Archive for September, 2019

Market News and Commentary – Wall Street Underground

Saudi Arabia Displays Fragments From Attack Site It Says ‘Unquestionably’ Prove Iranian Involvement Saudi Arabia said Wednesday that strikes on its oil infrastructure that suspended half of the kingdom’s oil production were “unquestionably” sponsored by Iran, adding that the strikes originated from the north. It displayed what it said were fragments of the arsenal of [...]

Market News and Commentary – Wall Street Underground

Oil Jumps In Record Trading After Attack On Saudi Facilities . NEW YORK (Reuters) – Oil ended nearly 15% higher on Monday, with Brent logging its biggest jump in over 30 years amid record trading volumes, after an attack on Saudi Arabian crude facilities cut the kingdom’s production in half and fanned fears of retaliation [...]

Market News and Commentary – Wall Street Underground

It Will Take Saudis Months To Return To Normal Output Volumes – Before Then USABLE OIL WILL RUN OUT! . A RETALIATORY ATTACK ON IRAN IS IMMINENT! Before this is the worlds biggest oil complexes This is after 20 hybrid cruise missile drone “TRUMP projectiles” South Korea tested and supplied to IRAN! DUBAI (Reuters) – [...]

Market News and Commentary – Wall Street Underground

Saudi Arabia Was Attacked. Turmoil Is Coming To The Oil Markets. A major Saudi Arabian oil field was attacked on Saturday, and it’s safe to say that no one saw this coming. Nick Note: BULLSHIT! I saw this coming and told you they would knock out Saudi production… Score a BINGO and $250 oil here [...]

Market News and Commentary – Wall Street Underground

Shutdown Amounts To A Loss Of Some Five Million Barrels A Day, Roughly 5% Of The World’s Daily Production Of Crude . THE SAUDI PRODUCTION SHUTDOWN AMOUNTS TO A LOSS OF ABOUT FIVE MILLION BARRELS A DAY, THE PEOPLE SAID, ROUGHLY 5% OF THE WORLD’S DAILY PRODUCTION OF CRUDE OIL. THE KINGDOM PRODUCES 9.8 MILLION [...]

Market News and Commentary – Wall Street Underground

Saudi Energy Giant Aramco Ready For Two-Stage Market Launch . ABU DHABI (AFP) SAUDI ENERGY GIANT ARAMCO IS READY FOR A TWO-STAGE IPO BUT THE TIMING IS UP TO THE GOVERNMENT, ITS CHIEF EXECUTIVE SAID TUESDAY, FLAGGING A POSSIBLE FOREIGN LISTING AS PART OF THE OFFERING. Aramco is “ready” for the giant stock market debut [...]

Market News and Commentary – Wall Street Underground

Tokyo Stock Exchange Emerges As International Frontrunner For Saudi’s Aramco IPO . LONDON – Saudi Arabian Oil Co., the world’s largest oil firm, is considering conducting its initial public offering in two stages, with the Tokyo Stock Exchange emerging as the international frontrunner, The Wall Street Journal reported Thursday in its online edition. The state [...]