Exklusivinterview mit Omar Abu Rashed : Union Investment-Aktienexperte: Ölpreis und König könnten Sa - 500 Beiträge pro Seite | Diskussion im Forum
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Es ist der größte Schritt des Orients seit Jahrzehnten. Der Öl-Gigant Saudi Aramco aus dem Königreich Saudi-Arabien geht im Dezember auf das Börsenparkett der Saudi Stock Exchange Tadawul in Riad. Eine Zweitnotierung an einer westlichen Börse könnte …
Lesen Sie den ganzen Artikel: Exklusivinterview mit Omar Abu Rashed : Union Investment-Aktienexperte: Ölpreis und König könnten Saudi Aramco-Aktie ausbremsen
Es ist der größte Schritt des Orients seit Jahrzehnten. Der Öl-Gigant Saudi Aramco aus dem Königreich Saudi-Arabien geht im Dezember auf das Börsenparkett der Saudi Stock Exchange Tadawul in Riad. Eine Zweitnotierung an einer westlichen Börse könnte …
Lesen Sie den ganzen Artikel: Exklusivinterview mit Omar Abu Rashed : Union Investment-Aktienexperte: Ölpreis und König könnten Saudi Aramco-Aktie ausbremsen
dpa-AFX
04.12.2019 | 13:49
IPO/Kreise: Saudi Aramco will Spanne beim Ausgabepreis voll ausschöpfen
Der saudische Ölriese Saudi Aramco soll Insidern zufolge für seinen geplanten Börsengang das obere Ende der zuvor bekannten Preisspanne anpeilen. Das Aktienpaket im Umfang von 1,5 Prozent aller Anteile soll demnach für 32 saudische Rial (7,71 Euro) je Anteilsschein an der Börse platziert werden, wie die Nachrichtenagentur Bloomberg am Mittwoch unter Verweis auf mit der Sache vertraute Personen berichtete.
Viele lokale Investoren hätten ihre Bestellungen mit der Erwartung verbunden, dass eine starke Nachfrage zu einem Preis am oberen Ende der Spanne führen werde, hieß es weiter in dem Bericht der Agentur. Der Prospekt hatte zuvor von einer Spanne zwischen 30 und 32 Rial gesprochen. Die offizielle Bekanntgabe des Ausgabepreises wird laut Prospekt für diesen ...
https://www.finanznachrichten.de/nachrichten-2019-12/4834056…
...........................................................................................................................................
04.12.2019
Saudi-Prinz erlebt bei Börsegang von Aramco kleine Enttäuschung
30 Milliarden Dollar an Erlösen wollte Kronprinz Salman mit dem Börsengang von Aramco erlösen. Es dürften höchsten 25,6 Milliarden Dollar werden.
von Irmgard Kischko
Es ist ein Börsegang der Rekorde und trotzdem löst er keinen Enthusiasmus bei den Anlegern aus: Der staatliche saudische Ölkonzern Aramco, der über die weltweit zweitgrößten Erdölreserven (nach Venezuela) verfügt, geht an die Börse. 25,6 Milliarden Dollar sollen damit in die Kassen des ultrakonservativen Staates gespült werden.
So viel hat nicht einmal der chinesische Onlinehändler Alibaba geschafft, der mit seiner Aktienausgabe im Jahr 2014 rund 25 Milliarden Dollar einnahm. Und doch dürfte Kronprinz Mohammed bin Salman damit nicht zufrieden sein. Er träumte von 30 Milliarden Dollar, die der Verkauf von nur 1,5 Prozent von Aramco an Aktionäre einbringen sollte. Die Nachfrage der Anleger sei aber nicht berauschend gewesen, heißt es bei den Banken, die die Emission betreuen. Zwar war das Angebot 1,7-fach überzeichnet. Bei besonders erfolgreichen Börsegängen liege die Überzeichnung aber oft beim 20-fachen. Salman kämpft trotzdem dafür, dass die Aramco-Aktien am oberen Ende des Preisbandes von 30 bis 32 Rial (7,2 bis 7,7 Euro) platziert werden. Er braucht das Geld, für seinen Plan, die Wirtschaft des Landes weniger vom Öl abhängig zu machen und den sozialen Frieden zu sichern.
Gespalten
Die nicht allzu überbordende Nachfrage nach Aramco-Aktien hat mehrere Gründe. Zum einen wurde ein Teil ...
https://kurier.at/wirtschaft/saudi-prinz-erlebt-bei-boersega…
................................................................................................................................................
Benjamin Fulford Report: "Things Heat up" -- November 25, 2019
11/28/2019 01:56:00 AM Benjamin Fulford, CIA, Corruption, Economics, Federal Reserve, Geopolitics, Intel, Israel, Khazarian, Secret Societies, Trump, UK, US Government, USA, Zionist
Weekly Geo-political News and Analysis
Things heat up as Netanyahu indicted, while Trump declares war on the Queen
November 25, 2019
By Benjamin Fulford
...
Trump, meanwhile, is also attacking Wall Street, according to the Pentagon sources. “After the failed IPOs of WeWork, Lyft, and Uber, greedy Wall Street is unable to make much money from the pump-and-dump Aramco IPO, as their top dogs like JP Morgan and Goldman Sachs face DOJ criminal enterprise investigations along with Boeing, General Electric, and other corporate miscreants,” the sources say.
Saudi Aramco, of course, is key to the support of the Rockefeller petrodollar. On this front, the Pentagon sources note, “The Canada Pension Plan Investment Board, the Russian oil company Lukoil, and the Malaysian national oil company Petronas all say no to Aramco, leading other pensions like the Japan Pension Investment Fund and state-owned oil companies like Rosneft, PetroChina, Sinopec, Gazprom, Petrobras, and Pertamina to follow.” ...
https://operationdisclosure1.blogspot.com/2019/11/benjamin-f…
04.12.2019 | 13:49
IPO/Kreise: Saudi Aramco will Spanne beim Ausgabepreis voll ausschöpfen
Der saudische Ölriese Saudi Aramco soll Insidern zufolge für seinen geplanten Börsengang das obere Ende der zuvor bekannten Preisspanne anpeilen. Das Aktienpaket im Umfang von 1,5 Prozent aller Anteile soll demnach für 32 saudische Rial (7,71 Euro) je Anteilsschein an der Börse platziert werden, wie die Nachrichtenagentur Bloomberg am Mittwoch unter Verweis auf mit der Sache vertraute Personen berichtete.
Viele lokale Investoren hätten ihre Bestellungen mit der Erwartung verbunden, dass eine starke Nachfrage zu einem Preis am oberen Ende der Spanne führen werde, hieß es weiter in dem Bericht der Agentur. Der Prospekt hatte zuvor von einer Spanne zwischen 30 und 32 Rial gesprochen. Die offizielle Bekanntgabe des Ausgabepreises wird laut Prospekt für diesen ...
https://www.finanznachrichten.de/nachrichten-2019-12/4834056…
...........................................................................................................................................
04.12.2019
Saudi-Prinz erlebt bei Börsegang von Aramco kleine Enttäuschung
30 Milliarden Dollar an Erlösen wollte Kronprinz Salman mit dem Börsengang von Aramco erlösen. Es dürften höchsten 25,6 Milliarden Dollar werden.
von Irmgard Kischko
Es ist ein Börsegang der Rekorde und trotzdem löst er keinen Enthusiasmus bei den Anlegern aus: Der staatliche saudische Ölkonzern Aramco, der über die weltweit zweitgrößten Erdölreserven (nach Venezuela) verfügt, geht an die Börse. 25,6 Milliarden Dollar sollen damit in die Kassen des ultrakonservativen Staates gespült werden.
So viel hat nicht einmal der chinesische Onlinehändler Alibaba geschafft, der mit seiner Aktienausgabe im Jahr 2014 rund 25 Milliarden Dollar einnahm. Und doch dürfte Kronprinz Mohammed bin Salman damit nicht zufrieden sein. Er träumte von 30 Milliarden Dollar, die der Verkauf von nur 1,5 Prozent von Aramco an Aktionäre einbringen sollte. Die Nachfrage der Anleger sei aber nicht berauschend gewesen, heißt es bei den Banken, die die Emission betreuen. Zwar war das Angebot 1,7-fach überzeichnet. Bei besonders erfolgreichen Börsegängen liege die Überzeichnung aber oft beim 20-fachen. Salman kämpft trotzdem dafür, dass die Aramco-Aktien am oberen Ende des Preisbandes von 30 bis 32 Rial (7,2 bis 7,7 Euro) platziert werden. Er braucht das Geld, für seinen Plan, die Wirtschaft des Landes weniger vom Öl abhängig zu machen und den sozialen Frieden zu sichern.
Gespalten
Die nicht allzu überbordende Nachfrage nach Aramco-Aktien hat mehrere Gründe. Zum einen wurde ein Teil ...
https://kurier.at/wirtschaft/saudi-prinz-erlebt-bei-boersega…
................................................................................................................................................
Benjamin Fulford Report: "Things Heat up" -- November 25, 2019
11/28/2019 01:56:00 AM Benjamin Fulford, CIA, Corruption, Economics, Federal Reserve, Geopolitics, Intel, Israel, Khazarian, Secret Societies, Trump, UK, US Government, USA, Zionist
Weekly Geo-political News and Analysis
Things heat up as Netanyahu indicted, while Trump declares war on the Queen
November 25, 2019
By Benjamin Fulford
...
Trump, meanwhile, is also attacking Wall Street, according to the Pentagon sources. “After the failed IPOs of WeWork, Lyft, and Uber, greedy Wall Street is unable to make much money from the pump-and-dump Aramco IPO, as their top dogs like JP Morgan and Goldman Sachs face DOJ criminal enterprise investigations along with Boeing, General Electric, and other corporate miscreants,” the sources say.
Saudi Aramco, of course, is key to the support of the Rockefeller petrodollar. On this front, the Pentagon sources note, “The Canada Pension Plan Investment Board, the Russian oil company Lukoil, and the Malaysian national oil company Petronas all say no to Aramco, leading other pensions like the Japan Pension Investment Fund and state-owned oil companies like Rosneft, PetroChina, Sinopec, Gazprom, Petrobras, and Pertamina to follow.” ...
https://operationdisclosure1.blogspot.com/2019/11/benjamin-f…
Wo ist hier die Phantasie?
Ok. Aramco sitzt auf Ölreserven. Diese werden nach and nach verkauft.Und weiter?
Welche Entwicklungen kann es geben, welche neuen Geschäftsgebiete, welche neuen Produkte, welche Märkte können zusätzlich erschlossen werden?
Ich sehe nichts.
Es ist wohl die langweiligste Aktie, die ich je gesehen habe. Oder nicht?
Also: Woher kommt Phantasie für diesen Wert?
Antwort auf Beitrag Nr.: 62.080.943 von teecee1 am 04.12.19 19:37:28Samstag, 7. Dezember 2019
X-22 Report vom 6.12.2019 - Botschaft gesendet und empfangen - Zeit für den Hammer - Die Verantwortlichen werden bestraft. - Episode 2039b
...
... 9/11 ... Krieg ums OIL ... Petro Dollar System ... Anschalg auf saudische Ölanlagen ... persischer Golf Tankeranschläge ... ect ...
...
Gestern sprachen wir darüber, wie die Fake-News sagten, dass wir 12000, 14000, 15000 Soldaten in den Nahen Osten schicken, um den Iran zu zerschlagen.
Und wir sagten, das ist absolut gefälscht, unecht und falsch.
Trump twitterte heute:
Die heutige Geschichte, dass wir 12.000 Soldaten nach Saudi-Arabien schicken, ist falsch oder, um es genauer auszudrücken, Fake News!
...
Und die US-Beamten sagen, dass der Verdächtige bei der Schießerei auf dem Marineflugplatz in Pensacola ein Luftfahrtschüler aus Saudi-Arabien war.
Nun, das ist sehr interessant. Sie sagen, dass das mit Terror zu tun hatte.
Und wenn wir in der Zeit zurückgehen, wissen wir, dass Hillary und Obama Visa für eine Rekordzahl von saudischen Besuchern hier in den Vereinigten Staaten ausstellten.
Und wenn wir uns das ansehen, können wir sehen, dass Hillary Clinton die Zahl der Visa für saudische Besucher in den USA verdoppelt hat, während sie dabei half, ein Abkommen mit dem Königreich abzuschließen, um auf Sicherheitsverfahren für saudische Staatsangehörige bei ihrer Ankunft in den USA zu verzichten.
Insgesamt hat die Obama-Regierung die Schleusen für mehr als 700 und 9000 saudische Staatsangehörige geöffnet, von denen die meisten ein Studenten- oder Geschäftsvisum beantragt haben.
Hmm. Ich frage mich, ob dieses Individuum einer davon war.
Trump twitterte folgendes:
König Salman von Saudi-Arabien rief gerade dazu auf, sein aufrichtiges Beileid auszusprechen und den Familien und Freunden der Krieger, die bei dem Angriff in Pensacola, Florida, getötet und verwundet wurden, seine Anteilnahme zu bekunden......
https://qlobal-change.blogspot.com/2019/12/x-22-report-vom-6…
.......................................
Saudischer Schütze von Florida soll vor Tat antiamerikanisches Manifest veröffentlicht haben
7.12.2019 • 18:16 Uhr https://de.rt.com/21q7
Der Schütze, der auf einem Militärstützpunkt im US-Bundesstaat Florida drei Menschen getötet hat, soll vor der Tat ein Manifest auf Twitter veröffentlicht haben. Das berichtet die Washington Post unter Verweis auf mehrere US-Medien.
Die Site Intelligence Group und das Middle East Media Research Institute, ...
https://deutsch.rt.com/nordamerika/95551-saudischer-schutze-…
.................................................
Terrorism Probe Opened After Pensacola Shooter IDed As Saudi National Mohammed Alshamrani; Was There For Pilot Training
by Tyler Durden
Fri, 12/06/2019 - 16:58
Update 5: Fla. Sen. Rick Scott has called for an end to the program that brought the Pensacola shooter to the US. ...
https://www.zerohedge.com/health/active-shooter-pensacola-na…
.....................................................
Six Saudis Arrested For Questioning After Pensacola Shooting - Three Were Filming Attack
by Tyler Durden
Fri, 12/06/2019 - 22:45
Six Saudi nationals were taken into custody for questioning near the Florida naval base where an Air Force trainee - also from Saudi Arabia - opened fire Friday morning, killing three before a sheriff's deputy shot and killed him. ...
https://www.zerohedge.com/political/six-saudis-arrested-and-…
X-22 Report vom 6.12.2019 - Botschaft gesendet und empfangen - Zeit für den Hammer - Die Verantwortlichen werden bestraft. - Episode 2039b
...
... 9/11 ... Krieg ums OIL ... Petro Dollar System ... Anschalg auf saudische Ölanlagen ... persischer Golf Tankeranschläge ... ect ......
Gestern sprachen wir darüber, wie die Fake-News sagten, dass wir 12000, 14000, 15000 Soldaten in den Nahen Osten schicken, um den Iran zu zerschlagen.
Und wir sagten, das ist absolut gefälscht, unecht und falsch.
Trump twitterte heute:
Die heutige Geschichte, dass wir 12.000 Soldaten nach Saudi-Arabien schicken, ist falsch oder, um es genauer auszudrücken, Fake News!
...
Und die US-Beamten sagen, dass der Verdächtige bei der Schießerei auf dem Marineflugplatz in Pensacola ein Luftfahrtschüler aus Saudi-Arabien war.
Nun, das ist sehr interessant. Sie sagen, dass das mit Terror zu tun hatte.
Und wenn wir in der Zeit zurückgehen, wissen wir, dass Hillary und Obama Visa für eine Rekordzahl von saudischen Besuchern hier in den Vereinigten Staaten ausstellten.
Und wenn wir uns das ansehen, können wir sehen, dass Hillary Clinton die Zahl der Visa für saudische Besucher in den USA verdoppelt hat, während sie dabei half, ein Abkommen mit dem Königreich abzuschließen, um auf Sicherheitsverfahren für saudische Staatsangehörige bei ihrer Ankunft in den USA zu verzichten.
Insgesamt hat die Obama-Regierung die Schleusen für mehr als 700 und 9000 saudische Staatsangehörige geöffnet, von denen die meisten ein Studenten- oder Geschäftsvisum beantragt haben.
Hmm. Ich frage mich, ob dieses Individuum einer davon war.
Trump twitterte folgendes:
König Salman von Saudi-Arabien rief gerade dazu auf, sein aufrichtiges Beileid auszusprechen und den Familien und Freunden der Krieger, die bei dem Angriff in Pensacola, Florida, getötet und verwundet wurden, seine Anteilnahme zu bekunden......
https://qlobal-change.blogspot.com/2019/12/x-22-report-vom-6…
.......................................
Saudischer Schütze von Florida soll vor Tat antiamerikanisches Manifest veröffentlicht haben
7.12.2019 • 18:16 Uhr https://de.rt.com/21q7
Der Schütze, der auf einem Militärstützpunkt im US-Bundesstaat Florida drei Menschen getötet hat, soll vor der Tat ein Manifest auf Twitter veröffentlicht haben. Das berichtet die Washington Post unter Verweis auf mehrere US-Medien.
Die Site Intelligence Group und das Middle East Media Research Institute, ...
https://deutsch.rt.com/nordamerika/95551-saudischer-schutze-…
.................................................
Terrorism Probe Opened After Pensacola Shooter IDed As Saudi National Mohammed Alshamrani; Was There For Pilot Training
by Tyler Durden
Fri, 12/06/2019 - 16:58
Update 5: Fla. Sen. Rick Scott has called for an end to the program that brought the Pensacola shooter to the US. ...
https://www.zerohedge.com/health/active-shooter-pensacola-na…
.....................................................
