Tag: Oil

OPEC Shuts Down Oil Shipments To U.S. Refiners: Iraqi Oil Surges

U.S. refiners are receiving smaller shipments of oil from members of the Organization of Petroleum Exporting Countries (OPEC) due to the bloc’s production cut agreement, according to a new report by Bloomberg. Weekly crude imports from seven bloc nations dropped by 14 percent last week, the Energy Information Administration said. The fall brings import levels…

China Prepares To Launch Its Gold Convertible Petro-Yuan March 26, 2018: Five ‘Test Runs’ Have Successfully Completed.

The world’s top oil importer, China, is expected to launch its long-awaited and delayed yuan-denominated oil futures contract at the end of March, according to Reuters’ sources. The petroyuan is seen as Beijing’s challenge to the US dollar, the dominant global currency in oil contract settlements. UPDATE March 26, 2018: China’s Gold PetroYuan Futures Open:…

Chinese Petroyuan To Replace Rothschild Deep State Petrodollar

Petrodollars have dominated the global energy markets for more than 40 years. But now, China is looking to change that by replacing the word dollars for yuan. Nations, of course, have tried this before since the system was set up by former US Secretary of State Henry Kissinger in tandem with the House of Saud back…

Iraq’s Largest Oil Refinery Complex In Bayji Being Prepared To Be Placed Back Online: Iraqi Oil Sales Surges Surpassing Saudi Arabia As Fastest Growing Market

Iraq began to rebuild its largest oil refinery this week, jumpstarting an effort to reconstruct the country after a three-year war with the [CIA Mossad Proxy Army ISIS aka] terrorist Islamic State, an announcement from the oil ministry said. The Baiji complex should produce 70,000 barrels of oil per day upon completion, ministry spokesman Assem…

Iraqi Oil Surges 30% To China & 23% To India Surpassing Saudi Arabia As Fastest Growing Market

Iraq is gaining the edge over Saudi Arabia in the world’s fastest-growing oil consumer amid an intensifying race among producers to retain their most-prized markets. Iraq was the top crude supplier to India for a third month in May, shipping 1 million barrels a day, according to shipping data compiled by Bloomberg. Iraqi supplies accounted…

Venezuela “Free Of The Rothschild Dollar Tyranny” Oil Priced In Chinese Yuan

Venezuela published the price of its oil and fuel in Chinese currency on Friday in what it called an effort to free the socialist-run country from the “tyranny of the dollar,” echoing a plan recently announced by President Nicolas Maduro. Maduro last week said his government would shun the dollar after the United States announced…

Gold Backed Yuan: China Plans To Send The Price Of Gold Skyrocketing

In case anyone was wondering what the Chinese government is up to, this is exactly how China plans to send the price of gold skyrocketing. China Continues Its Massive Accumulation Of Gold: Stephen Leeb:  “At the moment, a stack of about 25 recently published books teeters on the floor next to my desk. They’re all about…

When $10 Trillion In Fiat Debt Plus $80 Trillion In Global Debt Is Created In A Decade

What happens when new currency [counterfeit = unbacked Foreign Federal Reserve Note] is created with few limits by central banks and commercial banks? Answer: Far too much debt and currency are created. One Last Grand Manipulation: U.S. Dollar’s Unsustainable Fraud. Everything Is Awesome Right Before The Entire Economy Collapses: No Problem For Iceland As They Jailed…

World’s Largest Goldmine Timika Indonesia Suspends Physical Gold Production.

JAKARTA — The American mining company Freeport-McMoRan has brought the world’s biggest gold mine, in the Indonesian province of West Papua, to a standstill. The corporation is butting heads with the Indonesian government over protectionist mining regulations. And now that Freeport has started to dismiss tens of thousands of workers, the local economy is poised…

China Boosting Oil Imports From Iran: Philippines Also Joins List of Iran’s Oil Clients

“State refiner Sinopec Corp and state-run oil trader Zhuhai Zhenrong Corp, the two biggest Chinese lifters of Iran’s oil, are set to roll over annual supply agreements with National Iranian Oil Company, with combined volumes of about 505,000 bpd,” media sources disclosed. China’s demand for foreign crude could touch new highs as state-run refiners start…

Turkey Aligns With Russia: The Last Days Of CIA Mossad’s ISIS In Syria

(TASS) Turkey and its counterparts have been working together in order to implement the road map on settling the Syrian crisis, which was adopted in Moscow, Turkish Defense Minister Fikri Isik said while addressing parliament. The minister pointed out that “cooperation with Russia helped achieve progress regarding the withdrawal of civilians from Aleppo.” “On December…

The 38,000 Walmart Greeters: Wake Up America ~ Oil Has Been Rising Since April 17th 2016

WAKE UP AMERICANS…. You’re Invested In Soon To Be Worthless Paper Assets: From SRSRocco: A SERIOUS CRACK appeared in the markets today. This was due to the lousy payroll report of only 38,000 new jobs for May. The market expected 160,000 new jobs, but it turned out to be more than four times less…. This…