Tag: crude oil

North Korea Used Berlin Embassy To Smuggle Nuclear Tech, German Spy Chief Claims

North Korea obtained ballistic missile equipment and technology using its embassy in Berlin, says the head of Germany’s domestic intelligence agency, Hans-Georg Maassen in an interview with public broadcaster NDR.  “We determined that procurement activities were taking place there, from our perspective with an eye on the missile program, as well as the nuclear program […]

Michael Isikoff Says He Was “Stunned” To See His Story Cited In FISA Warrant

It’s not every day that investigative journalists discover their work was cited in a controversial warrant application that has become a flashpoint of partisan conflict in the US. So, it’s telling that, rather than being honored to see his work having such a profound impact, Yahoo News reporter Michael Isikoff said he was “stunned” to […]

Stockman Exposes The Two Elephants In The Room That The GOP Has Completely Forgotten

Authored by David Stockman via Contra Corner blog, The US economy is threatened by two giant problems which cause all others to pale into insignificance. We are referring to a rogue central bank that has become an absolute enemy of capitalist prosperity and a fiscal doomsday machine that is hostage to the ceaseless budgetary demands of […]

Crude check on oil capex

New Delhi: Finance minister Arun Jaitley may have skirted the problem of rising crude price in the budget, but not the oil PSUs who have turned cautious on their capital expenditure plans in the coming fiscal. Budget documents show the oil PSUs raising their capital expenditure only marginally (0.61 per … The post <b>Crude</b> check on […]

Aramco’s Oil Pricing in Asia Unchanged in Sign of Slower Demand

State-owned Saudi Arabian Oil Co., known as Saudi Aramco, set the official pricing for Arab Light crude to Asia at a premium of $1.65 a barrel more than the regional benchmark, it said Sunday in an emailed statement. It's the first time since 2007 that the Asia Light pricing was kept unchanged for two … The […]

Crude oil price rally worries BSP

The Bangko Sentral ng Pilipinas (BSP) has a crude oil price assumption of $50 to $65 per barrel for 2018. But, in recent weeks, the benchmark price reached $70 (Brent) and continued to rally around this level. The February 1 Brent crude was at $69.50 per barrel. With the curbed inventories, the market … The post […]

Two Dead, 70 Injured In South Carolina Amtrak Train Collision

A crash between an Amtrak passenger train and a CSX freight train in South Carolina killed at least two people and injured at least 70 on Sunday, the South Carolina Emergency Management Division (SCEMD) reported. The Amtrak train was heading from New York to Miami with 139 passengers and 8 crew members on board when […]

Eacop pipeline

Eacop pipeline. Construction of the 1403km EACOP pipeline, which will transport crude oil from Hoima Sep 04, 2017 · Uganda Seeks More Land For Oil Pipeline. 5 billion East Africa Crude Oil Pipeline (EACOP). The ratification sets a new stage towards the implementation of the 1,445 kilometre East … The post Eacop pipeline appeared first on […]

Gas prices continue to rise, though US production skyrocketing

In a GasBuddy Q-and-A, DeHaan offers several reasons why gas prices are rising even as U.S. refineries are churning out 10 million barrels of oil per day, “the highest … Crude oil exports had been banned with very few exceptions after the 1973 OPEC oil embargo, an effort to prevent supply disruptions. The post Gas […]

Algorithms Are Fine – Until Governments Use Them Against Us

Authored by Robert McKeown via The Mises Institute, If you’re a frequent user of social media platforms you’ve probably noticed something akin to being watched or even monitored. Suddenly, an advertisement appears for a product you might have reviewed on Amazon or eBay. A series of videos appears to the right of your YouTube page […]