Six Saudis Arrested For Questioning After Pensacola Shooting - Three Were Filming Attack
by Tyler Durden
Fri, 12/06/2019 - 22:45
Six Saudi nationals were taken into custody for questioning near the Florida naval base where an Air Force trainee - also from Saudi Arabia - opened fire Friday morning, killing three before a sheriff's deputy shot and killed him. ...
https://www.zerohedge.com/political/six-saudis-arrested-and-…
... ... einen Grund gibt es ... liegt aber nicht bei Aramco ... der ist Nebensache ... Erpressung durch den DS ... Drain the Swamp ...
Saudi-Arabien beendet Geschlechtertrennung in Restaurants und Cafés
Aktualisiert am 08. Dezember 2019, 23:10 Uhr
Kleine Schritte in Richtung Gleichberechtigung: In Saudi-Arabien müssen Frauen künftig keinen Extra-Eingang mehr benützen, wenn sie in Restaurants oder Cafés gehen. Das streng muslimische Land will sich zumindest ein wenig westlichen Gepflogenheiten anpassen.
Männer und Frauen dürfen in Restaurants und Cafés in Saudi-Arabien künftig denselben Eingang nutzen. In dem streng konservativen Land galt bisher die Vorschrift, dass Frauen und Familien einen Eingang nutzen müssen und Männer einen weiteren. Das saudische Ministerium für Gemeinden und ländliche Angelegenheiten kündigte am Sonntag auf Twitter an, ...
https://www.gmx.net/magazine/panorama/saudi-arabien-beendet-…
..................................................................................................................................................
Vier Gründe, warum Anleger nicht in Saudi Aramco investieren sollten
Am Mittwoch bringt der saudische Erdölkonzern seine Anteilsscheine in den Handel. Wer sich von den Superlativen beeindrucken lässt, könnte sich die Finger verbrennen.
09.12.2019 16:40
Gioia da Silva
Saudi Aramco ist ein Gigant sondergleichen. Die Bewertung des profitabelsten Unternehmens der Welt liegt bei 1'700 Milliarden US-Dollar, was etwa dem Wert aller Güter und Dienstleistungen entspricht, die jährlich in Kanada produziert werden. Ab Mittwoch sind die ersten Aktien des Erdölkonzerns an der Börse des arabischen Königreiches erhältlich – allerdings gibt Saudi Aramco "nur" Anteilsscheine im Gesamtwert von 25 Milliarden US-Dollar aus.
Womit wir schon beim ersten Problem wären. ...
https://www.cash.ch/news/politik/groesstes-ipo-der-geschicht…
.......................................................................................................................................................
Forget The Hype, Aramco Shares May Be Valued At Zero Next Year
by Tyler Durden
Mon, 12/09/2019 - 09:18
Authored by Simon Watkins via OilPrice.com,
This week will see the onset of full trading activity in the shares of Saudi Arabia’s flagship oil company, Aramco. Through a combination of wooing local retail investors via preferential loans, threatening wealthy Saudis with the sort of treatment they had during their imprisonment in the Ritz Carlton in 2017, and inveigling the two principal credit ratings agencies to toe the exact Saudi line on the ‘lack of significance’ of the ‘Houthi’ attacks on Abqaiq and Khurais, the Saudis have finally been able to sell off a part of Aramco. It may be nearly three years late, only around one third of the original amount intended, have no foreign listing, and be priced to value the entire company at much less than the US$2 trillion that Crown Prince Mohammad bin Salman (MbS) had staked his reputation on but it is done.
The shares are to be finally priced at the top end of the initial range, at SAR 32 (US$8), according to Saudi sources. The problem with this is that within the coming year Aramco shares could well be valued at US$0.
The reason for this is not connected to the fact that Aramco does not actually own any of the sites from which it extracts oil and gas – not a single field, not a single well. It is not connected to the fact that it is used as a conduit to fund the latest harebrained social or vanity projects that are nothing to do with its core business – including developing a USS5 billion ship repair and creating the King Abdullah University of Science and Technology. And nor is it connected to the mathematically impossible assertion by the Saudis that its oil reserves have remained at basically the same level for the last 30 or more years despite Saudi pumping an average of nearly three billion barrels of oil every year from 1973 to the end of 2017 - totalling 132 billion barrels – with no new significant oil finds being made during that period. It is not even connected to the multiple class-action lawsuits that Saudi Arabia is facing from the families of the ‘9-11’ terrorist attacks for its part in them (15 of the 19 hijackers were Saudi nationals) nor to MbS personally giving the order to murder journalist Jamal Khashoggi, according to the CIA, among many others. These, though, were key reasons why no listing for Aramco took place in the U.S., and indeed the U.K. ...
https://www.zerohedge.com/energy/forget-hype-aramco-shares-m…
... einen Grund gibt es ... liegt aber nicht bei Aramco ... der ist Nebensache ... Erpressung durch den DS ... Drain the Swamp ... Saudi-Arabien beendet Geschlechtertrennung in Restaurants und Cafés
Aktualisiert am 08. Dezember 2019, 23:10 Uhr
Kleine Schritte in Richtung Gleichberechtigung: In Saudi-Arabien müssen Frauen künftig keinen Extra-Eingang mehr benützen, wenn sie in Restaurants oder Cafés gehen. Das streng muslimische Land will sich zumindest ein wenig westlichen Gepflogenheiten anpassen.
Männer und Frauen dürfen in Restaurants und Cafés in Saudi-Arabien künftig denselben Eingang nutzen. In dem streng konservativen Land galt bisher die Vorschrift, dass Frauen und Familien einen Eingang nutzen müssen und Männer einen weiteren. Das saudische Ministerium für Gemeinden und ländliche Angelegenheiten kündigte am Sonntag auf Twitter an, ...
https://www.gmx.net/magazine/panorama/saudi-arabien-beendet-…
..................................................................................................................................................
Vier Gründe, warum Anleger nicht in Saudi Aramco investieren sollten
Am Mittwoch bringt der saudische Erdölkonzern seine Anteilsscheine in den Handel. Wer sich von den Superlativen beeindrucken lässt, könnte sich die Finger verbrennen.
09.12.2019 16:40
Gioia da Silva
Saudi Aramco ist ein Gigant sondergleichen. Die Bewertung des profitabelsten Unternehmens der Welt liegt bei 1'700 Milliarden US-Dollar, was etwa dem Wert aller Güter und Dienstleistungen entspricht, die jährlich in Kanada produziert werden. Ab Mittwoch sind die ersten Aktien des Erdölkonzerns an der Börse des arabischen Königreiches erhältlich – allerdings gibt Saudi Aramco "nur" Anteilsscheine im Gesamtwert von 25 Milliarden US-Dollar aus.
Womit wir schon beim ersten Problem wären. ...
https://www.cash.ch/news/politik/groesstes-ipo-der-geschicht…
.......................................................................................................................................................
Forget The Hype, Aramco Shares May Be Valued At Zero Next Year
by Tyler Durden
Mon, 12/09/2019 - 09:18
Authored by Simon Watkins via OilPrice.com,
This week will see the onset of full trading activity in the shares of Saudi Arabia’s flagship oil company, Aramco. Through a combination of wooing local retail investors via preferential loans, threatening wealthy Saudis with the sort of treatment they had during their imprisonment in the Ritz Carlton in 2017, and inveigling the two principal credit ratings agencies to toe the exact Saudi line on the ‘lack of significance’ of the ‘Houthi’ attacks on Abqaiq and Khurais, the Saudis have finally been able to sell off a part of Aramco. It may be nearly three years late, only around one third of the original amount intended, have no foreign listing, and be priced to value the entire company at much less than the US$2 trillion that Crown Prince Mohammad bin Salman (MbS) had staked his reputation on but it is done.
The shares are to be finally priced at the top end of the initial range, at SAR 32 (US$8), according to Saudi sources. The problem with this is that within the coming year Aramco shares could well be valued at US$0.
The reason for this is not connected to the fact that Aramco does not actually own any of the sites from which it extracts oil and gas – not a single field, not a single well. It is not connected to the fact that it is used as a conduit to fund the latest harebrained social or vanity projects that are nothing to do with its core business – including developing a USS5 billion ship repair and creating the King Abdullah University of Science and Technology. And nor is it connected to the mathematically impossible assertion by the Saudis that its oil reserves have remained at basically the same level for the last 30 or more years despite Saudi pumping an average of nearly three billion barrels of oil every year from 1973 to the end of 2017 - totalling 132 billion barrels – with no new significant oil finds being made during that period. It is not even connected to the multiple class-action lawsuits that Saudi Arabia is facing from the families of the ‘9-11’ terrorist attacks for its part in them (15 of the 19 hijackers were Saudi nationals) nor to MbS personally giving the order to murder journalist Jamal Khashoggi, according to the CIA, among many others. These, though, were key reasons why no listing for Aramco took place in the U.S., and indeed the U.K. ...
https://www.zerohedge.com/energy/forget-hype-aramco-shares-m…
Trading Spotlight
Antwort auf Beitrag Nr.: 62.116.325 von teecee1 am 09.12.19 19:28:03 ... ... Telekom -90% ... T-Online -100% ...
"Volksaktie" Saudi Aramco
Die Deutsche Telekom der Saudis
Größter Ölproduzent, profitabelstes Unternehmen der Welt: Saudi Aramco ist ein Konzern der Superlative. Nun soll er noch einen Rekordbörsengang hinlegen - auch dank kauffreudiger saudischer Kleinanleger.
Von Tim Bartz, Frankfurt am Main
... sondern daran, dass Riad Aramco weiterhin zu 98,5 Prozent kontrolliert und die gewaltigen Dividenden beinahe im Alleingang abräumt ...
... Zudem ist die Dividendenrendite unattraktiv. ... ... niedriger als die Kreditzinsen für die Kleinanleger + Gebühren ...
https://www.spiegel.de/wirtschaft/unternehmen/saudi-aramco-w…
................................
... ... Spülmittel ... was wird gespült ... herausgespült ...
Dienstag, 10. Dezember 2019
Trotz Aramco-Börsengang
Saudi-Arabien erwartet Milliarden-Defizit
Der weltgrößte Börsengang könnte Saudi-Arabien eine dreistellige Milliardensumme in die Staatskassen spülen. Das Geld kann das Regime in Riad sehr gut gebrauchen. Das Haushaltsdefizit dürfte 2020 noch einmal deutlich zulegen. ...
https://www.n-tv.de/wirtschaft/Saudi-Arabien-erwartet-Millia…
.................................
... ... was hängt man alls auf ... Wäsche ... Geld ...
Saudi Aramco:
So wird Saudi-Arabien noch stärker an den Märkten hängen
Saudi-Arabien bringt seinen staatlichen Ölkonzern an die Börse. Das wird nicht ganz so groß wie geplant. Aber für die Zukunft des Landes hat der Schritt enorme Bedeutung.
Eine Analyse von Heike Buchter, New York
https://www.zeit.de/wirtschaft/2019-12/saudi-aramco-oelkonze…
... Telekom -90% ... T-Online -100% ..."Volksaktie" Saudi Aramco
Die Deutsche Telekom der Saudis
Größter Ölproduzent, profitabelstes Unternehmen der Welt: Saudi Aramco ist ein Konzern der Superlative. Nun soll er noch einen Rekordbörsengang hinlegen - auch dank kauffreudiger saudischer Kleinanleger.
Von Tim Bartz, Frankfurt am Main
... sondern daran, dass Riad Aramco weiterhin zu 98,5 Prozent kontrolliert und die gewaltigen Dividenden beinahe im Alleingang abräumt ...
... Zudem ist die Dividendenrendite unattraktiv. ...
... niedriger als die Kreditzinsen für die Kleinanleger + Gebühren ...https://www.spiegel.de/wirtschaft/unternehmen/saudi-aramco-w…
................................
...
... Spülmittel ... was wird gespült ... herausgespült ... Dienstag, 10. Dezember 2019
Trotz Aramco-Börsengang
Saudi-Arabien erwartet Milliarden-Defizit
Der weltgrößte Börsengang könnte Saudi-Arabien eine dreistellige Milliardensumme in die Staatskassen spülen. Das Geld kann das Regime in Riad sehr gut gebrauchen. Das Haushaltsdefizit dürfte 2020 noch einmal deutlich zulegen. ...
https://www.n-tv.de/wirtschaft/Saudi-Arabien-erwartet-Millia…
.................................
...
... was hängt man alls auf ... Wäsche ... Geld ...Saudi Aramco:
So wird Saudi-Arabien noch stärker an den Märkten hängen
Saudi-Arabien bringt seinen staatlichen Ölkonzern an die Börse. Das wird nicht ganz so groß wie geplant. Aber für die Zukunft des Landes hat der Schritt enorme Bedeutung.
Eine Analyse von Heike Buchter, New York
https://www.zeit.de/wirtschaft/2019-12/saudi-aramco-oelkonze…
Antwort auf Beitrag Nr.: 62.126.765 von teecee1 am 10.12.19 21:06:57wer hier investiert kann ruhig auch verlieren.In Zeiten der Energiewende würde ich hier keinen einzigen Cent ausgeben. Es sei denn, man schmeißt wie schon einmal die erneuerbaren Energien in den Gulli, doch das kann sich die Welt jetzt nicht mehr leisten.
Besser jetzt Goldminen, Wasserstoffaktein und künstliche Intelligenz-hier liegt die Zukunft.Die Öl Multis können jetzt ruhig pleite gehen.....
Besser jetzt Goldminen, Wasserstoffaktein und künstliche Intelligenz-hier liegt die Zukunft.Die Öl Multis können jetzt ruhig pleite gehen.....
Antwort auf Beitrag Nr.: 62.126.765 von teecee1 am 10.12.19 21:06:57Breaking News: ... Wasser-Tretminen-Intelligenz ...
Die 2.222%-Wiederholung!?
weiterlesen >> ... nur Fliegen sind schöner ...
... ... ohne Öl gibt es keine einzige Unze Gold ... ect. ect. ect. ...
......................................................................................................................
... ... „so wertvoll wie eine kleine Bannane“ ... oder war es eine Gurke ...
... was kann man noch an die Wand kleben ... ne Curry-Wurst mit ... ne °peeep° Wurst ... den Hans-Wurst ...
... https://www.epochtimes.de/feuilleton/kultur/realsatire-120-0…
.........................................................................................................................
IPO/ROUNDUP:
Aramco wird nach Börsengang wertvollstes Unternehmen der Welt
Nachrichtenagentur: dpa-AFX 11.12.2019, 12:30 | 446 | 0 | 0
RIAD (dpa-AFX) - Der saudische Ölgigant Aramco hat den bisher größten Börsengang hingelegt und das Technologie-Schwergewicht Apple als wertvollstes Unternehmen der Welt abgelöst. Am ersten Handelstag an der saudischen Wertpapierbörse Tadawul am Mittwoch wurden Aktien des Staatskonzerns unter dem Symbol 2222 zum höchstmöglichen Preis von 35,2 Riyal (9,39 Dollar) gehandelt. Das entsprach dem erlaubten Tageslimit von zehn Prozent über dem zuvor festgelegten Ausgabepreis von 32 Riyal (8,53 Dollar). ...
IPO/ROUNDUP: Aramco wird nach Börsengang wertvollstes Unternehmen der Welt | wallstreet-online.de - Vollständiger Artikel unter:
https://www.wallstreet-online.de/nachricht/11977640-ipo-roun…
Die 2.222%-Wiederholung!?
weiterlesen >> ... nur Fliegen sind schöner ...
...
... ohne Öl gibt es keine einzige Unze Gold ... ect. ect. ect. .........................................................................................................................
...
... „so wertvoll wie eine kleine Bannane“ ... oder war es eine Gurke ...... was kann man noch an die Wand kleben ... ne Curry-Wurst mit ... ne °peeep° Wurst ... den Hans-Wurst ...
... https://www.epochtimes.de/feuilleton/kultur/realsatire-120-0…
.........................................................................................................................
IPO/ROUNDUP:
Aramco wird nach Börsengang wertvollstes Unternehmen der Welt
Nachrichtenagentur: dpa-AFX 11.12.2019, 12:30 | 446 | 0 | 0
RIAD (dpa-AFX) - Der saudische Ölgigant Aramco hat den bisher größten Börsengang hingelegt und das Technologie-Schwergewicht Apple als wertvollstes Unternehmen der Welt abgelöst. Am ersten Handelstag an der saudischen Wertpapierbörse Tadawul am Mittwoch wurden Aktien des Staatskonzerns unter dem Symbol 2222 zum höchstmöglichen Preis von 35,2 Riyal (9,39 Dollar) gehandelt. Das entsprach dem erlaubten Tageslimit von zehn Prozent über dem zuvor festgelegten Ausgabepreis von 32 Riyal (8,53 Dollar). ...
IPO/ROUNDUP: Aramco wird nach Börsengang wertvollstes Unternehmen der Welt | wallstreet-online.de - Vollständiger Artikel unter:
https://www.wallstreet-online.de/nachricht/11977640-ipo-roun…
Antwort auf Beitrag Nr.: 62.134.523 von teecee1 am 11.12.19 17:13:58selbst wenn dass Teil steigt, würde ich schon als Prinzip keinen Euro investieren. Wenn ich überlege, wie die uns hunderte Jahre ausgenommen haben.
Der Börsengang dient nur dazu, Geld reinzubekommen, da die genau wissen, dass die Zeiten des Öls zu ende gehen
Der Börsengang dient nur dazu, Geld reinzubekommen, da die genau wissen, dass die Zeiten des Öls zu ende gehen
Antwort auf Beitrag Nr.: 62.134.523 von teecee1 am 11.12.19 17:13:58News! ... 🌲🌲🌲🦌🌲🌲🌲🦃🌲🌲 ... findet den H-Ochs ...
