The Currency War Will Escalate as China’s ‘Petro-Yuan’ Challenges the U.S. Military-Backed ‘Petro-Dollar’

The Currency War Will Escalate as China’s ‘Petro-Yuan’ Challenges the U.S. Military-Backed ‘Petro-Dollar’

One quote that always crosses my mind regarding the decline of the U.S. dollar and the state of geopolitics associated with it, is by Gerald Celente, founder of the Trends Research Institute who said that “When all else fails, they take you to war.”  As the U.S. dollar continues to lose its status as the world’s premiere reserve…

Pakistan Must Make the Most of Newly Discovered Oil Reserves

Pakistan Must Make the Most of Newly Discovered Oil Reserves

News has broken that the American company Exxon Mobil has discovered vast oil reserves beneath the soil of Pakistan’s Balochistan province. According to Exxon Mobil’s experts, the reserves appear to be larger than Kuwait’s which if fully confirmed would make Pakistan one of the top ten oil producing nations on earth. For a country looking to revitalise…

The “Petroyuan” Might Save Nigeria and Avert Another Migrant Crisis

The “Petroyuan” Might Save Nigeria and Avert Another Migrant Crisis

China has expressed a readiness to increase its investments in Nigeria’s oil industry. The China National Offshore Oil Corporation has plans to pump another $3 billion into this sphere on top of the $14 billion in assets that it already has in the West African state, which is a huge move that indicates its intent…

The New Russia-Saudi Partnership Has Riyadh’s US Ally Over a Barrel

The New Russia-Saudi Partnership Has Riyadh’s US Ally Over a Barrel

Oil realities in 2018  Donald Trump has Tweeted about a phone call to Saudi Arabia’s King Salman where the elderly monarch is said to have agreed to increase the production of oil to 2 million barrels per day so as to lower fuel prices in the United States, the world’s second largest energy consumer. https://twitter.com/realDonaldTrump/status/1013023608040513537…

Low Oil Prices Are America’s Weapon Against Iran, a Reason for Russia to Keep Them High

Low Oil Prices Are America’s Weapon Against Iran, a Reason for Russia to Keep Them High

President Trump is stepping up his attack on Iran. He’s now planning the long-game for maximum pressure. The news that Trump quietly asked Saudi Arabia to ramp up output by 1 million barrels a day is the key. From the analysis at Oilprice.com: Saudi Arabia and some of its close Arab allies in the Gulf,…