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The case for $40 <b>oil</b> by June 2017

The world oil market is at a crucial inflection point. While crude oil prices rose 20 per cent after Saudi Arabia engineered a 1.2 million barrel per day …The post The case for $40 <b>oil</b> by June 2017 appeared first on crude-oil….


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The case for $40 <b>oil</b> by June 2017

The world oil market is at a crucial inflection point. While crude oil prices rose 20 per cent after Saudi Arabia engineered a 1.2 million barrel per day …The post The case for $40 <b>oil</b> by June 2017 appeared first on crude-oil….


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Senator Rand Paul’s Annual Festivus Airing Of Grievances

In a time-honored tradition – started by television sitcom ‘Seinfeld’ – Senator Rand Paul aired a list of his grievances Friday for Festivus. In the past his outburst has been aimed at wasteful government spending, this year the target of his ire is the president-elect, his cabinet choices, and the media

 

Hello again, I hope everyone is having a Happy Festivus! It’s once again time for my annual #AiringofGrievancespic.twitter.com/pZfRtAUtZN

— Senator Rand Paul (@RandPaul) December 23, 2016

In a series of tweets, CBS reports the Republican senator, who ran against Donald Trump in the GOP primary, blasted the president-elect and those he’s appointed to his incoming administration:

 

New administration is lookin good. Haven’t seen this many billionaires in 1 place since I staked out Bilderbergs w/ Alex Jones. Good times.

— Senator Rand Paul (@RandPaul) December 23, 2016

My favorite Cabinet pick is what’s his name, umm it’s that guy who wanted to eliminate the Dept. of @ENERGY. Hang on I’ll think of it…

— Senator Rand Paul (@RandPaul) December 23, 2016

New administration has some great people. But I wanna know who has to tell @realdonaldtrump he can’t build a golf course on the South Lawn?

— Senator Rand Paul (@RandPaul) December 23, 2016

But I’m upset VP & cabinet wasn’t picked w/ a reality show. I would have watched. You would have too, don’t deny it. #AiringofGrievances

— Senator Rand Paul (@RandPaul) December 23, 2016

He also took some jabs at the media, taking no prisoners among both conservative- and liberal-leaning news outlets.

I’m gonna have to stop tweeting about Festivus soon, @FoxNews just asked me to come on & talk about my own personal #WaronChristmas. Rude.

— Senator Rand Paul (@RandPaul) December 23, 2016

For the folks at @MSNBC, that was a joke.

— Senator Rand Paul (@RandPaul) December 23, 2016

The post Senator Rand Paul’s Annual Festivus Airing Of Grievances appeared first on crude-oil.top.


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Senator Rand Paul’s Annual Festivus Airing Of Grievances

In a time-honored tradition – started by television sitcom ‘Seinfeld’ – Senator Rand Paul aired a list of his grievances Friday for Festivus. In the past his outburst has been aimed at wasteful government spending, this year the target of his ire is the president-elect, his cabinet choices, and the media

 

Hello again, I hope everyone is having a Happy Festivus! It’s once again time for my annual #AiringofGrievancespic.twitter.com/pZfRtAUtZN

— Senator Rand Paul (@RandPaul) December 23, 2016

In a series of tweets, CBS reports the Republican senator, who ran against Donald Trump in the GOP primary, blasted the president-elect and those he’s appointed to his incoming administration:

 

New administration is lookin good. Haven’t seen this many billionaires in 1 place since I staked out Bilderbergs w/ Alex Jones. Good times.

— Senator Rand Paul (@RandPaul) December 23, 2016

My favorite Cabinet pick is what’s his name, umm it’s that guy who wanted to eliminate the Dept. of @ENERGY. Hang on I’ll think of it…

— Senator Rand Paul (@RandPaul) December 23, 2016

New administration has some great people. But I wanna know who has to tell @realdonaldtrump he can’t build a golf course on the South Lawn?

— Senator Rand Paul (@RandPaul) December 23, 2016

But I’m upset VP & cabinet wasn’t picked w/ a reality show. I would have watched. You would have too, don’t deny it. #AiringofGrievances

— Senator Rand Paul (@RandPaul) December 23, 2016

He also took some jabs at the media, taking no prisoners among both conservative- and liberal-leaning news outlets.

I’m gonna have to stop tweeting about Festivus soon, @FoxNews just asked me to come on & talk about my own personal #WaronChristmas. Rude.

— Senator Rand Paul (@RandPaul) December 23, 2016

For the folks at @MSNBC, that was a joke.

— Senator Rand Paul (@RandPaul) December 23, 2016

The post Senator Rand Paul’s Annual Festivus Airing Of Grievances appeared first on crude-oil.top.


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Market Forecast – 1Q 2017: Fireworks Ahead on Trump, Brexit

Market Forecast – 1Q 2017: Fireworks Ahead on Trump, Brexit

A raft of failures plagued forecasters in 2016. The markets did not to foresee Donald Trump’s victory in the US presidential election, the last-minute OPEC production cut accord, and the outcome of the Brexit referendum. Prices gyrated wildly as investors repositioned after each tectonic shock. This breakneck volatility may yet prove to have been but a warm-up for fireworks on a far grander scale however as last year’s surprises become reality in the first quarter of 2017.

US Dollar Q1 2017 Forecast – Dollar Draws on Many Sources to Extend 14-Year High

After nearly two years of consolidation, the Dollar (ICE Index) was finally driven to a critical bullish breakout in the final months of 2016.

Euro Q1 2017 Forecast – EUR/USD Enters 2017 Positioned for More Downside

The post Market Forecast – 1Q 2017: Fireworks Ahead on Trump, Brexit appeared first on forexnewstoday.net.