Jetzt den Akku aufladen und noch vor Jahresende
den 2222 Jahre alten Schampus öffnen!? ...
weiterlesen >> ... alles Greta ... ⛄ ... 🎅 ...
......................................................................................................................................................
Trump bezeichnete Thunbergs Ernennung zur „Person des Jahres“ als lächerlich
15:28 12.12.2019Zum https://sptnkne.ws/AED8
US-Präsident Donald Trump hat Thunbergs Ehrung zur „Persönlichkeit des Jahres“ vom renommierten US-Magazin „Time“ als lächerlich bezeichnet.
Am Mittwoch hatte „Time“ die junge schwedische Klimaaktivistin als „Person des Jahres“ getitelt. Begründet wurde dies damit, dass Thunberg viel mehr als andere getan habe, um die Klimaprobleme von hinter den Kulissen in den Mittelpunkt zu rücken.
„So lächerlich. Greta muss an ihrem Aggressionsbewältigungsproblem arbeiten und dann mit einem Freund einen guten, alten Film ansehen! Entspann dich Greta, entspann dich!“, so kommentierte Trump die Auszeichnung auf seiner Twitter-Seite am Donnerstag.
... 🎖 ...
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The Wall Street Bankers Who Burst Aramco’s $2 Trillion Bubble
Javier Blas, Dinesh Nair and Matthew Martin
Bloomberg December 11, 2019
(Bloomberg) -- The chairman of the world’s biggest oil company was about to lose his temper.
At a meeting in Riyadh on a sultry October evening, Achintya Mangla, one of JPMorgan Chase & Co.’s most senior bankers, had told Yasir Al-Rumayyan there was no way international investors were going to value Saudi Aramco -- just weeks away from an initial public offering -- at $2 trillion.
Al-Rumayyan, who’d risen in just a few years from head of a mid-sized investment bank in Riyadh to one of the most powerful jobs in the global economy, erupted. He unleashed a torrent of expletives in Arabic and English that shocked the roomful of battle-hardened bankers. The chairman was probably worried about telling his boss, the crown prince who locked up many of the nation’s wealthiest people in a five-star hotel just two years ago.
In the three and a half years since Saudi Arabia’s Mohammed bin Salman first proposed an initial public offering of Aramco, the state oil company that pumps 10% of the world’s oil, the $2 trillion valuation had caused trouble.
The prince, who runs the day-to-day affairs of the kingdom, had long insisted on the stratospheric valuation, almost double any other business on the planet, and nobody had been able to convince him global investors didn’t agree. Anyone who argued with him got pushed aside, including Khalid Al-Falih, sacked as Aramco chairman and oil minister earlier this year.
This account is based on interviews with bankers, consultants, executives, government officials and members of the royal family, many of whom asked not to be identified discussing private meetings and conversations. Aramco, the banks and fund managers all declined to comment.
When bankers pitched for a role on the IPO this year, they told Al-Rumayyan what he needed to hear: that $2 trillion wasn’t out of the question. The range initially pitched by Wall Street was $1.7 trillion to $2.4 trillion, according to people involved in the process ...
... ... 💲 2.222 ... Aramco dütfte als einziger keine Schulden haben ... Verblindlichtkeiten ... 😭 ...
https://www.silver-phoenix500.com/article/world%E2%80%99s-la…
Jetzt den Akku aufladen und noch vor Jahresende
den 2222 Jahre alten Schampus öffnen!? ...
weiterlesen >> ... alles Greta ... ⛄ ... 🎅 ...
......................................................................................................................................................
Trump bezeichnete Thunbergs Ernennung zur „Person des Jahres“ als lächerlich
15:28 12.12.2019Zum https://sptnkne.ws/AED8
US-Präsident Donald Trump hat Thunbergs Ehrung zur „Persönlichkeit des Jahres“ vom renommierten US-Magazin „Time“ als lächerlich bezeichnet.
Am Mittwoch hatte „Time“ die junge schwedische Klimaaktivistin als „Person des Jahres“ getitelt. Begründet wurde dies damit, dass Thunberg viel mehr als andere getan habe, um die Klimaprobleme von hinter den Kulissen in den Mittelpunkt zu rücken.
„So lächerlich. Greta muss an ihrem Aggressionsbewältigungsproblem arbeiten und dann mit einem Freund einen guten, alten Film ansehen! Entspann dich Greta, entspann dich!“, so kommentierte Trump die Auszeichnung auf seiner Twitter-Seite am Donnerstag.
... 🎖 ...
.....................................................................................................................................................
The Wall Street Bankers Who Burst Aramco’s $2 Trillion Bubble
Javier Blas, Dinesh Nair and Matthew Martin
Bloomberg December 11, 2019
(Bloomberg) -- The chairman of the world’s biggest oil company was about to lose his temper.
At a meeting in Riyadh on a sultry October evening, Achintya Mangla, one of JPMorgan Chase & Co.’s most senior bankers, had told Yasir Al-Rumayyan there was no way international investors were going to value Saudi Aramco -- just weeks away from an initial public offering -- at $2 trillion.
Al-Rumayyan, who’d risen in just a few years from head of a mid-sized investment bank in Riyadh to one of the most powerful jobs in the global economy, erupted. He unleashed a torrent of expletives in Arabic and English that shocked the roomful of battle-hardened bankers. The chairman was probably worried about telling his boss, the crown prince who locked up many of the nation’s wealthiest people in a five-star hotel just two years ago.
In the three and a half years since Saudi Arabia’s Mohammed bin Salman first proposed an initial public offering of Aramco, the state oil company that pumps 10% of the world’s oil, the $2 trillion valuation had caused trouble.
The prince, who runs the day-to-day affairs of the kingdom, had long insisted on the stratospheric valuation, almost double any other business on the planet, and nobody had been able to convince him global investors didn’t agree. Anyone who argued with him got pushed aside, including Khalid Al-Falih, sacked as Aramco chairman and oil minister earlier this year.
This account is based on interviews with bankers, consultants, executives, government officials and members of the royal family, many of whom asked not to be identified discussing private meetings and conversations. Aramco, the banks and fund managers all declined to comment.
When bankers pitched for a role on the IPO this year, they told Al-Rumayyan what he needed to hear: that $2 trillion wasn’t out of the question. The range initially pitched by Wall Street was $1.7 trillion to $2.4 trillion, according to people involved in the process ...
...
... 💲 2.222 ... Aramco dütfte als einziger keine Schulden haben ... Verblindlichtkeiten ... 😭 ...https://www.silver-phoenix500.com/article/world%E2%80%99s-la…
Antwort auf Beitrag Nr.: 62.144.576 von teecee1 am 12.12.19 16:50:27Ölriese
Saudi Aramco zahlt Banken nur 64 Millionen Dollar für IPO-Job
Saudi Aramco wird unterrichteten Kreisen zufolge den Banken, die den weltgrössten Börsengang arrangiert haben, insgesamt nur 64 Millionen Dollar zu zahlen.
14.12.2019 02:13
Das dürfte eine Enttäuschung für die Wall-Street-Häuser sein, die jahrelang an der Transaktion gearbeitet haben.
Die Provisionen entsprechen 0,25% des über den Börsengang beschafften ... 💵
https://www.cash.ch/news/top-news/oelriese-saudi-aramco-zahl…
...............................
December 15, 2019 / 7:56 AM / Updated 3 hours ago
Aramco shares inch up in early Sunday trade
DUBAI (Reuters) - Saudi Aramco (2222.SE) shares were up 1% at 37.2 riyals ($9.89) in early trade on Sunday. ...
https://www.reuters.com/article/us-saudi-aramco-ipo/aramco-s…
...........
https://www.tadawul.com.sa/wps/portal/tadawul/market-partici…
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Von Nachfrage getrieben: China gewinnt das Offshore-Wettrennen um Erdöl
15.12.2019 • 09:00 Uhr https://de.rt.com/21tz
Die Volksrepublik China fördert eigenes Erdöl, das jedoch nicht ausreicht, um seinen inländischen Bedarf zu decken. Daher setzt es seine riesigen Devisenreserven ein, um auch in riskanten und intransparenten Offshore-Geschäften an Förderrechte zu gelangen.
Chinas internationale Präsenz im Offshore-Ölsektor wächst schnell, da seine Ölkonzerne bereit sind, ...
https://deutsch.rt.com/wirtschaft/95687-china-gewinnt-offsho…
... ... jede Ölpfütze anzuzapfen ...
...........................................................
„Warum leiht die Weltbank China Geld?” Trump kritisiert Kredite an zweitgrößte Volkswirtschaft der Welt
Epoch Times 7. Dezember 2019 Aktualisiert: 7. Dezember 2019 11:50
US-Präsident Trump hat die Vergabe von Krediten der Weltbank an China scharf kritisiert. Das kommunistisch regierte Land sei nicht auf Kredite der Weltbank angewiesen.
https://www.epochtimes.de/politik/welt/trump-kritisiert-welt…
https://www.epochtimes.de/china/china-koennte-bald-in-zahlun…
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Chevron's $11 Billion Write Down Is A Warning For The Entire Oil Industry
by Tyler Durden
Thu, 12/12/2019 - 11:05
Authored by Nick Cunningham via OilPrice.com,
Chevron said that it would write down $11 billion in assets in the fourth quarter, much of which is tied to natural gas in Appalachia. The impairment is a sign that the waters are getting pretty rough for the oil and gas industry, due to a combination of supply surpluses, low prices, the struggling and unproven business case for large-scale shale drilling, and the looming threat of peak demand.
The write down comes as Chevron lowered its long-term forecast for oil and gas prices, which directly impacted the value of its assets. “We have to make the tough choices to high-grade our portfolio and invest in the highest-return projects in the world we see ahead of us, and that’s a different world than the one that lies behind us,” Chevron Chief Executive Mike Wirth said in an interview with the Wall Street Journal.
The WSJ says the admission that billions of dollars’ worth of assets are worth a lot less than previously thought could force others to “publicly reassess the value of their holdings in the face of a global supply glut and growing investor concerns about the long-term future of fossil fuels.”
The write down is also an indictment of shale gas drilling in Appalachia. Low prices and a track record of not producing any profits has ...
https://www.zerohedge.com/energy/chevrons-11-billion-write-d…
........................................................................................................................................................
„Total“-Raffinerie in Nordfrankreich fängt Feuer
14:09 14.12.2019(aktualisiert 14:26 14.12.2019) https://sptnkne.ws/AFPQ
Im französischen Departement Seine-Maritime ist es am Samstagmorgen in einer Erdölraffinerie des Unternehmens „Total“ zu einem Brand gekommen. Das teilt die Zeitung Le Parisien mit.
Der Brand sei am Samstag um vier Uhr Ortszeit ausgebrochen, so das Unternehmen. Auf dem Gelände der Ölraffinerie in Seine-Maritime habe eine Beschickungspumpe Feuer gefangen.
Ein auf Facebook veröffentlichtes Video zeigt eine große Feuerwolke im Nachthimmel, ...
https://de.sputniknews.com/panorama/20191214326228220-total-…
... ... Chef, wir haben kein Geld ... verbrannt ...
Saudi Aramco zahlt Banken nur 64 Millionen Dollar für IPO-Job
Saudi Aramco wird unterrichteten Kreisen zufolge den Banken, die den weltgrössten Börsengang arrangiert haben, insgesamt nur 64 Millionen Dollar zu zahlen.
14.12.2019 02:13
Das dürfte eine Enttäuschung für die Wall-Street-Häuser sein, die jahrelang an der Transaktion gearbeitet haben.
Die Provisionen entsprechen 0,25% des über den Börsengang beschafften ... 💵
https://www.cash.ch/news/top-news/oelriese-saudi-aramco-zahl…
...............................
December 15, 2019 / 7:56 AM / Updated 3 hours ago
Aramco shares inch up in early Sunday trade
DUBAI (Reuters) - Saudi Aramco (2222.SE) shares were up 1% at 37.2 riyals ($9.89) in early trade on Sunday. ...
https://www.reuters.com/article/us-saudi-aramco-ipo/aramco-s…
...........
https://www.tadawul.com.sa/wps/portal/tadawul/market-partici…
.....................................................................................................................................................
Von Nachfrage getrieben: China gewinnt das Offshore-Wettrennen um Erdöl
15.12.2019 • 09:00 Uhr https://de.rt.com/21tz
Die Volksrepublik China fördert eigenes Erdöl, das jedoch nicht ausreicht, um seinen inländischen Bedarf zu decken. Daher setzt es seine riesigen Devisenreserven ein, um auch in riskanten und intransparenten Offshore-Geschäften an Förderrechte zu gelangen.
Chinas internationale Präsenz im Offshore-Ölsektor wächst schnell, da seine Ölkonzerne bereit sind, ...
https://deutsch.rt.com/wirtschaft/95687-china-gewinnt-offsho…
...
... jede Ölpfütze anzuzapfen ..............................................................
„Warum leiht die Weltbank China Geld?” Trump kritisiert Kredite an zweitgrößte Volkswirtschaft der Welt
Epoch Times 7. Dezember 2019 Aktualisiert: 7. Dezember 2019 11:50
US-Präsident Trump hat die Vergabe von Krediten der Weltbank an China scharf kritisiert. Das kommunistisch regierte Land sei nicht auf Kredite der Weltbank angewiesen.
https://www.epochtimes.de/politik/welt/trump-kritisiert-welt…
https://www.epochtimes.de/china/china-koennte-bald-in-zahlun…
.......................................................................................................................................................
Chevron's $11 Billion Write Down Is A Warning For The Entire Oil Industry
by Tyler Durden
Thu, 12/12/2019 - 11:05
Authored by Nick Cunningham via OilPrice.com,
Chevron said that it would write down $11 billion in assets in the fourth quarter, much of which is tied to natural gas in Appalachia. The impairment is a sign that the waters are getting pretty rough for the oil and gas industry, due to a combination of supply surpluses, low prices, the struggling and unproven business case for large-scale shale drilling, and the looming threat of peak demand.
The write down comes as Chevron lowered its long-term forecast for oil and gas prices, which directly impacted the value of its assets. “We have to make the tough choices to high-grade our portfolio and invest in the highest-return projects in the world we see ahead of us, and that’s a different world than the one that lies behind us,” Chevron Chief Executive Mike Wirth said in an interview with the Wall Street Journal.
The WSJ says the admission that billions of dollars’ worth of assets are worth a lot less than previously thought could force others to “publicly reassess the value of their holdings in the face of a global supply glut and growing investor concerns about the long-term future of fossil fuels.”
The write down is also an indictment of shale gas drilling in Appalachia. Low prices and a track record of not producing any profits has ...
https://www.zerohedge.com/energy/chevrons-11-billion-write-d…
........................................................................................................................................................
„Total“-Raffinerie in Nordfrankreich fängt Feuer
14:09 14.12.2019(aktualisiert 14:26 14.12.2019) https://sptnkne.ws/AFPQ
Im französischen Departement Seine-Maritime ist es am Samstagmorgen in einer Erdölraffinerie des Unternehmens „Total“ zu einem Brand gekommen. Das teilt die Zeitung Le Parisien mit.
Der Brand sei am Samstag um vier Uhr Ortszeit ausgebrochen, so das Unternehmen. Auf dem Gelände der Ölraffinerie in Seine-Maritime habe eine Beschickungspumpe Feuer gefangen.
Ein auf Facebook veröffentlichtes Video zeigt eine große Feuerwolke im Nachthimmel, ...
https://de.sputniknews.com/panorama/20191214326228220-total-…
...
... Chef, wir haben kein Geld ... verbrannt ...
Antwort auf Beitrag Nr.: 62.163.054 von teecee1 am 15.12.19 13:41:58
................
Saudi-Arabien wirbt für mehr Investitionen aus Deutschland
Epoch Times16. Dezember 2019 Aktualisiert: 16. Dezember 2019 19:34
Saudi-Arabien hat trotz Öleinnahmen seit einigen Jahren ein wachsendes Haushaltsdefizit. Man verließ sich über Jahrzehnte hinweg auf wachsende Einnahmen aus dem Ölgeschäft und versäumte es tragfähige weitere Wirtschaftssektoren im Land aufzubauen.
Der saudische Finanzminister Mohammed al-Dschadan fordert deutsche Geldgeber auf, mehr in Saudi-Arabien zu investieren. Es gebe zwar schon deutsche Unternehmen, die in Saudi-Arabien aktiv seien, „ich würde es aber begrüßen, wenn noch mehr kämen und sich an unseren Mega-Infrastrukturprojekten beteiligten. Da schreiben wir bedeutende Aufträge aus“, sagte der Minister dem „Handelsblatt“ (Dienstagsausgabe).
Saudi-Arabien plant einen dreistelligen Milliardenbetrag für den Umbau seiner Wirtschaft. Finanziert werden sollen die Projekte unter anderem mit den Einnahmen aus dem Börsengang in der vergangenen Woche: Der staatliche saudische Ölgigant Saudi Aramco nahm 25,6 Milliarden Dollar für 1,5 Prozent seiner Aktien ein und wurde damit zum mit Abstand wertvollsten Unternehmen der Welt.
Al-Dschadan berichtet zudem von geplanten weiteren Privatisierungen: „Wir werden noch viele weitere Unternehmen privatisieren, vor allem in den Bereichen Bildung, Gesundheitswesen, Wasserversorgung, Abwasseraufbereitung.“ Der Minister kündigte zudem an, ...
https://www.epochtimes.de/politik/deutschland/saudi-arabien-…
... 🦃 ... findet den Altmaier, Steinmeier, Ostereier ...
... kleiner Hinweis: ... Dromedar ... 💩 💣 ...
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https://twitter.com/USArmy/status/1206032396413546496
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Aramco Up for Third Session With Eye on Passive Flows: Inside EM
Filipe Pacheco, Bloomberg News
(Bloomberg) -- Saudi Aramco shares advance for a third session -- though the market valuation remained below $2 trillion -- with investors focusing on the energy company’s inclusion in major international equity indexes this week.
