Tag: OPEC
The End of the Petrodollar?
April 4, 2023
Another oil deal has been initiated without the use of the dollar. The India Ministry of External Affairs (MEA) announced that their latest trade deal with Malaysia...
World TradeWashington Downplays Poor Relations with Saudi Arabia
October 31, 2022
The Davos in the Desert meeting has humiliated Washington. The president himself was unable to secure a deal with Saudi Arabia, and now America’s elite are...
World TradeBiden Begs OPEC+ to Delay Vote Until After Midterms
October 17, 2022
Joe Biden is playing dirty before the midterm elections by urging Saudi Arabia to delay the OPEC+ oil vote until December. The Saudis, who unofficially run OPEC+,...
Corruption Energy PoliticsMacron Tells Biden to Rethink Energy Plans
June 30, 2022
French President Emmanuel Macron pulled US President Joe Biden aside at the G7 summit to explain a few basic facts. Biden has been demanding Middle Eastern nations...
EnergyFOREX & the Wild West Days of the ’80s
January 10, 2020
QUESTION: Mr. Armstrong; I was told that you were indeed the largest forecaster in foreign exchange. The story in London is you advised nearly all the Middle East...
ConspiracyOPEC & Manipulating Oil Prices
October 4, 2016
The Organization of Petroleum Exporting Countries’ (OPEC) agreement to cut production is supposed to end Saudi Arabia’s policy of the last to years to...
EnergyCommodities Depend on the Currency
December 8, 2015
QUESTION: Mr. Armstrong, you said the decline in commodity prices will not reduce production but can actually accelerate output. How can this be? It does not make...
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