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Monday, May 20, 2019
Wednesday, May 15, 2019
"Saudi Arabia dropped another 45,000 barrels per day in April"
OPEC April Production Data
The data below was taken from the OPEC Monthly Oil Market Report. All data is through April 2019 and is in thousand barrels per day. The data is crude only, that is it does not include condensate.
Total OPEC production hardly moved in April, down a mere 3,000 barrels per day.
THE FUTURE OF OIL
Tuesday, May 14, 2019
"It will severely impact the world economy because with U.S. shale oil accounting for 66% of the rise in global oil production over the past decade, it was the leading driver for economic growth"
Global Economic Growth In Serious Trouble When U.S. Shale Oil Peaks & Declines
Monday, May 13, 2019
“Corporate debt isn’t going to cause the next recession, but it’s where the pain will be in the next recession.”
U.S. Recession Would Spur ‘Massive’ Corporate Bond Losses, Eisman Says
CENTRAL BANKS ARE ALSO CONCERNED
Tuesday, May 7, 2019
"The main lesson for me is that growth is not a “good quantum number,” as physicists will say: it’s not an invariant of our world. Cling to it at your own peril"
By Tom Murphy
Exponential Economist Meets Finite Physicist
Act One: Bread and Butter
- Middle East Tensions Add #Risks To #Oil Shipping
- #OPEC Production Continues Slide - Can USA Stave O...
- #Shale Oil Peak Signals Serious #Economic Decline
- #MarketWatch: Massive Corporate #Bond Losses Expec...
- #Economic Collapse Looms - Just Do The #Math
- #IMF: Soaring #VENEZUELA, 40% + Unemployment Rate,...
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