The stock climbs 1% in Riyadh, extending gains since it started trading on Wednesday to 16%. The main Saudi index also advances, along with peers in the Middle East, as they catch up with global markets after the U.S. and China agreed on a phase-one trade deal last week.
MSCI Inc., which compiles the most popular emerging-market equities index, will add Aramco to its benchmarks using the closing price of Dec. 17. FTSE Russell will follow suit using the price of Dec. 19. ...
https://www.bnnbloomberg.ca/aramco-up-for-third-session-with…
... ... wird von Black Rock verwaltet ...
...............
Giant Saudi Oil IPO Coming To ETFs
[ETF.com]
Sumit Roy
ETF.comDecember 17, 2019
.........
Pros & Cons
Aramco’s dividend yield is in line with what oil majors like Exxon, Chevron and others are paying. Exxon currently yields 5%; Chevron yields 4%; ConocoPhillips yields 2.8%; BP yields 6.3%; and Royal Dutch Shell yields 5.4%.
World's Biggest Oil Companies
https://finance.yahoo.com/news/giant-saudi-oil-ipo-coming-05…
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Saudi Aramco's Share Price: Market Manipulation Suggestions
Dec. 14, 2019 4:28 PM ET|
About: Saudi Aramco (ARMCO)
* Saudi Aramco started trading and went limit-up first day.
* On day 2, the valuation of Aramco hit $2 trillion.
* Observers point to market manipulation.
* Saudi stock exchange isn't a 'free market.'
* International listing for the IPO is doubtful.
https://seekingalpha.com/article/4312522-saudi-aramcos-share…
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Want to invest in Saudi Aramco? There’s an ETF for that.
Published: Dec 14, 2019 9:46 a.m. ET
Caution is warranted but if you like the idea of investing in the Saudi oil giant, here’s the best way
By Andrea Riquier
Are you an American intrigued by the idea of investing in Aramco, the massive Saudi national oil concern? ...
The ETF tracks a grouping of companies called the MSCI Saudi Arabia IMI 25/50 Index. The fund rebalances when the index does, according to its manager, BlackRock. ...
https://www.marketwatch.com/story/want-to-invest-in-saudi-ar…
... ... Venezuela ... PDVSA ...
................
Saudi-Arabien wirbt für mehr Investitionen aus Deutschland
Epoch Times16. Dezember 2019 Aktualisiert: 16. Dezember 2019 19:34
Saudi-Arabien hat trotz Öleinnahmen seit einigen Jahren ein wachsendes Haushaltsdefizit. Man verließ sich über Jahrzehnte hinweg auf wachsende Einnahmen aus dem Ölgeschäft und versäumte es tragfähige weitere Wirtschaftssektoren im Land aufzubauen.
Der saudische Finanzminister Mohammed al-Dschadan fordert deutsche Geldgeber auf, mehr in Saudi-Arabien zu investieren. Es gebe zwar schon deutsche Unternehmen, die in Saudi-Arabien aktiv seien, „ich würde es aber begrüßen, wenn noch mehr kämen und sich an unseren Mega-Infrastrukturprojekten beteiligten. Da schreiben wir bedeutende Aufträge aus“, sagte der Minister dem „Handelsblatt“ (Dienstagsausgabe).
Saudi-Arabien plant einen dreistelligen Milliardenbetrag für den Umbau seiner Wirtschaft. Finanziert werden sollen die Projekte unter anderem mit den Einnahmen aus dem Börsengang in der vergangenen Woche: Der staatliche saudische Ölgigant Saudi Aramco nahm 25,6 Milliarden Dollar für 1,5 Prozent seiner Aktien ein und wurde damit zum mit Abstand wertvollsten Unternehmen der Welt.
Al-Dschadan berichtet zudem von geplanten weiteren Privatisierungen: „Wir werden noch viele weitere Unternehmen privatisieren, vor allem in den Bereichen Bildung, Gesundheitswesen, Wasserversorgung, Abwasseraufbereitung.“ Der Minister kündigte zudem an, ...
https://www.epochtimes.de/politik/deutschland/saudi-arabien-…
... 🦃 ... findet den Altmaier, Steinmeier, Ostereier ...
... kleiner Hinweis: ... Dromedar ... 💩 💣 ...
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https://twitter.com/USArmy/status/1206032396413546496
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Aramco Up for Third Session With Eye on Passive Flows: Inside EM
Filipe Pacheco, Bloomberg News
(Bloomberg) -- Saudi Aramco shares advance for a third session -- though the market valuation remained below $2 trillion -- with investors focusing on the energy company’s inclusion in major international equity indexes this week.
The stock climbs 1% in Riyadh, extending gains since it started trading on Wednesday to 16%. The main Saudi index also advances, along with peers in the Middle East, as they catch up with global markets after the U.S. and China agreed on a phase-one trade deal last week.
MSCI Inc., which compiles the most popular emerging-market equities index, will add Aramco to its benchmarks using the closing price of Dec. 17. FTSE Russell will follow suit using the price of Dec. 19. ...
https://www.bnnbloomberg.ca/aramco-up-for-third-session-with…
...
... wird von Black Rock verwaltet ..................
Giant Saudi Oil IPO Coming To ETFs
[ETF.com]
Sumit Roy
ETF.comDecember 17, 2019
.........
Pros & Cons
Aramco’s dividend yield is in line with what oil majors like Exxon, Chevron and others are paying. Exxon currently yields 5%; Chevron yields 4%; ConocoPhillips yields 2.8%; BP yields 6.3%; and Royal Dutch Shell yields 5.4%.
World's Biggest Oil Companies
https://finance.yahoo.com/news/giant-saudi-oil-ipo-coming-05…
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Saudi Aramco's Share Price: Market Manipulation Suggestions
Dec. 14, 2019 4:28 PM ET|
About: Saudi Aramco (ARMCO)
* Saudi Aramco started trading and went limit-up first day.
* On day 2, the valuation of Aramco hit $2 trillion.
* Observers point to market manipulation.
* Saudi stock exchange isn't a 'free market.'
* International listing for the IPO is doubtful.
https://seekingalpha.com/article/4312522-saudi-aramcos-share…
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Want to invest in Saudi Aramco? There’s an ETF for that.
Published: Dec 14, 2019 9:46 a.m. ET
Caution is warranted but if you like the idea of investing in the Saudi oil giant, here’s the best way
By Andrea Riquier
Are you an American intrigued by the idea of investing in Aramco, the massive Saudi national oil concern? ...
The ETF tracks a grouping of companies called the MSCI Saudi Arabia IMI 25/50 Index. The fund rebalances when the index does, according to its manager, BlackRock. ...
https://www.marketwatch.com/story/want-to-invest-in-saudi-ar…
...
... Venezuela ... PDVSA ...
Hat noch jemand "gezeichnet"?
Miezi
Miezi
Antwort auf Beitrag Nr.: 62.177.460 von teecee1 am 17.12.19 11:08:28After Aramco’s Record IPO, Traders Now Ask How to Short Shares
Brandon Kochkodin Bloomberg December 27, 2019
(Bloomberg) -- Shares of Saudi Aramco have shot up 10% since its record-setting $25.6 billion initial public offering earlier this month. That’s got bearish traders wondering whether they can short shares of the Gulf oil giant.
The answer: Not easily.
Normally, you wouldn’t even need to ask the question. Short sales -- when an investor borrows shares, sells them and then tries to buy them back at a lower price and profit from the difference -- are an established feature of exchanges across the world and practically a requirement for inclusion in MSCI indexes.
But when the company is Saudi Arabia’s crown jewel and when shares are listed on the kingdom’s Tadawul exchange, the answer is anything but obvious.
The Tadawul exchange does, on paper, permit short-selling, introducing it in 2017. But in practice the market for borrowing and lending shares in Saudi Arabia is illiquid, according to Marie Salem, head of institutions at Daman Securities in Dubai.
That’s because of a lack of familiarity with the concept of shorting shares. Religious scholars in Saudi Arabia long perceived short sales as a violation of Shariah although it’s permitted in other Islamic countries like Malaysia, according to Muhammed-Shahid Ebrahim, a professor of Islamic Finance at Durham University.
“The basic idea about Islamic finance is that you need to be equitable to people,” said Ebrahim. “You can’t sell what you don’t own is in the Koran.”
So investors with a pessimistic outlook on the value of a Tadawul-listed stock have to look abroad for shares to borrow to cover a short position.
But in the case of Aramco, ...
https://finance.yahoo.com/news/aramco-record-ipo-traders-now…
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... This name was later changed to Akzo Nobel which is owned by this Drugs King, where the waste from Shell, with subsidiary Billiton by mixing the Wolman salts, which contain Arsenic and Chromium 6, deliberately make the world's population sick.
We are deliberately sprayed with this waste, which via incineration power plant as fine dust by means of Chemtrails is an attack on our lives and food, water and air by the Bilderberg Nazis of the Netherlands.
The CO2 Fable, in which the blame is laid on the population, but the government deliberately mixes waste into fuel oil, which is sold as cheap ship's oil, pollutes more than 1375 more emissions than all cars in the world. ...
https://operationdisclosure1.blogspot.com/2019/12/transition…
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Japan entsendet Kriegsschiffe in den Nahen Osten
27.12.2019 12:00
Japan wird in Kürze Kriegsschiffe in den Nahen Osten entsenden, um seine Handelswege zu schützen.
https://deutsche-wirtschafts-nachrichten.de/501517/Japan-ent…
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... ... kamen die Raketen(Drohnen) etwa aus Kuweit ...
December 24, 2019 / 1:32 PM
Chevron expects full oil output from Saudi-Kuwaiti field within 12 months
LONDON (Reuters) - U.S. oil major Chevron said on Tuesday it expects Saudi-Kuwaiti Neutral Zone’s Wafra oilfield to return to full production within 12 months.
Kuwait and Saudi Arabia on Tuesday signed a deal aiming to end their five-year dispute over the Neutral Zone and resume production which can amount to up to 0.5 percent of global oil supply.
“We welcome the signing of a memorandum of understanding between the governments of Kingdom of Saudi Arabia and the State of Kuwait which will lead to a restart of production and operations in the Wafra Joint Operations,” ...
https://www.reuters.com/article/us-kuwait-saudi-oil-chevron/…
https://www.wiwo.de/politik/ausland/oelfeld-chafdschi-kuwait…
Brandon Kochkodin Bloomberg December 27, 2019
(Bloomberg) -- Shares of Saudi Aramco have shot up 10% since its record-setting $25.6 billion initial public offering earlier this month. That’s got bearish traders wondering whether they can short shares of the Gulf oil giant.
The answer: Not easily.
Normally, you wouldn’t even need to ask the question. Short sales -- when an investor borrows shares, sells them and then tries to buy them back at a lower price and profit from the difference -- are an established feature of exchanges across the world and practically a requirement for inclusion in MSCI indexes.
But when the company is Saudi Arabia’s crown jewel and when shares are listed on the kingdom’s Tadawul exchange, the answer is anything but obvious.
The Tadawul exchange does, on paper, permit short-selling, introducing it in 2017. But in practice the market for borrowing and lending shares in Saudi Arabia is illiquid, according to Marie Salem, head of institutions at Daman Securities in Dubai.
That’s because of a lack of familiarity with the concept of shorting shares. Religious scholars in Saudi Arabia long perceived short sales as a violation of Shariah although it’s permitted in other Islamic countries like Malaysia, according to Muhammed-Shahid Ebrahim, a professor of Islamic Finance at Durham University.
“The basic idea about Islamic finance is that you need to be equitable to people,” said Ebrahim. “You can’t sell what you don’t own is in the Koran.”
So investors with a pessimistic outlook on the value of a Tadawul-listed stock have to look abroad for shares to borrow to cover a short position.
But in the case of Aramco, ...
https://finance.yahoo.com/news/aramco-record-ipo-traders-now…
...................................................................................................................................................
... This name was later changed to Akzo Nobel which is owned by this Drugs King, where the waste from Shell, with subsidiary Billiton by mixing the Wolman salts, which contain Arsenic and Chromium 6, deliberately make the world's population sick.
We are deliberately sprayed with this waste, which via incineration power plant as fine dust by means of Chemtrails is an attack on our lives and food, water and air by the Bilderberg Nazis of the Netherlands.
The CO2 Fable, in which the blame is laid on the population, but the government deliberately mixes waste into fuel oil, which is sold as cheap ship's oil, pollutes more than 1375 more emissions than all cars in the world. ...
https://operationdisclosure1.blogspot.com/2019/12/transition…
.......................................................................................................................................................
Japan entsendet Kriegsschiffe in den Nahen Osten
27.12.2019 12:00
Japan wird in Kürze Kriegsschiffe in den Nahen Osten entsenden, um seine Handelswege zu schützen.
https://deutsche-wirtschafts-nachrichten.de/501517/Japan-ent…
.............................
...
... kamen die Raketen(Drohnen) etwa aus Kuweit ...December 24, 2019 / 1:32 PM
Chevron expects full oil output from Saudi-Kuwaiti field within 12 months
LONDON (Reuters) - U.S. oil major Chevron said on Tuesday it expects Saudi-Kuwaiti Neutral Zone’s Wafra oilfield to return to full production within 12 months.
Kuwait and Saudi Arabia on Tuesday signed a deal aiming to end their five-year dispute over the Neutral Zone and resume production which can amount to up to 0.5 percent of global oil supply.
“We welcome the signing of a memorandum of understanding between the governments of Kingdom of Saudi Arabia and the State of Kuwait which will lead to a restart of production and operations in the Wafra Joint Operations,” ...
https://www.reuters.com/article/us-kuwait-saudi-oil-chevron/…
https://www.wiwo.de/politik/ausland/oelfeld-chafdschi-kuwait…
Antwort auf Beitrag Nr.: 62.241.812 von teecee1 am 28.12.19 20:56:47
The year 2019 has been a year of bubbles
The stock market reached new all-time highs. This has occurred because the Federal Reserve’s ‘quantitative easing’ never really ended. Instead of consulting Congress like they did in 2008, the Fed simply creates currency out of thin air and hands it out to its member central banks. A lot of that easy money goes into the stock market, which mostly benefits the top of the pyramid that owns most of the major ...
https://grrrgraphics.com/the-2019-melt-up
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Gulf Stocks Plunge On War Threat, Aramco Hits Lowest Since IPO
by Tyler Durden
Sun, 01/05/2020 - 08:45
Gulf stock markets plunged on Sunday, with Saudi, Kuwaiti, Dubai, Qatari, and Egyptian stocks leading heavy losses after top Iranian military commander Qassem Soleimani was assassinated by a US drone airstrike at Baghdad International Airport on Friday, reported Reuters.
The Saudi Stock Exchange (Tadawul) fell 170 points to 8,226, or down -2%, on heavy volume. The index was weighed down by significant losses in telecommunications, industrials, healthcare, and financials.
Shares of Saudi Aramco fell 1.7% on Sunday, hitting 34.55 riyals ($9.21) per share, now at its lowest level since last month's IPO.
https://www.zerohedge.com/markets/gulf-stocks-plunge-war-thr…
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05.01.2020 18:21
Aramco-Kurs sinkt angesichts der Eskalation zwischen USA und Iran
Die Aktie des saudi-arabischen Ölgiganten Aramco hat inmitten der zunehmenden Spannungen zwischen den USA und dem Iran deutlich an Wert verloren.
Die Aramco-Aktie schloss am Sonntag auf dem tiefsten Stand seit dem Börsengang im Dezember. Alle Börsenplätze in den sechs Staaten des Golfkooperationsrates (GKR) schlossen am ersten Handelstag nach der ...
https://www.finanzen.net/nachricht/aktien/tiefster-stand-sei…
........................................................................................................................................................
The year 2019 has been a year of bubbles
The stock market reached new all-time highs. This has occurred because the Federal Reserve’s ‘quantitative easing’ never really ended. Instead of consulting Congress like they did in 2008, the Fed simply creates currency out of thin air and hands it out to its member central banks. A lot of that easy money goes into the stock market, which mostly benefits the top of the pyramid that owns most of the major ...
https://grrrgraphics.com/the-2019-melt-up
..................................................................................................................................................
Gulf Stocks Plunge On War Threat, Aramco Hits Lowest Since IPO
by Tyler Durden
Sun, 01/05/2020 - 08:45
Gulf stock markets plunged on Sunday, with Saudi, Kuwaiti, Dubai, Qatari, and Egyptian stocks leading heavy losses after top Iranian military commander Qassem Soleimani was assassinated by a US drone airstrike at Baghdad International Airport on Friday, reported Reuters.
The Saudi Stock Exchange (Tadawul) fell 170 points to 8,226, or down -2%, on heavy volume. The index was weighed down by significant losses in telecommunications, industrials, healthcare, and financials.
Shares of Saudi Aramco fell 1.7% on Sunday, hitting 34.55 riyals ($9.21) per share, now at its lowest level since last month's IPO.
https://www.zerohedge.com/markets/gulf-stocks-plunge-war-thr…
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05.01.2020 18:21
Aramco-Kurs sinkt angesichts der Eskalation zwischen USA und Iran
Die Aktie des saudi-arabischen Ölgiganten Aramco hat inmitten der zunehmenden Spannungen zwischen den USA und dem Iran deutlich an Wert verloren.
Die Aramco-Aktie schloss am Sonntag auf dem tiefsten Stand seit dem Börsengang im Dezember. Alle Börsenplätze in den sechs Staaten des Golfkooperationsrates (GKR) schlossen am ersten Handelstag nach der ...
https://www.finanzen.net/nachricht/aktien/tiefster-stand-sei…
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Antwort auf Beitrag Nr.: 62.288.198 von teecee1 am 05.01.20 21:39:27
https://astrokramkiste.de/orion
... ... Oriongürtel die heiligen 3 Sterne -> Aldebaran 1 Kind -> Plejaden ...
