marketcrash
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debtcollapse
oil prices
04/22/2022
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By News Editors
David Stockman on inflationary hell that’s about to break loose
It is only a matter of time before Kiev surrenders to the Russians, with or without their clown-car president signing the armistice. But that deal will be so onerous from Washington’s perspective that it will not mark the end of the sanctions war, but will be an excuse for its actual intensification and indefinite prolongation. […]
04/15/2022
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By Mary Villareal
EU looking at embargo on Russian oil products, potentially causing another supply chain catastrophe
European officials are now drafting plans for an embargo on Russian oil products, the most contested measure yet in punishing Russia for its invasion of Ukraine. After banning Russian coal – a move that sent coal prices around the globe at all-time highs – the European Union (E.U.) is now likely to adopt a similar […]
03/31/2022
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By Ramon Tomey
Saudi Arabia may increase oil prices amid Russia-Ukraine war
Saudi Arabia may increase the price of its crude oil as the repercussions of the Russia-Ukraine war are felt throughout global markets. An assessment by Bloomberg found that state-owned petroleum company Saudi Aramco may raise the selling price of its flagship Arab Light crude to $5 a barrel in Asia. The news outlet added that the price increase […]
03/31/2022
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By Ethan Huff
Saudi Arabia says it can’t ensure oil supply stability amid “jittery period” of global instability
Prince Abdulaziz bin Salman, Saudi Arabia’s energy minister, said his country can no longer ensure energy security due to a “jittery period” in the world’s markets. What was once a sure and steady supplier of oil has become another casualty, or so we are told, of an escalating world war, which is conveniently collapsing just about […]
03/30/2022
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By Mary Villareal
The REAL price of fuel: Reports of deaths and violence plague Sri Lanka as people queue to buy expensive fuel
The Russian invasion of Ukraine has increased protests in Sri Lanka as the country falls into its worst economic crisis since its independence in 1948. The fuel crisis in Sri Lanka has led to at least three deaths due to the long hours of waiting that proved too much for people. Numerous others have also […]
03/25/2022
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By Arsenio Toledo
Price of crude oil shoots above $120 per barrel during short squeeze; experts warn of even higher oil prices in coming months
During a short squeeze on Wednesday, March 23, the price of crude oil futures shot up to a record-breaking price of $120 per barrel. Financial experts warn that this is just the beginning, and oil prices will one day stay above $120 per barrel for a long time. Brent crude futures, one of several internationally […]
03/20/2022
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By Arsenio Toledo
Oil prices continue to surge amid fears of approaching supply crisis
The price of oil worldwide surged once again on Thursday, March 17, after the International Energy Agency (IEA) warned that the world could experience a massive shortage in the global oil supply by next month. According to the IEA, Russian oil production could shrink by nearly three million barrels per day (bpd) while Russian oil exports could fall […]
03/17/2022
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By Arsenio Toledo
Russian sanctions and oil embargoes to cause world’s biggest oil supply crisis by next month
The International Energy Agency (IEA) warned that the massive drop in oil exports from Russia will lead to a catastrophic reduction in the global oil supply, which consumers are already feeling and will be reeling from by next month. The Russian invasion of Ukraine led to economic sanctions and embargoes from many nations all over […]
03/16/2022
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By Mary Villareal
Record gas prices are pushing up everyday costs, could lead to recession
Americans are in shock with the surging prices at gas stations across the country. The global energy costs are now rippling through the economy following Russia’s invasion of Ukraine, and the surges appear to be making inflation problems even worse. John Migliorini, vice president of Lakeville Trucking in Rochester, New York, said that customers may […]
03/11/2022
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By JD Heyes
Massive global depression coming as “dark years” for the world are beginning, says renowned expert
The world is now entering its most dangerous period since the last world war, a leading global analyst who predicted the effects of quantitative easing, as well as major currency shifts, is warning. That includes the potential for financial collapse and thermonuclear war between great powers, warns Egon von Greyerz, founder of Matterhorn Asset Management, which is […]
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