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Tag: OPEC

The End of the Petrodollar?

Another oil deal has been initiated without the use of the dollar. The India Ministry of External Affairs (MEA) announced that their latest trade deal with Malaysia...

Washington Downplays Poor Relations with Saudi Arabia

The Davos in the Desert meeting has humiliated Washington. The president himself was unable to secure a deal with Saudi Arabia, and now America’s elite are...

Biden Begs OPEC+ to Delay Vote Until After Midterms

Joe Biden is playing dirty before the midterm elections by urging Saudi Arabia to delay the OPEC+ oil vote until December. The Saudis, who unofficially run OPEC+,...

Macron Tells Biden to Rethink Energy Plans

French President Emmanuel Macron pulled US President Joe Biden aside at the G7 summit to explain a few basic facts. Biden has been demanding Middle Eastern nations...

FOREX & the Wild West Days of the ’80s

QUESTION: Mr. Armstrong; I was told that you were indeed the largest forecaster in foreign exchange. The story in London is you advised nearly all the Middle East...

OPEC & Manipulating Oil Prices

The Organization of Petroleum Exporting Countries’ (OPEC) agreement to cut production is supposed to end Saudi Arabia’s policy of the last to years to...

Commodities Depend on the Currency

QUESTION: Mr. Armstrong, you said the decline in commodity prices will not reduce production but can actually accelerate output. How can this be? It does not make...