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2222 Saudi Arabian Oil Co.
Price: 32.95
Change
-0.45 ( -1.35% )
Prev. Close
33.40
Open
33.35
High
33.35
Low:
32.80
https://www.tadawul.com.sa/wps/portal/tadawul/market-partici…
.....
Saudi underperforms; Aramco lowest since IPO
Sunday, 09 Feb 2020
4:51 PM MYT
BENGALURU: Saudi Arabia's stock market led most Gulf bourses lower on Sunday after oil prices plunged more than 6% at the end of last week, ...
https://www.thestar.com.my/business/business-news/2020/02/09…
... ... ein Bericht finde ich nicht mehr ... Regierungsausgeben ... zu niedriger Ölpreis ... etc. ...
............................................................................................................................................
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... Corona Viren ... 🦃 ...
Saudi-Arabien meldet Ausbruch der hochansteckenden Geflügelpest
5.02.2020 • 20:05 Uhr https://de.rt.com/23d1
Aus Saudi-Arabien wurde der Ausbruch von Tiererkrankungen mit dem gefährlichen Vogelgrippe-Virus gemeldet, warnt die Weltorganisation für Tiergesundheit (OIE). Aus Vietnam kamen kamen ebenfalls Berichte über Geflügelpest, ...
...................................
February 6, 2020 / 7:49 PM / 3 days ago
Saudi Aramco sees increase in attempted cyber attacks
Marwa Rashad
3 Min Read
RIYADH (Reuters) - Saudi Aramco has seen an increase in attempted cyber attacks since the final quarter of 2019, which the company has so far successfully countered, the state oil giant’s chief information security officer told Reuters on Thursday. ...
https://www.reuters.com/article/us-saudi-aramco-security/sau…
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Taps open for Saudi listings after Aramco's record IPO
By Hadeel Al Sayegh and Marwa Rashad
Reuters February 4, 2020
DUBAI/RIYADH (Reuters) - Several Saudi Arabian companies are planning to list shares on the Riyadh exchange in coming months in the wake of oil giant Aramco's record IPO. ...
The Sulaiman al-Habib Medical Group, one of the Middle East's biggest hospital operators, is among the first companies to seek a Riyadh listing after Aramco, having delayed the deal due to the state oil company's IPO.
It plans to raise around $500 million and will launch the offering on Feb. 5, according to two sources close to the deal.
The medical group did not immediately respond to a request for comment. ...
https://finance.yahoo.com/news/taps-open-saudi-listings-aram…
... ... der Patient(. Mensch .) als Geld-Quelle ... wir müssen Gewinne erwirtschaften ...
https://astrokramkiste.de/orion
...
... Oriongürtel die heiligen 3 Sterne -> Aldebaran 1 Kind -> Plejaden ............................................................................................................................................
2222 Saudi Arabian Oil Co.
Price: 32.95
Change
-0.45 ( -1.35% )
Prev. Close
33.40
Open
33.35
High
33.35
Low:
32.80
https://www.tadawul.com.sa/wps/portal/tadawul/market-partici…
.....
Saudi underperforms; Aramco lowest since IPO
Sunday, 09 Feb 2020
4:51 PM MYT
BENGALURU: Saudi Arabia's stock market led most Gulf bourses lower on Sunday after oil prices plunged more than 6% at the end of last week, ...
https://www.thestar.com.my/business/business-news/2020/02/09…
...
... ein Bericht finde ich nicht mehr ... Regierungsausgeben ... zu niedriger Ölpreis ... etc. ...............................................................................................................................................
......................................
... Corona Viren ... 🦃 ...
Saudi-Arabien meldet Ausbruch der hochansteckenden Geflügelpest
5.02.2020 • 20:05 Uhr https://de.rt.com/23d1
Aus Saudi-Arabien wurde der Ausbruch von Tiererkrankungen mit dem gefährlichen Vogelgrippe-Virus gemeldet, warnt die Weltorganisation für Tiergesundheit (OIE). Aus Vietnam kamen kamen ebenfalls Berichte über Geflügelpest, ...
...................................
February 6, 2020 / 7:49 PM / 3 days ago
Saudi Aramco sees increase in attempted cyber attacks
Marwa Rashad
3 Min Read
RIYADH (Reuters) - Saudi Aramco has seen an increase in attempted cyber attacks since the final quarter of 2019, which the company has so far successfully countered, the state oil giant’s chief information security officer told Reuters on Thursday. ...
https://www.reuters.com/article/us-saudi-aramco-security/sau…
....................................................................................................................................
Taps open for Saudi listings after Aramco's record IPO
By Hadeel Al Sayegh and Marwa Rashad
Reuters February 4, 2020
DUBAI/RIYADH (Reuters) - Several Saudi Arabian companies are planning to list shares on the Riyadh exchange in coming months in the wake of oil giant Aramco's record IPO. ...
The Sulaiman al-Habib Medical Group, one of the Middle East's biggest hospital operators, is among the first companies to seek a Riyadh listing after Aramco, having delayed the deal due to the state oil company's IPO.
It plans to raise around $500 million and will launch the offering on Feb. 5, according to two sources close to the deal.
The medical group did not immediately respond to a request for comment. ...
https://finance.yahoo.com/news/taps-open-saudi-listings-aram…
...
... der Patient(. Mensch .) als Geld-Quelle ... wir müssen Gewinne erwirtschaften ... Saudi Aramco und Vakt: Erdöl auf der Blockchain Werden neue Branchenstandards dem US-Dollar zum Verhängnis?
Der Handel von Rohstoffen und insbesondere von Erdöl ist ein großes Politikum. Die Blockchain-Technologie hinterfragt bestehende Handelsinfrastrukturen und damit das globale Kräftegleichgewicht. Warum der größte Erdölkonzern der Welt in ein Blockchain-Start-up investiert, welche Vorteile Smart Contracts und Tokenisierung im Erdölhandel bringen und warum Dubai neben China gute Chancen hat, die neuen Standards im Rohstoffsektor zu prägen. Ein Kommentar.https://www.btc-echo.de/erdoel-werden-neue-branchenstandards…
https://www.wikifolio.com/de/de/w/wf00blkchn
Öl
Gipfel der Opec+ scheitert - Ölpreise brechen ein
Saudi-Arabien und Russland können sich nicht auf eine Strategie gegen den Ölpreisverfall einigen. Anleger am Rohölmarkt nehmen Reißaus.
Jakob Blume
06.03.2020 Update: 06.03.2020 - 16:04 Uhr
Wien: Die Allianz der 24 großen Ölexportländer, Opec+, droht von der Realität überholt zu werden: Während die Energieminister am Freitag noch darüber beraten, wie sich der Fall der Ölpreise stoppen lässt, macht sich an den Märkten Panik breit. Der Preis für Brent-Öl fiel am Freitagnachmittag in der Spitze um mehr als sieben Prozent auf rund 46,40 Dollar je Barrel (rund 159 Liter). Die US-Sorte WTI verbilligte sich auf weniger als 43 Dollar pro Fass. Das ist der tiefste Stand seit rund ... 💰42,- ...
https://www.handelsblatt.com/finanzen/maerkte/devisen-rohsto…
-----------------
... Iran - Einfluss ... im Irak u. Syrien etc. etc. ... Geldeinahme Quelle ... Venezuela PDVSA ... [DS] ...
Aktuelle DWN-Analyse: Putin und Erdoğan werden den Iran aus Syrien verbannen
05.03.2020 18:22
Russland und die Türkei haben ein Interesse an der Isolation des Iran aus Syrien. Teheran weiß das und hat angesichts des aktuellen Treffens zwischen Putin und Erdoğan sofort neue Söldner-Verbände und Milizen nach Idlib entsandt. ...
https://deutsche-wirtschafts-nachrichten.de/502675/Aktuelle-…
Gipfel der Opec+ scheitert - Ölpreise brechen ein
Saudi-Arabien und Russland können sich nicht auf eine Strategie gegen den Ölpreisverfall einigen. Anleger am Rohölmarkt nehmen Reißaus.
Jakob Blume
06.03.2020 Update: 06.03.2020 - 16:04 Uhr
Wien: Die Allianz der 24 großen Ölexportländer, Opec+, droht von der Realität überholt zu werden: Während die Energieminister am Freitag noch darüber beraten, wie sich der Fall der Ölpreise stoppen lässt, macht sich an den Märkten Panik breit. Der Preis für Brent-Öl fiel am Freitagnachmittag in der Spitze um mehr als sieben Prozent auf rund 46,40 Dollar je Barrel (rund 159 Liter). Die US-Sorte WTI verbilligte sich auf weniger als 43 Dollar pro Fass. Das ist der tiefste Stand seit rund ... 💰42,- ...
https://www.handelsblatt.com/finanzen/maerkte/devisen-rohsto…
-----------------
... Iran - Einfluss ... im Irak u. Syrien etc. etc. ... Geldeinahme Quelle ... Venezuela PDVSA ... [DS] ...
Aktuelle DWN-Analyse: Putin und Erdoğan werden den Iran aus Syrien verbannen
05.03.2020 18:22
Russland und die Türkei haben ein Interesse an der Isolation des Iran aus Syrien. Teheran weiß das und hat angesichts des aktuellen Treffens zwischen Putin und Erdoğan sofort neue Söldner-Verbände und Milizen nach Idlib entsandt. ...
https://deutsche-wirtschafts-nachrichten.de/502675/Aktuelle-…
Antwort auf Beitrag Nr.: 62.909.700 von teecee1 am 06.03.20 17:16:55Freitagabend: ... im STAU ...
Microcap finalisiert krassen Millionendeal!
weiterlesen >>
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Ölpreis auf Talfahrt – Opec-Förderlimits fallen trotz Corona-Krise zum 1. April
Epoch Times6. März 2020 Aktualisiert: 6. März 2020 20:23
Das Ölkartell Opec will die Produktion kürzen, doch sein Partner Russland wehrt sich. Letztlich enden die Gespräche ohne Deal. Die Opec+ steht mitten in der Corona-Krise vor einer Belastungsprobe.
...
Saudi-Arabiens Staatshaushalt in Gefahr
Vor allem für das Opec-Schwergewicht Saudi-Arabien stellt ein so niedriger Ölpreis auch mit Blick auf den Staatshaushalt ein Problem dar. Daher hatte sich der Wüstenstaat zuletzt immer wieder bereit erklärt, für den Großteil der Kürzungen aufzukommen oder gar zusätzliche, freiwillige Einschränkungen vorzunehmen. Russland dagegen zeigte zuletzt wenig Interesse, den Ölpreis durch eine geringere Produktion in die Höhe zu treiben.
Zuletzt hatte die „Opec+“ im Dezember 2019 den Ölhahn weiter zugedreht und eine tägliche Produktionskürzung um insgesamt 2,1 Millionen Barrel im Vergleich zu Oktober 2018 beschlossen. Seit Dezember 2016 reagierte der Verbund immer wieder mit solchen Förderlimits auf die Entwicklungen am Ölmarkt – und riskierte damit zunehmend Marktanteile. Derzeit entfallen auf die Opec etwas weniger als 30 Prozent der weltweiten Ölproduktion, vor einigen Jahren war der Anteil noch deutlich höher. Die größere Runde der „Opec+“ steht derzeit für etwa 45 Prozent der globalen Rohölproduktion.
Unterbietungswettbewerb nicht unwahrscheinlich
Spannend wird nun sein, ...
https://www.epochtimes.de/wirtschaft/oelpreis-auf-talfahrt-o…
... ... was erreicht man damit ... was ist das Ziel ... ??? ... Shell, Total, OMV, etc. ... Nordbeam3 ... Spekulanten etc. ... stabile Preise - stabile Wirtschaft ...
... ... Bei einem schwankenden Ölpreis(Markt etc.) lässt sich nicht langfristig planen ... Haushalt etc. ... die einzigen die davon profitieren sind ... ??? ... denen das egal ist ...
...................................................................................................................................................
"Today Will Be A Regretful Day" - Oil Prices Have Collapsed After OPEC+ Talks End Without A Deal
by Tyler Durden
Fri, 03/06/2020 - 11:18
Update (1115ET): Oil prices are utterly collapsing after the OPEC+ talks have ended with no agreement on current or further production cuts and very terse communique.
Saudi Oil Minister Prince Abdulaziz bin Salman is quoted by delegates as having said inside the OPEC+ meeting that “today will be a regretful day.”
WTI is down 9%, trading with a $41 handle!
https://www.zerohedge.com/markets/oil-plunges-4-after-russia…
... ... wann fallen die $40 ... 💩 ... Lektion 1, 2,u, 3 ...
..........................................................................................................................
Aramco Share Price to Face Renewed Test as Oil Slumps
Matthew Martin
Bloomberg March 7, 2020
(Bloomberg) -- Saudi Aramco’s stock risks dropping below the initial public offering price on Sunday when trading resumes in Riyadh after OPEC+ talks ended in failure and oil prices collapsed.
Shares in the world’s biggest oil producer have largely defied gravity since they were listed in December, not falling below the initial public offering price of 32 riyals ($8.53) even as the coronavirus led to a 30% slump in crude prices since the start of the year. Aramco’s stock has only slipped about 6% in 2020 to close at 33 riyals on Thursday, the last trading day of the week. The benchmark Saudi Tadawul All Share Index has declined 11% this year.
With oil falling the most in more than a decade on Friday, Aramco is set to face further selling pressure when trading resumes that ...
https://finance.yahoo.com/news/saudi-aramco-share-price-set-…
Microcap finalisiert krassen Millionendeal!
weiterlesen >>
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Ölpreis auf Talfahrt – Opec-Förderlimits fallen trotz Corona-Krise zum 1. April
Epoch Times6. März 2020 Aktualisiert: 6. März 2020 20:23
Das Ölkartell Opec will die Produktion kürzen, doch sein Partner Russland wehrt sich. Letztlich enden die Gespräche ohne Deal. Die Opec+ steht mitten in der Corona-Krise vor einer Belastungsprobe.
...
Saudi-Arabiens Staatshaushalt in Gefahr
Vor allem für das Opec-Schwergewicht Saudi-Arabien stellt ein so niedriger Ölpreis auch mit Blick auf den Staatshaushalt ein Problem dar. Daher hatte sich der Wüstenstaat zuletzt immer wieder bereit erklärt, für den Großteil der Kürzungen aufzukommen oder gar zusätzliche, freiwillige Einschränkungen vorzunehmen. Russland dagegen zeigte zuletzt wenig Interesse, den Ölpreis durch eine geringere Produktion in die Höhe zu treiben.
Zuletzt hatte die „Opec+“ im Dezember 2019 den Ölhahn weiter zugedreht und eine tägliche Produktionskürzung um insgesamt 2,1 Millionen Barrel im Vergleich zu Oktober 2018 beschlossen. Seit Dezember 2016 reagierte der Verbund immer wieder mit solchen Förderlimits auf die Entwicklungen am Ölmarkt – und riskierte damit zunehmend Marktanteile. Derzeit entfallen auf die Opec etwas weniger als 30 Prozent der weltweiten Ölproduktion, vor einigen Jahren war der Anteil noch deutlich höher. Die größere Runde der „Opec+“ steht derzeit für etwa 45 Prozent der globalen Rohölproduktion.
Unterbietungswettbewerb nicht unwahrscheinlich
Spannend wird nun sein, ...
https://www.epochtimes.de/wirtschaft/oelpreis-auf-talfahrt-o…
...
... was erreicht man damit ... was ist das Ziel ... ??? ... Shell, Total, OMV, etc. ... Nordbeam3 ... Spekulanten etc. ... stabile Preise - stabile Wirtschaft ......
... Bei einem schwankenden Ölpreis(Markt etc.) lässt sich nicht langfristig planen ... Haushalt etc. ... die einzigen die davon profitieren sind ... ??? ... denen das egal ist ......................................................................................................................................................
"Today Will Be A Regretful Day" - Oil Prices Have Collapsed After OPEC+ Talks End Without A Deal
by Tyler Durden
Fri, 03/06/2020 - 11:18
Update (1115ET): Oil prices are utterly collapsing after the OPEC+ talks have ended with no agreement on current or further production cuts and very terse communique.
Saudi Oil Minister Prince Abdulaziz bin Salman is quoted by delegates as having said inside the OPEC+ meeting that “today will be a regretful day.”
WTI is down 9%, trading with a $41 handle!
https://www.zerohedge.com/markets/oil-plunges-4-after-russia…
...
... wann fallen die $40 ... 💩 ... Lektion 1, 2,u, 3 .............................................................................................................................
Aramco Share Price to Face Renewed Test as Oil Slumps
Matthew Martin
Bloomberg March 7, 2020
(Bloomberg) -- Saudi Aramco’s stock risks dropping below the initial public offering price on Sunday when trading resumes in Riyadh after OPEC+ talks ended in failure and oil prices collapsed.
Shares in the world’s biggest oil producer have largely defied gravity since they were listed in December, not falling below the initial public offering price of 32 riyals ($8.53) even as the coronavirus led to a 30% slump in crude prices since the start of the year. Aramco’s stock has only slipped about 6% in 2020 to close at 33 riyals on Thursday, the last trading day of the week. The benchmark Saudi Tadawul All Share Index has declined 11% this year.
With oil falling the most in more than a decade on Friday, Aramco is set to face further selling pressure when trading resumes that ...
https://finance.yahoo.com/news/saudi-aramco-share-price-set-…
Antwort auf Beitrag Nr.: 62.626.078 von teecee1 am 09.02.20 11:39:14 ... ... zu viele Köche verderben den Brei ... Oil ...
... ... zu viele Prinzen verd-erben den Stamm ...
..................................................................................................................................................
