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Baystreet.ca - Why The U.S. Is So Vulnerable To Rising Oil Prices

Baystreet.ca - Why The U.S. Is So Vulnerable To Rising Oil Prices
baystreet.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from baystreet.ca Daily Mail and Mail on Sunday newspapers.

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Why The U.S. Is So Vulnerable To Rising Oil Prices

Why The U.S. Is So Vulnerable To Rising Oil Prices
oilprice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oilprice.com Daily Mail and Mail on Sunday newspapers.

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Biden's Abysmal Day Just Got Worse: OPEC+ Snubs Plea For More Oil, Says "No Need" To Pump More

Biden's Abysmal Day Just Got Worse: OPEC+ Snubs Plea For More Oil, Says "No Need" To Pump More
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

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David Einhorn Lays Out The Blindingly Simple Reason Why Soaring Inflation Can Not Be Transitory

David Einhorn Lays Out The Blindingly Simple Reason Why Soaring Inflation Can Not Be Transitory
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

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One For The History Books: A New Control Regime In Oil

by Tyler Durden By Larry McDonald, author of The Bear Traps Report You have to give pause when you think that the only news in markets that mattered today is OPEC+ and what the next move is by them. We live in a world with growing demand, shrinking supply. ESG matters, climate change, inflation, Iran, etc, mean nothing today in the global crude market. All people want to know is what OPEC+ is going to do next. So clearly IT is an important issue for the market before we tackle anything else. The sticking point in the talks – the UAE (United Arab Emirates) want a higher baseline after large-scale CAPEX investments in recent years’ production capacity and wants to boost production by 700mbd. On the other hand, the Saudis do not want to offend the Russians and other players by adjusting the UAE baseline.

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