shtf
populationcollapse
debtcollapse
starvation
disaster
chaos
foodcollapse
oil
02/09/2024
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By Ethan Huff
Iraq to DITCH U.S. dollar for oil trades, joining growing dedollarization trend
In an effort to dodge ongoing United States sanctions against its banking system, the finance committee of the parliament of Iraq wants all oil sales from here on out to be transacted in currencies other than the Federal Reserve Notes, also known as the U.S. dollar. The committee released a statement chastising the U.S. government […]
01/11/2024
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By Cassie B.
Oil prices could double as Red Sea attacks continue, experts warn
Energy markets are bracing as attacks and disruptions carried out by Yemen’s Houthi rebels in the Red Sea are expected to send oil prices upward, with Goldman Sachs warning that prices could even double. The Houthis have been enacting what amounts to a blockade of shipping through the Red Sea and conducting ongoing attacks on […]
10/11/2023
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By Arsenio Toledo
Oil prices surge following large-scale clashes between Israel and Palestine
Large-scale hostilities between Israel and Palestinian militant groups in the Gaza Strip have sent crude oil prices surging even after oil prices already spent the entirety of the summer inching their way closer to $100 a barrel. The amount of conflict between Israel and Palestine has reached a level not seen in months, and traders have responded […]
08/30/2023
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By Ethan Huff
BRICS nations jolt global economy, start trading oil in RUPEES rather than dollars
While the United States obsesses about things like mutilating children’s genitals as the economy enters a freefall collapse, members of the BRICS (Brazil, Russia, India, China, and South Africa) alliance are starting to trade oil using currencies other than the petrodollar. Just the other day, in fact, India reportedly purchased an order of oil using […]
08/07/2023
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By Arsenio Toledo
OPEC’s crude production DROPS to its lowest level in three years as Saudi Arabia continues to throttle oil production
The Organization of the Petroleum Exporting Countries’ (OPEC) crude oil production has plummeted to its lowest level in three years, largely due to Saudi Arabia implementing deeper cutbacks in production in a bid to shore up global oil prices. Data shows that OPEC’s crude oil output plunged by 900,000 barrels a day last month to an […]
05/10/2023
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By Arsenio Toledo
Poland threatens to cut off oil exports to major German refinery if Russian state-owned oil company remains a major shareholder
Poland has threatened to cut off oil exports to Germany’s PCK Schwedt Refinery if it does not completely remove a Russian company as a shareholder. The PCK Schwedt Refinery in Germany’s northeastern Brandenburg state, owned and operated by PCK Raffinerie GmbH, is set to receive around 135,000 tons of oil in May from Poland through […]
04/05/2023
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By Ethan Huff
The West’s anti-Russian oil embargo is CRUMBLING as nations begin buying fuel directly from Russia above the price cap
The rest of the world has had enough of the West’s bullying of Russia as it concerns the purchase of cheap Russian oil. A United States-led oil embargo against Russia that aimed to stop the import of Russian oil by members of the anti-Russian oil coalition beyond the established Russian crude price cap of $60 […]
02/28/2023
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By Ethan Huff
THREE separate fires occurred simultaneously at three separate Mexican oil refineries
Are climate terrorists behind the latest spate of mysterious fires to occur at oil refineries, this time in both the United States and Mexico? In case you missed it, three separate fires broke out all on the same day at three different oil refineries owned by Pemex, which operates both in the U.S. and Medico. […]
02/15/2023
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By Arsenio Toledo
Russia to shift 75-80% of oil exports to “friendly” nations
Russia will radically shift its exports of oil, selling between 75 percent to 80 percent to “friendly” nations this year, according to Deputy Prime Minister Aleksandr Novak. The official noted that these countries would also receive around 75 percent of Russia’s refined oil products and that Moscow will continue looking for new markets in more accepting nations. […]
02/07/2023
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By Arsenio Toledo
Oil prices to rise above $100 a barrel this year due to lack of investment in energy production capacity
The price of oil will rise back above $100 a barrel this year, and will continue rising in 2024 due to serious supply problems as spare production capacity runs out. This dire warning comes from senior Goldman Sachs analyst Jeff Currie, who spoke at an event in Riyadh, Saudi Arabia. “The commodity super cycle is […]
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