Prinzen in Saudi-Arabien wegen Putsch-Plänen festgenommen
Epoch Times7. März 2020 Aktualisiert: 7. März 2020 6:47
König Salman Bruder Prinz Ahmed bin Abdulasis al-Saud und seinem Neffen Prinz Mohammed bin Najef wird Verrat zur Last gelegt. ...
https://www.epochtimes.de/politik/welt/medien-mehrere-prinze…
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March 7, 2020
United States Unleashes Military Coup In Saudi Arabia After Russia Ignites Oil Price Armageddon
By: Sorcha Faal, and as reported to her Western Subscribers
An astounding new Security Council (SC) report circulating in the Kremlin today adding a new and fearful chapter to The New Great Game reality of our world, makes it no wonder why top American energy security expert Samantha Gross has just stated with alarm “I'm a little shocked frankly because the Russians are really playing with fire”—a response Gross made to a series of pivotal moves occurring in this “New Great Game” yesterday that began with the United States blocking the United Nations from supporting a Russian-Turkish ceasefire in Syria—that Russia quickly countered by igniting a global “Oil Price Armageddon”—a term describing how Russia made a dramatic turn away from the Saudi-led OPEC+ and refused to cut production to hold up the price of oil—which cratered the price of oil to its present price of $41.57 a barrel—a catastrophic price for US oil producers who need a barrel of oil to cost as much as $65 to break even—and are the same US oil producers who were warned late last year that “2020 Will Be The Year Of Oil Bankruptcies”—a warning that swiftly became true yesterday as evidenced by what happened with the CBOE Volatility Index (VIX), otherwise known as the “Fear Gauge” or “Fear Index”—a creation of the Chicago Board Options Exchange (CBOE) that is a real-time market index that represents the market's expectation of 30-day forward-looking volatility—and that yesterday caught a large American financial entity disastrously betting everything they had on global oil prices being stabilized—the reaction to which saw shocked US market traders saying such things as “Someone Big Was Utterly Blown The Fuck Out”—“Someone Big Literally Doesn't Exist Anymore”—and “The Fed Must Now Step In Or A Catastrophic Crash Is Inevitable”—but to prevent such a catastrophic crash from happening, saw Saudi Arabia having paid $500 million to the US to move thousands of American military troops into their oil rich nation—American troops who yesterday, and joined by thousands of US troops stationed in neighboring countries, rapidly moved into combat readiness to protect vital Saudi government facilities and oil production centers—immediately after which, Crown Prince Mohammed bin Salman placed in detention his main rivals for power Prince Ahmed bin Abdulaziz, the younger brother of Saudi King Salman bin Abdulaziz al-Saud, royal cousin Prince Nawaf bin Nayef and former interior minister Mohammed bin Nayef—who were then accused in court of attempting a coup and are now under threat of lifetime imprisonment or execution—but whose real crime was their opposing the lost revenues caused by Saudi oil production cuts—production cuts whose main beneficiary are American oil producers needing a higher price per barrel—and due to Russia now having blown up the OPEC+ cartel, are Saudi oil production cuts sure to accelerate before an “inevitable crash” occurs.
http://www.whatdoesitmean.com/index3149.htm
..................................................................................................................
March 8, 2020 / 8:37 AM / Updated an hour ago
Saudi Aramco trades below IPO price for first time
DUBAI (Reuters) - Shares of Saudi Aramco (2222.SE) fell below their initial public offering (IPO) price on Sunday for the first time since they began trading in December after the OPEC oil supply cut pact with Russia fell apart on Friday.
Aramco shares were trading at 31.50 riyals ($8.40) at 0705 GMT, down 4.85%, compared to the IPO price of 32 riyals....
https://www.reuters.com/article/us-saudi-aramco-stocks/saudi…
.................................................................................................................................
Saudi-Arabien senkt nach Scheitern der Förderbremse Öl-Preise
(reu) Saudiarabien hat nach dem Scheitern der Gespräche zwischen der Opec und Russland über eine gemeinsame Förderbremse seine Ölpreise für April gesenkt. Der staatliche Öl-Konzern Saudi Aramco gab am Samstagabend bekannt, den offiziellen Verkaufspreis (OSP) für alle Sorten und alle Abnehmer zusammenzustreichen.
So werde der OSP für Lieferungen nach Nordwest-Europa um acht Dollar je Barrel gesenkt, hiess es. ...
https://www.nzz.ch/wirtschaft/saudearabien-senkt-nach-scheit…
.................................................................................................................................
Saudi Aramco: EU gibt grünes Licht für Sabic-Übernahme
06.03.2020
Sabic-Hauptquartier in Riyadh / Saudi-Arabien (Foto: Sabic)Sabic-Hauptquartier in Riyadh / Saudi-Arabien (Foto: Sabic)
Ende Februar erteilte die Europäische Kommission ihre vorbehaltlose Genehmigung für die Übernahme des Chemiekonzerns Sabic (Riyadh / Saudi-Arabien) durch den mit Abstand größten Ölförderer der Welt Saudi Aramco (Dhahran / Saudi-Arabien). Laut EU-Kartellbehörde werfe die Transaktion angesichts der „moderaten gemeinsamen Marktanteile“ der von beiden produzierten Petrochemikalien und Produkte keine Wettbewerbsbedenken auf. Die indische Wettbewerbsbehörde CCI hatte die Übernahme bereits im September 2019 genehmigt.
Saudi Aramco hatte im März 2019 angekündigt, ...
https://www.kunststoffweb.de/branchen-news/saudi_aramco_eu_g…
........
Saudi Aramco secures EC approval for $69bn stake acquisition in SABIC
Oil & GasDownstreamPetrochemicals
By NS Energy Staff Writer 02 Mar 2020
Announced about a year ago, Saudi Aramco's proposed acquisition of the majority stake in SABIC now has unconditional approvals across all jurisdictions in which pre-notification antitrust filings are needed ...
Saudi Aramco has secured an unconditional approval from the European Commission (EC) for its proposed 70% stake acquisition in Saudi Basic Industries Corporation (SABIC) for SAR259.12bn ($69.07bn).
The majority stake in the Saudi Arabian petrochemical company is being acquired by the oil and gas company from the Public Investment Fund of Saudi Arabia (PIF). ...
https://www.nsenergybusiness.com/news/saudi-aramco-sabic-dea…
... ... der ganze Jahresgewinn für 2020 ...
..............................................................................................................
Thu 27 Feb 2020 12:32 PM
Saudi IPO nets $2.3bn for one of world's richest doctors
The IPO is the first in Saudi Arabia since state-owned oil company Saudi Aramco raised almost $30 billion in December
Dr Sulaiman Al Habib Medical Group is one of the biggest providers of healthcare in Saudi Arabia, operating hospitals, outpatient clinics, pharmacies and medical labs throughout the kingdom, as well as in Dubai (pictured) and Bahrain.
... ... China Konkurrenz für Organtransplantationen ... mit was macht man am meisten Gewinn ... un-Gesundheit ... Schöheits OP - Gehirn raus ... KI-Chip rein ...
A Saudi paediatrician has become one of the world’s wealthiest doctors after the medical-services group he founded priced its initial public offering at the top of a marketed range.
https://www.tadawul.com.sa/wps/portal/tadawul/markets/listin…
Sulaiman Abdulaziz Al-Habib’s 49% stake in his eponymous company is worth 8.5 billion riyals ($2.3 billion), according to the Bloomberg Billionaires Index, based on the announced selling price of 50 riyals a share. He plans to sell 17.4 million shares in the IPO, according to the prospectus. The company didn’t respond to a request for comment.
Dr Sulaiman Al Habib Medical Group is one of the biggest providers of healthcare in Saudi Arabia, operating hospitals, outpatient clinics, pharmacies and medical labs throughout the kingdom, as well as in Dubai and Bahrain.
The IPO is the first in Saudi Arabia since state-owned oil company Saudi Aramco raised almost $30 billion in December.
Private sector health
The firm is seeking to capitalise on the government’s plans to ramp up private-sector participation in healthcare and the country’s demographic trends. Saudi Arabia’s population is disproportionately young and relatively unhealthy. More than a third of adults are obese and 18.5% suffer from diabetes, according to World Health Organization statistics.
Al-Habib, 68, established the business in 1993 after serving as chief medical officer and ...
https://www.arabianbusiness.com/healthcare/441413-saudi-ipo-…
https://thearabweekly.com/saudi-companies-look-build-momentu…
... zu viele Köche verderben den Brei ... Oil ......
... zu viele Prinzen verd-erben den Stamm .....................................................................................................................................................
Prinzen in Saudi-Arabien wegen Putsch-Plänen festgenommen
Epoch Times7. März 2020 Aktualisiert: 7. März 2020 6:47
König Salman Bruder Prinz Ahmed bin Abdulasis al-Saud und seinem Neffen Prinz Mohammed bin Najef wird Verrat zur Last gelegt. ...
https://www.epochtimes.de/politik/welt/medien-mehrere-prinze…
..................................................................................................................................................
March 7, 2020
United States Unleashes Military Coup In Saudi Arabia After Russia Ignites Oil Price Armageddon
By: Sorcha Faal, and as reported to her Western Subscribers
An astounding new Security Council (SC) report circulating in the Kremlin today adding a new and fearful chapter to The New Great Game reality of our world, makes it no wonder why top American energy security expert Samantha Gross has just stated with alarm “I'm a little shocked frankly because the Russians are really playing with fire”—a response Gross made to a series of pivotal moves occurring in this “New Great Game” yesterday that began with the United States blocking the United Nations from supporting a Russian-Turkish ceasefire in Syria—that Russia quickly countered by igniting a global “Oil Price Armageddon”—a term describing how Russia made a dramatic turn away from the Saudi-led OPEC+ and refused to cut production to hold up the price of oil—which cratered the price of oil to its present price of $41.57 a barrel—a catastrophic price for US oil producers who need a barrel of oil to cost as much as $65 to break even—and are the same US oil producers who were warned late last year that “2020 Will Be The Year Of Oil Bankruptcies”—a warning that swiftly became true yesterday as evidenced by what happened with the CBOE Volatility Index (VIX), otherwise known as the “Fear Gauge” or “Fear Index”—a creation of the Chicago Board Options Exchange (CBOE) that is a real-time market index that represents the market's expectation of 30-day forward-looking volatility—and that yesterday caught a large American financial entity disastrously betting everything they had on global oil prices being stabilized—the reaction to which saw shocked US market traders saying such things as “Someone Big Was Utterly Blown The Fuck Out”—“Someone Big Literally Doesn't Exist Anymore”—and “The Fed Must Now Step In Or A Catastrophic Crash Is Inevitable”—but to prevent such a catastrophic crash from happening, saw Saudi Arabia having paid $500 million to the US to move thousands of American military troops into their oil rich nation—American troops who yesterday, and joined by thousands of US troops stationed in neighboring countries, rapidly moved into combat readiness to protect vital Saudi government facilities and oil production centers—immediately after which, Crown Prince Mohammed bin Salman placed in detention his main rivals for power Prince Ahmed bin Abdulaziz, the younger brother of Saudi King Salman bin Abdulaziz al-Saud, royal cousin Prince Nawaf bin Nayef and former interior minister Mohammed bin Nayef—who were then accused in court of attempting a coup and are now under threat of lifetime imprisonment or execution—but whose real crime was their opposing the lost revenues caused by Saudi oil production cuts—production cuts whose main beneficiary are American oil producers needing a higher price per barrel—and due to Russia now having blown up the OPEC+ cartel, are Saudi oil production cuts sure to accelerate before an “inevitable crash” occurs.
http://www.whatdoesitmean.com/index3149.htm
..................................................................................................................
March 8, 2020 / 8:37 AM / Updated an hour ago
Saudi Aramco trades below IPO price for first time
DUBAI (Reuters) - Shares of Saudi Aramco (2222.SE) fell below their initial public offering (IPO) price on Sunday for the first time since they began trading in December after the OPEC oil supply cut pact with Russia fell apart on Friday.
Aramco shares were trading at 31.50 riyals ($8.40) at 0705 GMT, down 4.85%, compared to the IPO price of 32 riyals....
https://www.reuters.com/article/us-saudi-aramco-stocks/saudi…
.................................................................................................................................
Saudi-Arabien senkt nach Scheitern der Förderbremse Öl-Preise
(reu) Saudiarabien hat nach dem Scheitern der Gespräche zwischen der Opec und Russland über eine gemeinsame Förderbremse seine Ölpreise für April gesenkt. Der staatliche Öl-Konzern Saudi Aramco gab am Samstagabend bekannt, den offiziellen Verkaufspreis (OSP) für alle Sorten und alle Abnehmer zusammenzustreichen.
So werde der OSP für Lieferungen nach Nordwest-Europa um acht Dollar je Barrel gesenkt, hiess es. ...
https://www.nzz.ch/wirtschaft/saudearabien-senkt-nach-scheit…
.................................................................................................................................
Saudi Aramco: EU gibt grünes Licht für Sabic-Übernahme
06.03.2020
Sabic-Hauptquartier in Riyadh / Saudi-Arabien (Foto: Sabic)Sabic-Hauptquartier in Riyadh / Saudi-Arabien (Foto: Sabic)
Ende Februar erteilte die Europäische Kommission ihre vorbehaltlose Genehmigung für die Übernahme des Chemiekonzerns Sabic (Riyadh / Saudi-Arabien) durch den mit Abstand größten Ölförderer der Welt Saudi Aramco (Dhahran / Saudi-Arabien). Laut EU-Kartellbehörde werfe die Transaktion angesichts der „moderaten gemeinsamen Marktanteile“ der von beiden produzierten Petrochemikalien und Produkte keine Wettbewerbsbedenken auf. Die indische Wettbewerbsbehörde CCI hatte die Übernahme bereits im September 2019 genehmigt.
Saudi Aramco hatte im März 2019 angekündigt, ...
https://www.kunststoffweb.de/branchen-news/saudi_aramco_eu_g…
........
Saudi Aramco secures EC approval for $69bn stake acquisition in SABIC
Oil & GasDownstreamPetrochemicals
By NS Energy Staff Writer 02 Mar 2020
Announced about a year ago, Saudi Aramco's proposed acquisition of the majority stake in SABIC now has unconditional approvals across all jurisdictions in which pre-notification antitrust filings are needed ...
Saudi Aramco has secured an unconditional approval from the European Commission (EC) for its proposed 70% stake acquisition in Saudi Basic Industries Corporation (SABIC) for SAR259.12bn ($69.07bn).
The majority stake in the Saudi Arabian petrochemical company is being acquired by the oil and gas company from the Public Investment Fund of Saudi Arabia (PIF). ...
https://www.nsenergybusiness.com/news/saudi-aramco-sabic-dea…
...
... der ganze Jahresgewinn für 2020 .................................................................................................................
Thu 27 Feb 2020 12:32 PM
Saudi IPO nets $2.3bn for one of world's richest doctors
The IPO is the first in Saudi Arabia since state-owned oil company Saudi Aramco raised almost $30 billion in December
Dr Sulaiman Al Habib Medical Group is one of the biggest providers of healthcare in Saudi Arabia, operating hospitals, outpatient clinics, pharmacies and medical labs throughout the kingdom, as well as in Dubai (pictured) and Bahrain.
...
... China Konkurrenz für Organtransplantationen ... mit was macht man am meisten Gewinn ... un-Gesundheit ... Schöheits OP - Gehirn raus ... KI-Chip rein ...A Saudi paediatrician has become one of the world’s wealthiest doctors after the medical-services group he founded priced its initial public offering at the top of a marketed range.
https://www.tadawul.com.sa/wps/portal/tadawul/markets/listin…
Sulaiman Abdulaziz Al-Habib’s 49% stake in his eponymous company is worth 8.5 billion riyals ($2.3 billion), according to the Bloomberg Billionaires Index, based on the announced selling price of 50 riyals a share. He plans to sell 17.4 million shares in the IPO, according to the prospectus. The company didn’t respond to a request for comment.
Dr Sulaiman Al Habib Medical Group is one of the biggest providers of healthcare in Saudi Arabia, operating hospitals, outpatient clinics, pharmacies and medical labs throughout the kingdom, as well as in Dubai and Bahrain.
The IPO is the first in Saudi Arabia since state-owned oil company Saudi Aramco raised almost $30 billion in December.
Private sector health
The firm is seeking to capitalise on the government’s plans to ramp up private-sector participation in healthcare and the country’s demographic trends. Saudi Arabia’s population is disproportionately young and relatively unhealthy. More than a third of adults are obese and 18.5% suffer from diabetes, according to World Health Organization statistics.
Al-Habib, 68, established the business in 1993 after serving as chief medical officer and ...
https://www.arabianbusiness.com/healthcare/441413-saudi-ipo-…
https://thearabweekly.com/saudi-companies-look-build-momentu…
Antwort auf Beitrag Nr.: 62.920.848 von teecee1 am 08.03.20 10:25:12Freitagabend: ... die ÖLlampe brennt ...
... der Motor stottert ... und mein Arsc. schwitzt ... 3-
Macron-cap finalisiert krassen Migranatendeal!
weiterlesen >> ... brennen .. fliegen die alten OILlappen ...
....................................................
2222
Saudi Arabian Oil Co.
Trading name: SAUDI ARAMCO
Price: 30.00
Change: -3.00 ( -9.09% )
https://www.tadawul.com.sa/wps/portal/tadawul/market-partici…
............................................................................................................................................
Nach Scheitern von OPEC-Sitzung: Saudi-Arabien will Ölproduktion steigern – Bloomberg
11:13 08.03.2020(aktualisiert 11:21 08.03.2020) https://sptnkne.ws/BBvX
Saudi-Arabien plant eine Steigerung der Erdölförderung, da sich Russland und die Opec-Staaten bei den Gesprächen am Freitag in Wien nicht auf die Produktionsstrategie ab April einigen konnten. Dies berichtet die Agentur Bloomberg unter Verweis auf eigene Quellen am Sonntag.
