‘Some short term pain for some long-term gain’
‘Too much production capacity outside of the OPEC + Russia group’
‘Nicolas Maduro has staged a coup d’etat’
Making it harder for Venezuela’s socialist gov’t to control the tech industry
‘Saudi Arabia is under extraordinary pressure both internally and externally’
‘Inefficiency and corruption that is paid for by the Venezuelan consumer’
It is unclear who sent the bomb
‘Clear evidence that the Kremlin is financing anti-fracking propaganda’
Russia might need US oil to save itself …
OPEC’s own members are screwing up its plans
‘Oil is the leading cause of Russia’s current economic crisis’
They simply can’t sustain cheap oil prices
Venezuela: Can we please stabilize oil now?
Slowest growth since the financial crisis …
Cheap oil is generally good news for America.
‘The U.S. faces potentially significant longer-term challenges to strong and sustained growth’
‘OPEC is just powerless’
‘2016 is year number two in a multi-year adjustment process to reach balanced budgets’
Iranian vessels carrying the crude oil are restricted from entering ports in Saudi Arabia and Bahrain.