Вот не могу понять, почему ОПЕК говорит о том, что он решил заморозить добычу нефти до 70 $ (за что, вы знаете), а вся остальная медия радуется, одновременно сетуя: " Ну, лаааадно, что уж тут поделаешь.. ." Неужто точно нет на Свете Бога кроме ОПЕКа, а Пиндостан - пророк его? А те, кто задумался, приглашаются к просмотру zeitgst_pckd_Vr.2 на трубе

Earlier in the week, after all the talk about the large fall in oil prices, I was thinking about how short sited people are. Winter in the northern hemisphere is coming, which will increase demand. OPEC could always cut supply, in an effort to increase prices. More importantly, oil is still a nonrenewable resource. Sadly, I didn't feel like walking over to the computer, then I forgot about it. I...

...on the Amsterdam stock exchange Friday on rumors it was short of capital, falling 27% to 7.34 euros. The company's US traded shares suffered similar losses on the NYSE. 5) Analysts: 1 million barrel OPEC cut not enough A crude oil production cut of even 1mn barrels/day at OPEC's upcoming emergency meeting is unlikely to reverse slumping prices in the short term, analysts said Sunday, amid mounting...

Reportedly fed up with the posturings of Iran's oil minister and Venezuela's Hugo Chavez, Saudia Arabia has walked out of OPEC meetings and declared that it will increase production in order to meet the world's demands, instead of the world having to meet the demands of OPEC.  Aside from Iran and Venezuela, OPEC had intended to keep production low during the northern hemisphere's winter months, increasing...

Posted Sep 11 2008, 07:01 AM by Douglas McIntyre   Saudi Arabia walked out on OPEC yesterday, saying it would not honor the cartel's production cut. It was tired of rants from Hugo Chavez of Venezuela and the well-dressed oil minister from Iran. As the world's largest crude exporter, the kingdom in the desert took its ball and went home. As the Saudis left the building, the message...

...failure is probable. Lehman shares, which shed 54c to $7.25 Wednesday, tumbled another 6.9% in after hours trading. Shares of Citi, JPM, BoA, and Wachovia also fell. 3) Oil prices slip even after OPEC pares excess production and US inventories drop The Energy Department's Energy Information Administration said that crude inventories fell by 5.9mn barrels last week compared to the previous week...

...6.6%) to $40.40. Merrill Lynch declined $2.83 (10.3%) to $24.76. AIG tumbled $4.39 (19.3%) to $18.37, after hitting a new 52-week low of $18.28 earlier in the session. 3) Oil down as Ike shifts course, OPEC mulls output Oil prices closed below US$104/barrel Tuesday for the first time since early April as traders bet that Hurricane Ike would miss critical Gulf Coast oil installations, supported by the...

...bold enough to make big bets on U.S. stocks -- particularly with so many U.S. companies dependent on overseas revenue, and as questions linger about the health of the financial industry. 4) OPEC considers cutting oil production With oil prices off nearly 30 percent from their highs of almost $150 a barrel, OPEC oil ministers are considering what was unthinkable just a few weeks ago -- cutting...

Originally published at LBL-news.com | финансовые новости, форекс, сообщество трейдеров . Please leave any comments there. Организация стран - экспортеров нефти (OPEC) понизила свой прогноз по росту добычи нефти в 2008 году с 1,2 процента до 1,17 процента. Об этом сообщает агентство AFP. Причиной снижения прогноза является снижение темпов развития мировой экономики . Read the rest of this...

Brad Hicks has a good run down of the Georgian situation . By way of comparison, imagine if you will that, say, Texas and New Mexico had attempted to secede from the Union 15 years ago, and had not entirely...inferior military nor our lack of nukes would matter, because we mistakenly thought that if Mexico tried to stop us from recapturing Arizona and Texas, Europe would nuke them. Now you're caught up.