Saudi-Arabien könnte im April die eigene Ölproduktion deutlich steigern und sogar einen Rekord von 12 Millionen Barrel pro Tag erreichen, sagten Quellen, die anonym bleiben wollten, gegenüber Bloomberg. Dabei fördere das Land in diesem Monat etwa 9,7 Millionen Barrel pro Tag, hieß es.
Eine solche Steigerung der Ölförderung könnte den Markt „ins Chaos stürzen“, da die Ölnachfrage ohnehin durch den Corona-Ausbruch rapide gesunken sei, schrieben die Bloomberg-Autoren.
Die saudische „Schock-Strategie“ könnte darauf abzielen, Russland und andere Förderstaaten auf diese Weise schnellstmöglich maximale Verluste erleiden zu lassen, um sie wieder an den Verhandlungstisch zu bringen.
Saudi-Arabien habe sich veranlasst gefühlt, die Ölförderung drastisch zu steigern, nachdem der russische Energieminister Alexander Nowak am Freitag in Wien beim „Opec+“-Treffen ein Ultimatum abgelehnt hatte, das eine Teilnahme an der gemeinsamen Produktionskürzung vorgesehen habe, hieß es bei Bloomberg.
Ölpreis auf Talfahrt
Am späten Freitagnachmittag ... ... 💣 ... "Ordo Ab Chao" - Ordnung aus dem Chaos ...
https://de.sputniknews.com/politik/20200308326563264-opec-si…
............................................
Saudi Arabia Starts All-Out Oil War: MbS Destroys OPEC By Flooding Market, Slashing Oil Prices
by Tyler Durden
Sat, 03/07/2020 - 19:45
With the commodity world still smarting from the Nov 2014 Saudi decision to (temporarily) break apart OPEC, and flood the market with oil in (failed) hopes of crushing US shale producers (who survived thanks to generous banks extending loan terms and even more generous buyers of junk bonds), which nonetheless resulted in a painful manufacturing recession as the price of Brent cratered as low as the mid-$20's in late 2015/early 2016, on Saturday, Saudi Arabia launched its second scorched earth, or rather scorched oil campaign in 6 years. And this time there will be blood.
Following Friday's shocking collapse of OPEC+, when Russia and Riyadh were unable to reach an agreement during the OPEC+ summit in Vienna which was seeking up to 1.5 million b/d in further oil production cuts, on Saturday Saudi Arabia kick started what Bloomberg called an all-out oil war, slashing official pricing for its crude and making the deepest cuts in at least 20 years on its main grades, in an effort to push as many barrels into the market as possible.
In the first major marketing decision since the meeting, the Saudi state producer Aramco, which successfully IPOed just before the price of oil cratered...
... ... wer sitzt in Wien ... Rothschild ... ??? ...
https://www.zerohedge.com/commodities/saudi-arabia-starts-al…
.......................................................................................................................................
Venezuela: Weitere Festnahmen in Öl- und Gaskorporation PDVSA
10:19 08.03.2020(aktualisiert 10:38 08.03.2020) https://sptnkne.ws/BBvz
Venezuelas Innenminister Néstor Reverol hat am Samstag über neue Festnahmen von Angestellten und führenden Mitarbeitern der staatlichen Öl- und Gaskorporation PDVSA berichtet. Unter den 38 Festgenommenen befinden sich die Crewmitglieder des Tankers „Negra Hipólita“, der Präsident des Unternehmens PDV Marina und sein Berater sowie sechs Manager.
„Im Rahmen einer interinstitutionellen Untersuchung unter Leitung der Generalstaatsanwaltschaft sind neben den 30 Mitgliedern der Tanker-Besatzung weitere acht Personen festgenommen worden“, sagte Reverol dem TV-Sender „Iguana“.
Dem Minister zufolge haben Mitarbeiter der Hauptverwaltung für den militärischen Abschirmdienst die Entwendung von Brennstoffen aus der Ölraffinerie Paraguana im Bundesstaat Falcón aufgeklärt. Es handelt sich um 40.000 Barrel Benzin, 36.000 Barrel Dieseltreibstoff und 50.000 Barrel Flugkerosin, die der Tanker „Negra Hipólita“ an die Seegrenze zwischen Venezuela und den Niederländischen Antillen gebracht hatte und die dann auf den unter kolumbianischer Flagge fahrenden Tanker „Panamanian Glory“ verladen wurden.
Die venezolanischen Seestreitkräfte brachten die „Negra Hipólita“ auf und eskortierten den Tanker zum Marinestützpunkt Agustín Armario in Puerto-Cabello. Dort wurde das Schiff durchsucht und seine Crew verhaftet.
Vor dem Hintergrund einer ...
https://de.sputniknews.com/panorama/20200308326563241-venezu…
....................................................................................................................................................
... ... Wann ... wird Gerhard Schröder von seiner Vergangheit eingeholt ... Kanzler ... NordBeam3 ... ??? ...
...................................................................................................................................................
MbS Widens Purge: Dozens Of Royals And Army Officers Swept Up After Powerful Princes Arrested
by Tyler Durden
Sat, 03/07/2020 - 16:40
Yesterday we predicted a return to MbS' infamous Ritz-Carlton Riyadh shakedown of 2017 after a dramatic Friday morning raid on the homes of King Salman's brother, Prince Ahmed bin Abdulaziz al Saud, and Prince Mohammed bin Nayef bin Abdulaziz al Saud.
All eyes are on the spread of the deadly coronavirus, so what better time to initiate a broader crackdown (or at least dramatically restart the 2017-2018 purge), than when world leaders are distracted by making sure their societies survive a potential apocalyptic pandemic?
The pair, which happen to be the kingdom's top most powerful royals aside from MbS, having both in the past been in charge of Saudi armed forces and intelligence in the post of Interior Minister, were arrested for allegedly plotting a coup to unseat the king and crown prince. Of course any level of evidence was not forthcoming. Treason could bring the death penalty.
It appears the resumption of MbS' purge of any power rivals or centers of influence is back on after a year-long lull following the Oct. 2018 murder and dismemberment of journalist Jamal Khashoggi is officially back on.
The WSJ reports: "Saudi Arabian Crown Prince Mohammed bin Salman has embarked on a broad security crackdown by rounding up royal rivals, government officials and military officers in an effort to quash potential challenges to his power, Saudi royals and advisers familiar with the matter said Saturday."
This includes "dozens of Interior Ministry officials, senior army officers and others suspected of supporting a coup attempt...".
With Gov. Cuomo declaring New York in a 'state of emergency' Saturday after a new spike in Covid-19 cases, the crackdown in the Saudi kingdom has barely made a dent in terms of competing with the dozens of coronavirus headlines this weekend.
And yet hundreds of princes and high Saudi officials are now experiencing chills of a very different sort: ...
... 💩 ... An Gela Mehr-Geld Zittern ...
https://www.zerohedge.com/geopolitical/mbs-widens-purge-doze…
... der Motor stottert ... und mein Arsc. schwitzt ... 3-
Macron-cap finalisiert krassen Migranatendeal!
weiterlesen >> ... brennen .. fliegen die alten OILlappen ...
....................................................
2222
Saudi Arabian Oil Co.
Trading name: SAUDI ARAMCO
Price: 30.00
Change: -3.00 ( -9.09% )
https://www.tadawul.com.sa/wps/portal/tadawul/market-partici…
............................................................................................................................................
Nach Scheitern von OPEC-Sitzung: Saudi-Arabien will Ölproduktion steigern – Bloomberg
11:13 08.03.2020(aktualisiert 11:21 08.03.2020) https://sptnkne.ws/BBvX
Saudi-Arabien plant eine Steigerung der Erdölförderung, da sich Russland und die Opec-Staaten bei den Gesprächen am Freitag in Wien nicht auf die Produktionsstrategie ab April einigen konnten. Dies berichtet die Agentur Bloomberg unter Verweis auf eigene Quellen am Sonntag.
Saudi-Arabien könnte im April die eigene Ölproduktion deutlich steigern und sogar einen Rekord von 12 Millionen Barrel pro Tag erreichen, sagten Quellen, die anonym bleiben wollten, gegenüber Bloomberg. Dabei fördere das Land in diesem Monat etwa 9,7 Millionen Barrel pro Tag, hieß es.
Eine solche Steigerung der Ölförderung könnte den Markt „ins Chaos stürzen“, da die Ölnachfrage ohnehin durch den Corona-Ausbruch rapide gesunken sei, schrieben die Bloomberg-Autoren.
Die saudische „Schock-Strategie“ könnte darauf abzielen, Russland und andere Förderstaaten auf diese Weise schnellstmöglich maximale Verluste erleiden zu lassen, um sie wieder an den Verhandlungstisch zu bringen.
Saudi-Arabien habe sich veranlasst gefühlt, die Ölförderung drastisch zu steigern, nachdem der russische Energieminister Alexander Nowak am Freitag in Wien beim „Opec+“-Treffen ein Ultimatum abgelehnt hatte, das eine Teilnahme an der gemeinsamen Produktionskürzung vorgesehen habe, hieß es bei Bloomberg.
Ölpreis auf Talfahrt
Am späten Freitagnachmittag ... ... 💣 ... "Ordo Ab Chao" - Ordnung aus dem Chaos ...
https://de.sputniknews.com/politik/20200308326563264-opec-si…
............................................
Saudi Arabia Starts All-Out Oil War: MbS Destroys OPEC By Flooding Market, Slashing Oil Prices
by Tyler Durden
Sat, 03/07/2020 - 19:45
With the commodity world still smarting from the Nov 2014 Saudi decision to (temporarily) break apart OPEC, and flood the market with oil in (failed) hopes of crushing US shale producers (who survived thanks to generous banks extending loan terms and even more generous buyers of junk bonds), which nonetheless resulted in a painful manufacturing recession as the price of Brent cratered as low as the mid-$20's in late 2015/early 2016, on Saturday, Saudi Arabia launched its second scorched earth, or rather scorched oil campaign in 6 years. And this time there will be blood.
Following Friday's shocking collapse of OPEC+, when Russia and Riyadh were unable to reach an agreement during the OPEC+ summit in Vienna which was seeking up to 1.5 million b/d in further oil production cuts, on Saturday Saudi Arabia kick started what Bloomberg called an all-out oil war, slashing official pricing for its crude and making the deepest cuts in at least 20 years on its main grades, in an effort to push as many barrels into the market as possible.
In the first major marketing decision since the meeting, the Saudi state producer Aramco, which successfully IPOed just before the price of oil cratered...
...
... wer sitzt in Wien ... Rothschild ... ??? ...https://www.zerohedge.com/commodities/saudi-arabia-starts-al…
.......................................................................................................................................
Venezuela: Weitere Festnahmen in Öl- und Gaskorporation PDVSA
10:19 08.03.2020(aktualisiert 10:38 08.03.2020) https://sptnkne.ws/BBvz
Venezuelas Innenminister Néstor Reverol hat am Samstag über neue Festnahmen von Angestellten und führenden Mitarbeitern der staatlichen Öl- und Gaskorporation PDVSA berichtet. Unter den 38 Festgenommenen befinden sich die Crewmitglieder des Tankers „Negra Hipólita“, der Präsident des Unternehmens PDV Marina und sein Berater sowie sechs Manager.
„Im Rahmen einer interinstitutionellen Untersuchung unter Leitung der Generalstaatsanwaltschaft sind neben den 30 Mitgliedern der Tanker-Besatzung weitere acht Personen festgenommen worden“, sagte Reverol dem TV-Sender „Iguana“.
Dem Minister zufolge haben Mitarbeiter der Hauptverwaltung für den militärischen Abschirmdienst die Entwendung von Brennstoffen aus der Ölraffinerie Paraguana im Bundesstaat Falcón aufgeklärt. Es handelt sich um 40.000 Barrel Benzin, 36.000 Barrel Dieseltreibstoff und 50.000 Barrel Flugkerosin, die der Tanker „Negra Hipólita“ an die Seegrenze zwischen Venezuela und den Niederländischen Antillen gebracht hatte und die dann auf den unter kolumbianischer Flagge fahrenden Tanker „Panamanian Glory“ verladen wurden.
Die venezolanischen Seestreitkräfte brachten die „Negra Hipólita“ auf und eskortierten den Tanker zum Marinestützpunkt Agustín Armario in Puerto-Cabello. Dort wurde das Schiff durchsucht und seine Crew verhaftet.
Vor dem Hintergrund einer ...
https://de.sputniknews.com/panorama/20200308326563241-venezu…
....................................................................................................................................................
...
... Wann ... wird Gerhard Schröder von seiner Vergangheit eingeholt ... Kanzler ... NordBeam3 ... ??? ......................................................................................................................................................
MbS Widens Purge: Dozens Of Royals And Army Officers Swept Up After Powerful Princes Arrested
by Tyler Durden
Sat, 03/07/2020 - 16:40
Yesterday we predicted a return to MbS' infamous Ritz-Carlton Riyadh shakedown of 2017 after a dramatic Friday morning raid on the homes of King Salman's brother, Prince Ahmed bin Abdulaziz al Saud, and Prince Mohammed bin Nayef bin Abdulaziz al Saud.
All eyes are on the spread of the deadly coronavirus, so what better time to initiate a broader crackdown (or at least dramatically restart the 2017-2018 purge), than when world leaders are distracted by making sure their societies survive a potential apocalyptic pandemic?
The pair, which happen to be the kingdom's top most powerful royals aside from MbS, having both in the past been in charge of Saudi armed forces and intelligence in the post of Interior Minister, were arrested for allegedly plotting a coup to unseat the king and crown prince. Of course any level of evidence was not forthcoming. Treason could bring the death penalty.
It appears the resumption of MbS' purge of any power rivals or centers of influence is back on after a year-long lull following the Oct. 2018 murder and dismemberment of journalist Jamal Khashoggi is officially back on.
The WSJ reports: "Saudi Arabian Crown Prince Mohammed bin Salman has embarked on a broad security crackdown by rounding up royal rivals, government officials and military officers in an effort to quash potential challenges to his power, Saudi royals and advisers familiar with the matter said Saturday."
This includes "dozens of Interior Ministry officials, senior army officers and others suspected of supporting a coup attempt...".
With Gov. Cuomo declaring New York in a 'state of emergency' Saturday after a new spike in Covid-19 cases, the crackdown in the Saudi kingdom has barely made a dent in terms of competing with the dozens of coronavirus headlines this weekend.
And yet hundreds of princes and high Saudi officials are now experiencing chills of a very different sort: ...
... 💩 ... An Gela Mehr-Geld Zittern ...
https://www.zerohedge.com/geopolitical/mbs-widens-purge-doze…
Antwort auf Beitrag Nr.: 62.922.194 von teecee1 am 08.03.20 13:29:2309 MAR 11:04 AM
2222
Saudi Arabian Oil Co.
Trading name: SAUDI ARAMCO
Price: 27.00
Change: -3.00 ( -10.00% )
....................................................................
Panic Purgatory: Oil Crashes To $27; S&P Futures Locked Limit Down, Treasuries Soar Limit Up Amid Historic Liquidation
by Tyler Durden
Mon, 03/09/2020 - 00:43
The Sunday futures fiasco started off on the back foot, with virtually every risk asset that is not nailed down puking with a force unseen since the financial crisis. It has only gotten worse since.
....
https://www.zerohedge.com/markets/panic-purgatory-oil-crashe…
...................................................................................................................................
Market Bloodbath: Middle East Stocks Crater; Kuwait Halted; Aramco Below IPO; Dow Indicated Down 500
by Tyler Durden
Sun, 03/08/2020 - 11:01
In case a global viral pandemic wasn't enough of a concern, on Saturday Saudi Arabia launched a global oil price war, ...
... ... gestern waren noch ein paar Twitter Beiträge ... Oil auf 30 Dollar ... sind aber verschwunden ... S&P, DOW -5% ...
https://www.zerohedge.com/markets/market-bloodbath-middle-ea…
.................................................................................................................
Russland: Putin erklärt dem US-Fracking-Öl den Krieg
8. März 2020 aikos2309
Nachdem Washington in einem Wirtschaftskrieg Nord Stream 2 sabotiert, schlägt Moskau zurück – und erklärt der US-Fracking-Industrie den Krieg. Russland wehrt sich.
Die OPEC+ ist nicht mehr, nach 24 Stunden, in denen Russland das Kräfteverhältnis in der Ölwelt auf den Kopf gestellt hat und die Mitglieder der OPEC+ benommen und verwirrt zurückgelassen haben. Es schockiert Saudi-Arabien, das jetzt mit sozialen Unruhen konfrontiert ist und dessen Ölpreis weit unter Riads Budgetbedarf liegt.
Und jetzt hat Bloomberg die beeindruckende Hintergrundgeschichte hinter der Ankündigung vom Freitag, ...
https://www.pravda-tv.com/2020/03/russland-putin-erklaert-de…
... ... ähhh, die Russen ... ähhh neee, die Saudis ... ähhh, ja wer denn nuuuu ... Trump ... Maduro ... Merkel ... G Sachs ...
.........................................................................................
Sachs warns $20 oil is possible
Brian Sozzi
Editor-at-Large
Yahoo FinanceMarch 8, 2020
Filling up that new gas-guzzling SUV is about to get a heck of a lot cheaper this spring.
Brent crude oil futures tanked as much as 31% to $31 a barrel on Sunday evening as Saudi Arabia ratcheted up pressure on Russia by slashing its list prices by the most in some 20 years. Saudi Arabia’s shock decision as talks on production cuts between OPEC and its allies ended unceremoniously on Friday. ...
https://finance.yahoo.com/news/saudi-arabia-triggers-an-oil-…
2222
Saudi Arabian Oil Co.
Trading name: SAUDI ARAMCO
Price: 27.00
Change: -3.00 ( -10.00% )
....................................................................
