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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (109373)	12/31/2014 7:01:28 AM
From: elmatador	Respond to of 217866

Obama has fired a shot at OPEC in the war to control global oil markets by quietly sanctioning the easing of America's 40-year ban on exporting crude. ... ending of America's self-imposed embargo on oil exports would mark a serious escalation in the unfolding oil price war with Opec led by Saudi Arabia. The kingdom has made it clear that it is willing to watch the price of oil fall lower in order to protect its share of the global market. Opec share has fallen to about a third of world supply, down from about half 20 years ago as the flood in shale oil drilling in the US and new supplies telegraph.co.uk