAD BLACK, Special to the Sun | March 21, 2017   Though it is hard to believe some days, the political atmosphere in Washington is slowly settling down. The Democrats drone tiresomely on, battering the piñata that there is no evidence that President Obama tapped candidate […]

February Job Gains Clears The Way For Fed Rate Hike This Week; Crude Realities For Oil; Some Bio-Pharma Plays That Could Have Blockbuster Potential

February Job Gains Clears The Way For Fed Rate Hike This Week; Crude Realities For Oil; Some Bio-Pharma Plays That Could Have Blockbuster Potential www.fortunascorner.com Where The Jobs Are……..And, Aren’t      Friday’s Non-Farm Payrolls report released by the Bureau of Labor Statistics showed that the number of net new jobs created in the U.S. […]

Iran & Assad Regime Reportedly Near A Deal To Allow Tehran To Build Military Base At Syrian/Mediterranean Port Of Latakia

Iran & Assad Regime Reportedly Near A Deal To Allow Tehran To Build Military Base At Syrian/Mediterranean Port Of Latakia http://www.fortunascorner.com           Barney Breen writes in the Mach 10, 2017 edition of the Jerusalem Post, that “Iran is on the verge of reaching a deal with the ‘regime’ of Syrian ‘President Assad […]

OPEC’s Misleading Narrative About World Oil Supply

  AP Photo/Hasan Jamali Exhaust rises from an oil facility in the desert field of Sakhir, Bahrain, Septe More…  POLICY BRIEF – Environment and Natural Resources Program, Belfer Center OPEC’s Misleading Narrative About World Oil Supply Author: Leonardo Maugeri | March 2017 At a time when energy market headlines focus mainly on OPEC cuts, observers may be forgiven for […]

DOW Falls Short Of 20K; But Chances Are We Break Through Before Fridays Close; Some Bio-Pharma Stocks That Got Upgrades Today – Going Into 2017

DOW Falls Short Of 20K; But Chances Are We Break Through Before Fridays Close; Some Bio-Pharma Stocks That Got Upgrades Today – Going Into 2017 http://www.fortunascorner.com      The DOW failed once again to breach the 20K mark today; but, the prevailing opinion across Wall Street is this bull run still has legs, and we […]

Potential Takeover Candidates In The Technology Space; Oil Surges; Gold Tanks; Copper Riding On Expected Infrastructure Spending; What To Expect In Stocks For December

Potential Takeover Candidates In The Technology Space; Oil Surges; Gold Tanks; Copper Riding On Expected Infrastructure Spending; What To Expect In Stocks For December     http://www.fortunascorner.com       There were three articles in last weekend’s Barron’s, that I made no reference to because the length of my Sunday article would have been too long. […]

The Trump Rally Has Legs; Friday, December 1 — Non-Farm Payrolls At 0830 EDT On The Number Of Net New Jobs Created In The U.S. In Month Of November; Fed Rate Hike In December All But Certain

The Trump Rally Has Legs; Friday, December 1 — Non-Farm Payrolls At 0830 EDT On The Number Of Net New Jobs Created In The U.S. In Month Of November; Fed Rate Hike In December All But Certain www.fortunascorner     I hope all of you enjoyed the Thanksgiving holiday and got some quality time with […]

Saudi Oil Shipments To Egypt Halted Indefinitely, Egyptian Officials Say

http://www.reuters.com/article/us-egypt-saudi-oil-idUSKBN1320RQ?utm_campaign=Brookings+Doha+Center&utm_source=hs_email&utm_medium=email&utm_content=37229687 COMMODITIES | Mon Nov 7, 2016 | 1:12pm EST Saudi Oil Shipments To Egypt Halted Indefinitely, Egyptian Officials Say A Saudi Aramco employee sits in the area of its stand at the Middle East Petrotech 2016, an exhibition and conference for the refining and petrochemical industries, in Manama, Bahrain, September 27, 2016. REUTERS/Hamad I Mohammed Saudi Arabia […]

Saudi Arabia Has Ways To Hit Back At 9/11 Lawsuit Effort

Saudi Arabia Has Ways To Hit Back At 9/11 Lawsuit Effort bigstory.ap.org · by AYA BATRAWY DUBAI, United Arab Emirates (AP) – Saudi Arabia and its allies are warning that U.S. legislation allowing the kingdom to be sued for the 9/11 attacks will have negative repercussions. The kingdom maintains an arsenal of tools to retaliate with, including […]