Banks Could Start Seizing Shale Assets
The chances or survival for many shale companies are slim to nonexistent.
The chances or survival for many shale companies are slim to nonexistent.
‘The impacts will be felt throughout oil’s global supply chains and ripple into other parts of the energy sector.’
‘Production has only one way to go: down.’
No signs world’s top oil exporter and OPEC’s top producer and leader, Saudi Arabia, will back down from oil price war.
‘In such an environment, it is as possible for Brent prices to briefly go to $10 per barrel as it was back in 1986 or 1998…’
However, overall impact from crisis has negatively impacted markets
Former VP prepared to decimate energy sector if elected
The end of the petrodollar?
Oil prices spike
Island nation allies to both Iran, US
Island nation allies to both Iran, US
China also warns against any escalation
Also blames corruption in Washington for climate change
Admin official says Iran’s oil funds global terrorism
VLCC suspected of carrying Iranian crude oil