Saudi Arabia

In "Seismic Shift" To Mid-East Regional Power, Saudis Halt Egypt Oil Supplies As Cairo Turns To Iran

Saudi Arabia has informed Egypt that shipments of oil products have been halted indefinitely, suggesting a deepening rift between the two nations. In response, an Egyptian delegation suggested late on Sunday evening that it would visit Iran, Saudi Arabia's main political rival, to try to strike new oil deals. Such a visit would cement a break in Egypt's alliance with Saudi Arabia and "mark a seismic shift in the regional political order."

Morgan Stanley Finds OPEC Jawboning Peaks At Times Of High Oil Shorts, Low Liquidity

"The group has repeatedly made bullish announcements about OPEC intervention during periods of low liquidity (e.g. US holidays), and whenever short positions become large. If prices continue to slip, the chances for bullish OPEC headlines grow, which could lift prices briefly even if there is no follow through." - Morgan Stanley

Martin Armstrong Fears "Significant Rise In Civil Unrest" If Hillary Is Elected

"If Hillary is elected, it will be by rigging the election. Our computer has never been wrong on this score. So if she takes office, this will be the worst administration in history and may very will set in motion the phase transition where capital flees to bonds and we see a significant rise in civil unrest."

Oil Slammed Lower After Saudi Threatens To Ramp Up Supply

Follow OPEC's blame-mongering statement earlier today -"observers should not be quick to judge or criticize" the organization - it appears mutiny is occurring within the cartel as OPEC sources report Saudi Arabia threatening to "steeply raise" output following Iran's refusal to cap output. WTI is tumbling on the news, testing towards a $43 handle.

What Does It Take To Bring Hillary Clinton To Justice?

Virtually the whole planet holds its collective breath at the prospect of Hillary Clinton possibly becoming the next President. How’s that humanly possible, as the (daily) Bonfire of The Scandals – relentlessly fed by WikiLeaks revelations and now converging FBI investigations - can now be seen from interstellar space? It’s possible because Hillary Clinton, slouching through a paroxysm of manufactured hysteria, is supported by virtually the whole US establishment, a consensual neocon/neoliberalcon War Party/Wall Street/corporate media axis.  But History has a tendency to show us there’s always a straw that breaks the camel’s back.