Iran

Will Trump Send The Price Of Oil Soaring?

Suddenly there is a ray of hope in OPEC's dark world, and it comes courtesy of president-elect Donald Trump, who just may eliminate as much as 1 million barrels of OPEC oil output, or the cartel's entire excess production, should he undo the deeply unpopular within GOP circles Iran nuclear agreement, which would also collapse Iranian oil exports and send the price of oil surging.

The Clintons And Soros Launch America's Purple Revolution

Not only must Trump have to deal with Republican neocons trying to worm their way into his administration, but he must deal with the attempt by Soros to disrupt his presidency and the United States with a Purple Revolution

Do Progressives Really Find "White Trash" More Threatening Than Nuclear War?

"The progressives have totally discredited themselves just as the presstitutes have done. They actually prefer the risk of Armageddon to peace among nuclear powers. As their 501(c)3s live off corporate contributions, they prefer globalist corporate profits to jobs for ordinary Americans. These are the people who think of themselves as our instructors and our betters. If only Trump could exile the lot of them. They are anti-American to the core."

Oil Tumbles To $43 Handle As Iran Production Surged Most Since Sanctions Lifted

The cracks in the cartel are showing. Amid Saudi threats (over exemptions), Iran tells OPEC it has raised output by the most since international sanctions were lifted. With inventories remaining 300mm barrels above average and OPEC production at a new record high, hopes for any production freeze deal are fading fast and WTI has test pre-Trump $43 handle lows.

Frontrunning: November 11

  • Conquering Trump comes to DC (The Hill)
  • Trump’s Data Team Saw a Different America—and They Were Right (BBG)
  • Trump victory prompts U.S. fund managers to focus on inflation (Reuters)
  • Dollar’s Trump-Inspired Surge Sets Off Intervention Across Asia (BBG)
  • Trump Camp Works to Form Cabine (WSJ)

Hillary Is Down, But Not The Oligarchs (Yet)

In a country whose institutions have been so completely corrupted by the Oligarchy, it is difficult to achieve real change without bloodshed. If Trump is advised to be conciliatory, to hold out his hand, and to take the establishment into his government, the American people will again be disappointed.

World Oil And Its Seven Biggest Chokepoints

It’s common knowledge that most of the world’s oil is transported internationally by tankers. What might not be so commonly known is the fact that almost half of the crude shipped around the world passes through waters where piracy, the danger of terrorist attacks, or the possibility of local governments shutting down the waterway are all too real.

Frontrunning: November 9

  • IT'S TRUMP! STUNNING OUTSIDER VICTORY FOR 45TH PRESIDENT (AP)
  • Trump Surges to Stunning Victory (WSJ)
  • Trump takes the White House in stunning upset (Reuters)
  • Trump Pledges to Rebuild America (WSJ)
  • ‘Deplorables’ Rise Up to Reshape America (WSJ)
  • Trump, as Outsider, Broke Every Rule on Road to Victory (WSJ)

Wikileaks Election Day Special: Part 35 Of Podesta Emails Released

Yesterday, when Wikileaks released its second dump of Podesta emails, the so-called Part 34, we assumed that was it. We were wrong. Moments ago Wikileaks released an "election day special", dumping another 1,793 emails in Part 35 of its ongoing release, bringing the total to 58,375, and one which we can only assume is the definitive final release of Podesta emails.

Frontrunning: November 8

  • At last, America decides (Reuters)
  • America’s Voters Finally Get Their Day (BBG)
  • This Election Has One Sure Thing: A More Dysfunctional Congress (BBG)
  • Control of the Senate Goes Down to the Wire (WSJ)
  • 2016 Election Day: Live Results and Analysis (WSJ)
  • Dollar Volatility Drops as Clinton Leads in Final Election Poll (BBG)

Saudi-Iranian Fallout Could Destroy The OPEC Deal

While OPEC is officially communicating that it is ‘deeply optimistic that it could reach a deal to stabilize oil prices, and simultaneously scolding industry observers for being too quick to judge and express skepticism, behind closed doors, two of OPEC’s heavyweights and bitter regional rivals - Saudi Arabia and Iran - are reverting to their old ways of posturing with threats that neither will back down in the name of the greater (OPEC) good and let the other have their way.

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."