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Is India losing the lead ?

Crude oil prices recovered on expectation of cut in output by oil producers; that finally happened in November. Other commodities also recovered as …The post Is India losing the lead ? appeared first on crude-oil.top.


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Is India losing the lead ?

Crude oil prices recovered on expectation of cut in output by oil producers; that finally happened in November. Other commodities also recovered as …The post Is India losing the lead ? appeared first on crude-oil.top.


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An Angry Israel Summons Foreign Ambassadors, Accuses Obama Of Conspiring Against It

Israel’s anger mounted for a second day after Friday’s United Nations snub, when on Sunday it summoned ambassadors of countries from the UN Security Council for a Christmas Day reprimand for their support of a resolution condemning Israel’s illegal settlements on Palestinian lands. The vote passed in the 15-member Security Council on Friday because the United States broke with its long-standing approach of diplomatically shielding Israel and did not wield, as a permanent member of the forum, its veto power, instead abstaining.

On Saturday, Prime Minister Netanyahu lashed out at the US, calling Obama’s behavior a “shameful ambush”, warning he would re-evaluate his contacts with (and defund) the United Nations, while saying he looks forward to working with his “friend” Donald Trump. Then on Sunday, Netanyahu put his personal imprint on the show of anger by repeating at the weekly cabinet meeting what an unidentified Israeli government official contended on Friday – that Washington had conspired with the Palestinians to push for the resolution’s adoption. The White House has denied the allegation

According to our information, we have no doubt the Obama administration initiated it (the resolution), stood behind it, coordinated the wording and demanded it be passed,” Netanyahu told the cabinet in public remarks. “The resolution that was passed at the UN yesterday is part of the swan song of the old world that is biased against Israel but, my friends, we are entering a new era,” Mr Netanyahu said at a Hanukkah candle-lighting ceremony. “And just as President-elect Trump said yesterday, it will happen much sooner than you think.” 

One can only hope that in this “new era” airplanes full of world-famous army singers are not targeted in retaliation for diplomatic scandals.

Ambassadors from 10 of the 14 countries that voted in favor of the resolution and have embassies in Israel – Britain, China, Russia, France, Egypt, Japan, Uruguay, Spain, Ukraine and New Zealand – were summoned to the Foreign Ministry in Jerusalem, the ministry said.

Moments ago, the Haaretz newspaper added that Netanyahu had also summoned the US ambassador.

BREAKING: NETANYAHU SUMMONS US AMBASSADOR DAN SHAPIRO OVER SECURITY COUNCIL VOTE, PM OFFICE OFFICIAL SAYS

— Barak Ravid (@BarakRavid) December 25, 2016

The move came as Israeli prime minister Benjamin Netanyahu cancelled a visit to Israel by Volodymyr Groysman, his Ukrainian counterpart, and accused US President Barack Obama of “disgraceful” behaviour for failing to exercise the US veto. Mr Groysman had due to arrive in Israel on Wednesday on his first official visit to the Jewish state.  As reported yesterday, Israel will also suspend some of its funding to the UN, Netanyahu said in a vituperative speech on Saturday evening, in which he warned of further diplomatic and economic retaliation against countries that opposed Israel in international bodies. The Israeli leader vowed to work with incoming US President Donald Trump and members of Congress to fight “all-out war against this resolution”, in his sharpest public attack ever on Mr Obama.

Sunday is a regular work day in Israel, but most embassies are closed, and calling in envoys on Christmas Day is highly unusual Reuters adds.

At the weekly cabinet meeting on Sunday, Netanyahu described a telephone conversation with U.S. Secretary of State John Kerry on Thursday, when Israel and President-elect Donald Trump successfully pressed Egypt to drop the anti-settlement resolution it had put forward. It was resubmitted a day later by New Zealand, Senegal, Venezuela and Malaysia.

“Over decades American administrations and Israeli governments disagreed about settlements, but we agreed that the security council was not the place to resolve this issue,” Netanyahu said.

“We knew that going there would make negotiations harder and drive peace farther away. As I told John Kerry on Thursday, ‘Friends don’t take friends to the Security Council’,” he said, switching from Hebrew to English.

Israel has pursued a policy of constructing settlements on territory it captured in a 1967 war with its Arab neighbors – the West Bank, Gaza and East Jerusalem, areas Palestinians seek for a state.

Most countries view the settlement activity as illegal and an obstacle to peace. Israel disagrees, citing biblical and historical connections to the West Bank and Jerusalem as well as security interests.

Netanyahu’s government is likely to get new support in pursuing hardline policies toward the Palestinians when Mr Trump, who has promised to be the most pro-Israel president in history, takes office on January 20 the FT notes. Foreign diplomats in Israel had, before Friday’s vote, speculated that Mr Obama might withhold the US veto on a resolution critical of Israel as a way of putting down legal parameters on the conflict and the two-state solution before leaving office.

Mr Trump said on Saturday that the UN vote was “a big loss yesterday for Israel in the United Nations will make it much harder to negotiate peace.”

“All American presidents since (Jimmy) Carter upheld the American commitment not to try to dictate permanent settlement terms to Israel at the Security Council,” Mr Netanyahu said on Saturday evening. “And yesterday, in complete contradiction of this commitment, including an explicit commitment by President Obama himself in 2011, the Obama carried out a shameful anti-Israel ploy at the UN.”

The post An Angry Israel Summons Foreign Ambassadors, Accuses Obama Of Conspiring Against It appeared first on crude-oil.top.