Middle East

5 Negative Factors For Oil Prices

With the value of crude oil price forecasting firmly established (as practically worthless), we will continue to monitor the global crude oil market to assess how events and trends will be impacting the crude oil price. At present we are bearish for crude oil, as we believe the following factors will be driving the oil prices in the short to medium term.

Kremlin Slams Demands For Assad's Ouster As ISIS Kills Hundreds Of "Human Shields" In Mosul

Kremlin spokesman Dmitry Peskov said on Saturday that Assad needs to stay in power to prevent the country from falling into the hands of jihadis, and added that the entire territory of Syria must be "liberated," dismissing demands for Syrian President Bashar Assad's departure as "thoughtless." "There are just two options: Assad sitting in Damascus or the Nusra sitting in Damascus."

NSA Whistleblower: US Intelligence Worker Likely Behind DNC Leaks, Not Russia

[w]e have the information... If the F.B.I. asks, we are ready to supply the I.P. addresses, the logs, ... but nobody contacted us. It’s like nobody wants to sort this out...analysis of the internal data allows [us] to confidently refute any conclusions about the involvement of the Russian special services in this attack..."

Jill Stein Slams Hillary Clinton's Foreign Policy As "Scarier Than Trump's"

Regrettably for Americans, Stein is right about the Democratic nominee. Those concerned about the future of America with someone as erratic as Donald Trump in the Oval Office are justified in their worry, but to believe Hillary is somehow a “better option” is not only a naive assumption — but a reckless one. A vote for Hillary is undoubtedly a conscious vote to go war with a nuclear-armed superpower.

Saudi Arabia Is Already Spending The New Bond Money

The ink wasn't even dry yet on the just concluded historic, upsized and dramatically oversubscribed bond sale by Saudi Arabia which raised $17.5 billion and Saudi Arabia was already begun spending the money. Roughly at the same time as the wire transfers were taking place, the Saudis were busy repaying debts to state contractors, after long delays that squeezed company finances and hurt investor sentiment.

Saudi Arabia Launches Sale Of 5, 10 And 30 Year Bonds, Seeks To Raise Up To $15 Billion

The most anticipated bond sale of the year has officially started, with Saudi Arabia seeking to sell between $10 and $15 billion in three tranches, a 5Y, 10Y and 30Y offering. Pricing is expected to take place tomorrow, Oct. 19; with the books set to close at 5pm in NYT on Tuesday October 15.  Tentative pricing will be as follows:

The Real Humanitarian Crisis Is Not Aleppo

Why do we hear only of the “humanitarian crisis in Aleppo” and not of the humanitarian crisis everywhere else in Syria where the evil that rules in Washington has unleashed its ISIL mercenaries to slaughter the Syrian people? We are in the middle of a presidential campaign in the US and no one has asked why the US is determined to overthrow a democratically elected Syrian government that is supported by the Syrian people.

The Story Changes: The Pentagon Is No Longer Sure Yemen Fired Missiles At A US Ship

The Pentagon declined to say whether the USS Mason destroyer was targeted by multiple inbound missiles fired from Yemen on Saturday, as initially thought, saying a review was underway to determine what happened. "We are still assessing the situation. There are still some aspects to this that we are trying to clarify for ourselves given the threat."

RT's Bank Accounts Blocked In The UK; Russia Foreign Ministry Slams RBS' Decision

While we have yet to get an update from Wikileaks on the status of Julian Assange's internet connection at the Ecuadorian embassy in the UK, which as reported overnight was allegedly "severed" by an unknown "state party", moments ago Russia's RT, a media outlet funded by the Russian government, has allegedly seen its bank accounts blocked by the UK, according to a tweet by the station's editor-in-chief, Margarita Simonyan.