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  1. amoy

    US-Saudi Oil Competition Leverages Pressure on OPEC, Russia

    Crude Tankers Bound For China Surge Amid Stockpiling Signals 26 Apr 2016 China, the world’s second-biggest crude consumer, may be poised for another increase in imports after the number of supertankers bound for the Asian country’s ports rose to a 16-month high amid signs it’s stockpiling...
  2. amoy

    US-Saudi Oil Competition Leverages Pressure on OPEC, Russia

    Aside from all those factors or theories the most FUNDAMENTAL is still the world economic slowdown that results in rebalancing in supply-&-demand . More commodities than oil r plunging - and the denominating currency - USD fluctuation Those commodity exporters surely get hurt most.
  3. amoy

    US-Saudi Oil Competition Leverages Pressure on OPEC, Russia

    Russia Russian Central Bank Hikes Interest Rates to 17.5% / Sputnik International American shale-related HY bonds So, OPEC's no-production-cut strategy has worked ?
  4. amoy

    US-Saudi Oil Competition Leverages Pressure on OPEC, Russia

    just like what I said China and America r Yin Yang on the Pacific Rim - "the seemingly contradicting powers r interdependent and give rise to each other." other lesser consumer states should focus on how to maximize their own gains out of current oil price crunches against the global...
  5. amoy

    US-Saudi Oil Competition Leverages Pressure on OPEC, Russia

    The whole world shall welcome the US (back) to the energy arena - the more competition the more merry. The US crude oil production peaked last time perhaps around the Vietnam War?! With China's ambitions in South China Sea both US and China are likely to become the Yin-Yang in the...
  6. amoy

    US-Saudi Oil Competition Leverages Pressure on OPEC, Russia

    One man's poison can be another's medicine :taunt: China's Crude Oil Imports Surge Despite Slow Demand UPDATE 1-Cheaper oil and strong dollar push import prices lower | Reuters
  7. amoy

    US-Saudi Oil Competition Leverages Pressure on OPEC, Russia

    Venezuela has already fallen victim to this competition ... http://blogs.ft.com/beyond-brics/2014/10/22/venezuelas-latest-surprise-default-china/ :sucide:
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