North Korea Increases Aid to Russia, Mos... Tue Nov 19, 2024 12:29 | Marko Marjanovi?
Trump Assembles a War Cabinet Sat Nov 16, 2024 10:29 | Marko Marjanovi?
Slavgrinder Ramps Up Into Overdrive Tue Nov 12, 2024 10:29 | Marko Marjanovi?
?Existential? Culling to Continue on Com... Mon Nov 11, 2024 10:28 | Marko Marjanovi?
US to Deploy Military Contractors to Ukr... Sun Nov 10, 2024 02:37 | Field Empty
Anti-Empire >>
Parse failure for http://humanrights.ie/feed/.
Last Retry Tuesday October 07, 2025 03:30
News Round-Up Tue Oct 07, 2025 01:15 | Richard Eldred
A summary of the most interesting stories in the past 24 hours that challenge the prevailing orthodoxy about the ?climate emergency?, public health ?crises? and the supposed moral defects of Western civilisation.
The post News Round-Up appeared first on The Daily Sceptic.
Does Trump Not Realise How Globally Toxic Tony Blair Is? Mon Oct 06, 2025 19:30 | Ramesh Thakur
Trump's peace plan for Gaza might yet succeed, but why on earth does Tony Blair feature, asks Professor Ramesh Thakur. Does Trump not realise how globally toxic the Blair brand is?
The post Does Trump Not Realise How Globally Toxic Tony Blair Is? appeared first on The Daily Sceptic.
Stupidologiology Mon Oct 06, 2025 18:15 | James Alexander
William Davies has written an article titled 'Stupidology' which Prof James Alexander summarises as: 'Trump is stupid. Brexit was stupid. I am not stupid. Neither are my friends. Why do stupid people have power?'
The post Stupidologiology appeared first on The Daily Sceptic.
Backlash as Nando?s Limits Customers to One Coke per Visit Under New ?Nanny State? Rules Mon Oct 06, 2025 15:11 | Will Jones
Nando's has sparked a backlash after restricting customers to a single glass of Coca-Cola Classic under new 'nanny state' Government rules aimed at cutting sugar consumption.
The post Backlash as Nando’s Limits Customers to One Coke per Visit Under New ‘Nanny State’ Rules appeared first on The Daily Sceptic.
?Nudge? Has a New Evil Twin: ?Stochastic Terror? Mon Oct 06, 2025 13:30 | Nick Rendell
'Nudge' has a new evil twin, says Nick Rendell: 'stochastic terror'. When all else fails, the Left foments the conditions for random political violence and then sits back and waits for someone to pick off Trump or Farage.
The post ‘Nudge’ Has a New Evil Twin: ‘Stochastic Terror’ appeared first on The Daily Sceptic.
Lockdown Skeptics >>
Voltaire, international edition
Will intergovernmental institutions withstand the end of the "American Empire"?,... Sat Apr 05, 2025 07:15 | en
Voltaire, International Newsletter N?127 Sat Apr 05, 2025 06:38 | en
Disintegration of Western democracy begins in France Sat Apr 05, 2025 06:00 | en
Voltaire, International Newsletter N?126 Fri Mar 28, 2025 11:39 | en
The International Conference on Combating Anti-Semitism by Amichai Chikli and Na... Fri Mar 28, 2025 11:31 | en
Voltaire Network >>
national |
miscellaneous |
news report
Friday January 10, 2003 22:22
by blisset
printable version
Digg this
del.icio.us
Furl
Reddit
Technorati
Facebook
Gab
Twitter
View Comments Titles Only
save preference
Comments (1 of 1)
Jump To Comment: 1Saudi Oil Minister Ali al-Naimi is in Vienna where the effects of Venezueala´s general strike are beginning to effect the price of a barrel of Brent Crude.
He sent a "strong message" to world oil markets, where prices recently hit a two-year high, above $33 a barrel, for U.S. crude.
last week it was about 32$
so in those terms the Prestige would be worth 125.000$ more this week.
"There is a shortage. It is significant," said Naimi of the Venezuelan outage. "I can assure you that there will be no shortage." He predicted that oil prices "will be lower" after Sunday's meeting.
OPEC is under pressure from the United States to stop prices running out of control ahead of a possible U.S. attack against Baghdad, that some fear could be just weeks away.
Chavez said on the third day of the strike that "anarchy was not an option".
Thankfully anarchists working with trade unionist have provided for food supply throughout the country and we can discount his words as rhetoric. Though they go some way to explaining why anarchists kept silent in the early days of the strike.
Ministers must judge the volume of additional crude required to contain prices inside their preferred $22-$28 target range.
Kuwaiti Oil Minister Sheikh Ahmad al-Fahd al-Sabah has said the group is discussing a rise of 1.0-1.5 million barrels a day, up 4-7 percent on limits now of 23 million bpd.
Saudi Arabia, in control of most of the world's spare production capacity, wants an increase at the top end of the range.
Others including the UAE, Iran, Algeria and Libya are fearful that an end to the Venezuelan strike could push prices sharply lower and prefer just one million barrels daily.
Iran and Libya are also "on the list".
IF OIL CAN BE PUSHED TO 39$
iraq war is off.
so go and ask for Oil at your local shops.
get a sort of run going.
supply and demand isn´t that what capitalism is about.
perhŕps our new found friends the farmers could stock up on lots of oil for the next time they come to Dublin and help the evolving revolution take control.
:-)