Panic Purgatory: Oil Crashes To $27; S&P Futures Locked Limit Down, Treasuries Soar Limit Up Amid Historic Liquidation
by Tyler Durden
Mon, 03/09/2020 - 00:43
The Sunday futures fiasco started off on the back foot, with virtually every risk asset that is not nailed down puking with a force unseen since the financial crisis. It has only gotten worse since.
....
https://www.zerohedge.com/markets/panic-purgatory-oil-crashe…
...................................................................................................................................
Market Bloodbath: Middle East Stocks Crater; Kuwait Halted; Aramco Below IPO; Dow Indicated Down 500
by Tyler Durden
Sun, 03/08/2020 - 11:01
In case a global viral pandemic wasn't enough of a concern, on Saturday Saudi Arabia launched a global oil price war, ...
...
... gestern waren noch ein paar Twitter Beiträge ... Oil auf 30 Dollar ... sind aber verschwunden ... S&P, DOW -5% ...https://www.zerohedge.com/markets/market-bloodbath-middle-ea…
.................................................................................................................
Russland: Putin erklärt dem US-Fracking-Öl den Krieg
8. März 2020 aikos2309
Nachdem Washington in einem Wirtschaftskrieg Nord Stream 2 sabotiert, schlägt Moskau zurück – und erklärt der US-Fracking-Industrie den Krieg. Russland wehrt sich.
Die OPEC+ ist nicht mehr, nach 24 Stunden, in denen Russland das Kräfteverhältnis in der Ölwelt auf den Kopf gestellt hat und die Mitglieder der OPEC+ benommen und verwirrt zurückgelassen haben. Es schockiert Saudi-Arabien, das jetzt mit sozialen Unruhen konfrontiert ist und dessen Ölpreis weit unter Riads Budgetbedarf liegt.
Und jetzt hat Bloomberg die beeindruckende Hintergrundgeschichte hinter der Ankündigung vom Freitag, ...
https://www.pravda-tv.com/2020/03/russland-putin-erklaert-de…
...
... ähhh, die Russen ... ähhh neee, die Saudis ... ähhh, ja wer denn nuuuu ... Trump ... Maduro ... Merkel ... G Sachs ............................................................................................
Sachs warns $20 oil is possible
Brian Sozzi
Editor-at-Large
Yahoo FinanceMarch 8, 2020
Filling up that new gas-guzzling SUV is about to get a heck of a lot cheaper this spring.
Brent crude oil futures tanked as much as 31% to $31 a barrel on Sunday evening as Saudi Arabia ratcheted up pressure on Russia by slashing its list prices by the most in some 20 years. Saudi Arabia’s shock decision as talks on production cuts between OPEC and its allies ended unceremoniously on Friday. ...
https://finance.yahoo.com/news/saudi-arabia-triggers-an-oil-…
Antwort auf Beitrag Nr.: 62.930.231 von teecee1 am 09.03.20 09:35:07Gemengelage am 16. März 2020
Von N8waechter - 16. Mrz. 2020
+ + +
Neue Arrestwelle in Saudi-Arabien. 298 Staatsbeamte, darunter hochrangige Militärangehörige, wurden wegen Erpressung und Amtsmissbrauch einkassiert:
https://www.n8waechter.net/2020/03/16/gemengelage-am-16-maer…
March 15, 2020 / 7:03 PM / a day ago
Saudi Arabia detains 298 public officials in new corruption probes
......
...
...wenn der Kurs auf 0,1 Rial fällt kaufe ich Aramco zurück ... 
... Simsala-BiM ... *X* ... Arab-Karamba ... Abrakadabra ...
https://www.tadawul.com.sa/wps/portal/tadawul/market-partici…
... ... für 26 Mrd. Fake Dollar habe ich 5% verkauft ... ähhh ... + 3 Mrd. ...
Alles läuft nach der Sanduhr …
Der Sandmann
***
Von N8waechter - 16. Mrz. 2020
+ + +
Neue Arrestwelle in Saudi-Arabien. 298 Staatsbeamte, darunter hochrangige Militärangehörige, wurden wegen Erpressung und Amtsmissbrauch einkassiert:
https://www.n8waechter.net/2020/03/16/gemengelage-am-16-maer…
March 15, 2020 / 7:03 PM / a day ago
Saudi Arabia detains 298 public officials in new corruption probes
......
...
...wenn der Kurs auf 0,1 Rial fällt kaufe ich Aramco zurück ... 
... Simsala-BiM ... *X* ... Arab-Karamba ... Abrakadabra ...https://www.tadawul.com.sa/wps/portal/tadawul/market-partici…
...
... für 26 Mrd. Fake Dollar habe ich 5% verkauft ... ähhh ... + 3 Mrd. ...Alles läuft nach der Sanduhr …
Der Sandmann
***
... ...
....................................................................................................................................................
Asian Oil Trading Legend Files For Bankruptcy After Hiding $800 Million In Losses, Secretly Selling Loan Collateral
by Tyler Durden
Sun, 04/19/2020 - 17:55
Last weekend we reported that one of Singapore's biggest and most iconic - and extremely secretive - oil traders, Hin Leong Trading, whose website reports revenue surpassed $14 billion all the way back in 2012, was on the verge of collapse as the company's banks had frozen letters of credit for the firm - a death sentence for any commodity merchant - over its ability to repay debt; as a result, the firm appointed advisers to help negotiate with banks for more time to resolve its finances.
After pointing out the perplexing lack of high-profile blow-ups in the current commodity crush (as a reminder back in 2016 when oil dropped less than it has now, the Glencores and Trafiguras of the world were this close to collapse), we explained the critical nature of L/Cs...
Letters of credit are a critical financial backstop for commodity traders, used as way of financing critical short-term trade. A bank issues the so-called L/C on behalf of the buyer as a guarantee of payment to the seller. Once the goods have exchanged hands, the buyer repays the lender.
... and said that Hin Leong had "suddenly found itself without providers of L/Cs - for reasons still not exactly known - without which it is effectively paralyzed as it needs to front cash for any transactions, something no modern commodity merchant can afford to do." ...
One unexpected consequence of the company's sudden bankruptcy, is that with a record 160MM barrels of oil loaded up on tankers to ease the global commodity glut, Singapore may suddenly lose its place as the world's tanker "parking lot." While traditionally Singapore has had massive spare oil storage capacity which explains photos such as shits one...
...
Hin Leong's Universal Terminal with storage capacity of 2.33 million cubic meters is the largest independent petroleum storage terminal in Singapore and one of the biggest independent storage facilities worldwide. Source: Hin Leong
https://www.zerohedge.com/commodities/singapore-oil-trading-…
....................................................................................................................................................
Futures Plunge As WTI Crashes By Most On Record, Tumbling To $11 Per Barrel
by Tyler Durden
Mon, 04/20/2020 - 08:13
Oil prices crashed the most on record with the May WTI futures contract hitting its lowest level since 1999, plunging as low as $11 or down 38%, as nobody wants to take actual physical storage amid widespread fears crude storage will soon be full; meanwhile companies prepare to report the worst quarterly earnings since the financial crisis, while tens of thousands of people continue to get sick every day with the coronavirus.
While Brent was only down $1.12, or 4%, at $26.96 a barrel on Monday morning, the carnage took place in the landlocked WTI, whose May contract fell $5.70 to its lowest since March 1998 though the sell-off was exaggerated by the contract’s Tuesday expiry because no one wants to be left long to take delivery as there is nowhere to put the physical product. In any case, the 37% drop was the biggest one-day drop on record! ...
https://www.zerohedge.com/markets/futures-plunge-wti-crashes…
....................................................................................................................................................
Rio Tinto
https://www.portoflosangeles.org/business/terminals/liquid-b…
Port of Rotterdam
PORT TERMINAL VLADIVOSTOK
https://oookim.ru/vladivostok-port-terminal/
https://www.oiltanking.com/de/kontakt/standorte-weltweit.htm…
....................................................................................................................................................
Saudi Aramco May Cause A Bloodbath In Cushing
Apr. 17, 2020 7:08 PM ET|
Robert Boslego
Summary
https://seekingalpha.com/article/4338308-saudi-aramco-may-ca…
.......................................................................................................................................................
Asian Oil Trading Legend Files For Bankruptcy After Hiding $800 Million In Losses, Secretly Selling Loan Collateral
by Tyler Durden
Sun, 04/19/2020 - 17:55
Last weekend we reported that one of Singapore's biggest and most iconic - and extremely secretive - oil traders, Hin Leong Trading, whose website reports revenue surpassed $14 billion all the way back in 2012, was on the verge of collapse as the company's banks had frozen letters of credit for the firm - a death sentence for any commodity merchant - over its ability to repay debt; as a result, the firm appointed advisers to help negotiate with banks for more time to resolve its finances.
After pointing out the perplexing lack of high-profile blow-ups in the current commodity crush (as a reminder back in 2016 when oil dropped less than it has now, the Glencores and Trafiguras of the world were this close to collapse), we explained the critical nature of L/Cs...
Letters of credit are a critical financial backstop for commodity traders, used as way of financing critical short-term trade. A bank issues the so-called L/C on behalf of the buyer as a guarantee of payment to the seller. Once the goods have exchanged hands, the buyer repays the lender.
... and said that Hin Leong had "suddenly found itself without providers of L/Cs - for reasons still not exactly known - without which it is effectively paralyzed as it needs to front cash for any transactions, something no modern commodity merchant can afford to do." ...
One unexpected consequence of the company's sudden bankruptcy, is that with a record 160MM barrels of oil loaded up on tankers to ease the global commodity glut, Singapore may suddenly lose its place as the world's tanker "parking lot." While traditionally Singapore has had massive spare oil storage capacity which explains photos such as shits one...
...
Hin Leong's Universal Terminal with storage capacity of 2.33 million cubic meters is the largest independent petroleum storage terminal in Singapore and one of the biggest independent storage facilities worldwide. Source: Hin Leong
https://www.zerohedge.com/commodities/singapore-oil-trading-…
....................................................................................................................................................
Futures Plunge As WTI Crashes By Most On Record, Tumbling To $11 Per Barrel
by Tyler Durden
Mon, 04/20/2020 - 08:13
Oil prices crashed the most on record with the May WTI futures contract hitting its lowest level since 1999, plunging as low as $11 or down 38%, as nobody wants to take actual physical storage amid widespread fears crude storage will soon be full; meanwhile companies prepare to report the worst quarterly earnings since the financial crisis, while tens of thousands of people continue to get sick every day with the coronavirus.
While Brent was only down $1.12, or 4%, at $26.96 a barrel on Monday morning, the carnage took place in the landlocked WTI, whose May contract fell $5.70 to its lowest since March 1998 though the sell-off was exaggerated by the contract’s Tuesday expiry because no one wants to be left long to take delivery as there is nowhere to put the physical product. In any case, the 37% drop was the biggest one-day drop on record! ...
https://www.zerohedge.com/markets/futures-plunge-wti-crashes…
....................................................................................................................................................
Rio Tinto
https://www.portoflosangeles.org/business/terminals/liquid-b…
Port of Rotterdam
PORT TERMINAL VLADIVOSTOK
https://oookim.ru/vladivostok-port-terminal/
https://www.oiltanking.com/de/kontakt/standorte-weltweit.htm…
....................................................................................................................................................
Saudi Aramco May Cause A Bloodbath In Cushing
Apr. 17, 2020 7:08 PM ET|
Robert Boslego
Summary
https://seekingalpha.com/article/4338308-saudi-aramco-may-ca…
... ... 4 / 10 / 20 ... Rockefeller's Death ... ... DJT ...
Crude Oil May 20 (CL=F)
NY Mercantile - NY Mercantile Delayed Price. Currency in USD
Add to watchlist
-35.2000-53.4700 (-299.23%)
https://finance.yahoo.com/quote/CL=F?p=CL=F
.....................................................................................................................................................
History In The Making: Oil Settles At Negative $37.63 Per Barrel
by Tyler Durden
Mon, 04/20/2020 - 12:56
Update (1425ET): And there it is... May WTI just traded below zero for the first time ever (trading below NEGATIVE $40 per barrel)... There was a small bid right into the settlement at 1430ET leaving the May contract to settle at negative $37.63. ...
https://www.zerohedge.com/markets/historic-oil-crash-sends-c…
.....................................................................................................................................................
Oil Prices Crash as Storage Shortage Looms
by John Carney20 Apr 2020
The joke among oil traders Monday morning is that gas stations will soon be paying customers to fill up their tanks as the search for storage options intensifies.
Oil prices plunged on Monday to multi-decade lows. ...
Soon to be expiring contracts are typically traded in lower volumes. Some traders may be selling the expiring May contract for fear that storing oil will become more expensive as high production numbers clash with low demand around the globe.
The June WTI contract for West Texas Intermediate futures, fell by more than 11.5 percent. Brent crude oil, considered the global benchmark, fell by around 6 percent.
Analysts are concerned that the capacity for storing oil may run out soon. The storage facility in Cushing, Oklahoma has become a ...
When prices for futures contracts expiring further out are higher than contracts expiring sooner, traders describe the market as being in “contango.” The opposite, where near-term contracts are cheaper than long-term, is called “backwardation.” The current market, with a steep discount for oil available for near-term delivery, is known as “super-contang0.” The definitions of those terms may not matter to most consumers but they are fun to say.
“Uncontained contango,” is a new phrase being thrown around to describe super-contango driven by lack of storage capacity. ...
https://www.breitbart.com/health/2020/04/20/oil-price-crash/
... 4 / 10 / 20 ... Rockefeller's Death ... ... DJT ...Crude Oil May 20 (CL=F)
NY Mercantile - NY Mercantile Delayed Price. Currency in USD
Add to watchlist
-35.2000-53.4700 (-299.23%)
https://finance.yahoo.com/quote/CL=F?p=CL=F
.....................................................................................................................................................
History In The Making: Oil Settles At Negative $37.63 Per Barrel
by Tyler Durden
Mon, 04/20/2020 - 12:56
Update (1425ET): And there it is... May WTI just traded below zero for the first time ever (trading below NEGATIVE $40 per barrel)... There was a small bid right into the settlement at 1430ET leaving the May contract to settle at negative $37.63. ...
https://www.zerohedge.com/markets/historic-oil-crash-sends-c…
.....................................................................................................................................................
Oil Prices Crash as Storage Shortage Looms
by John Carney20 Apr 2020
The joke among oil traders Monday morning is that gas stations will soon be paying customers to fill up their tanks as the search for storage options intensifies.
Oil prices plunged on Monday to multi-decade lows. ...
Soon to be expiring contracts are typically traded in lower volumes. Some traders may be selling the expiring May contract for fear that storing oil will become more expensive as high production numbers clash with low demand around the globe.
The June WTI contract for West Texas Intermediate futures, fell by more than 11.5 percent. Brent crude oil, considered the global benchmark, fell by around 6 percent.
Analysts are concerned that the capacity for storing oil may run out soon. The storage facility in Cushing, Oklahoma has become a ...
When prices for futures contracts expiring further out are higher than contracts expiring sooner, traders describe the market as being in “contango.” The opposite, where near-term contracts are cheaper than long-term, is called “backwardation.” The current market, with a steep discount for oil available for near-term delivery, is known as “super-contang0.” The definitions of those terms may not matter to most consumers but they are fun to say.
“Uncontained contango,” is a new phrase being thrown around to describe super-contango driven by lack of storage capacity. ...
https://www.breitbart.com/health/2020/04/20/oil-price-crash/
Antwort auf Beitrag Nr.: 63.392.921 von teecee1 am 20.04.20 23:07:45Aramco Plans $75 Billion Dividend as Profit Drops 25%
Matthew Martin and Anthony Di Paola, Bloomberg • May 12, 2020
(Bloomberg) -- Saudi Arabia’s state-controlled oil giant retained its massive dividend despite a 25% plunge in profit, and signaled it would keep spending in check as it braces for deeper damage from the oil crisis.
Saudi Aramco, the world’s most valuable company, will pay a dividend of $18.75 billion for the first three months of 2020. That would leave it on track to meet its full-year goal of $75 billion, though the company didn’t specify if it was still committed to that number.
The dividend is crucial for the kingdom, which holds about 98% of Aramco and is facing its worst financial turmoil in decades. On Monday, ...
https://finance.yahoo.com/news/saudi-aramco-profit-drops-25-…
...................................................................
... ... Wie soll man es den Leuten erklären ... das wir den Gürtel enger schnallen müssen ... in jedem Land ... 209 Staaten ...
Saudi Arabia Running Out Of Money: Riyadh To Slash Spending By $27 Billion, Suspend Cost Of Living Allowance
by Tyler Durden
Sun, 05/10/2020 - 23:36
Last weekend we quoted Finance Minister Mohammed Al-Jadaan, who warned that the world's biggest oil exporter hasn’t witnessed "a crisis of this severity" in decades, adding that government spending will have to be cut "very deeply", something we touched on previously.
We didn't have long to wait, because early on Monday, the Saudi government - which appears to be running out of money fast - ordered government spending cuts including suspending the cost of living allowance amid broad austerity measures for about $26.6 billion and a tripling of the value-added tax as part of measures aimed to shore up state finances, which have been battered by low oil prices and the coronavirus.
"Cost of living allowance will be suspended as of June first, and the value added tax will be increased to 15% from 5% as of July first," said the Saudi finance minister according to the state news agency, suggesting Saudi Arabia is on the verge of a full-blown fiscal crisis.
Other measures includes canceling or delaying some operational and capital expenditures for a number of government agencies and reducing the credits planned for a number of state initiatives, including ...
https://www.zerohedge.com/markets/saudi-arabia-running-out-m…
...................................................................
Kaum Nachfrage nach Öl: Saudi-Arabien verkündet weitere Einschnitte bei Öl-Fördermenge
Epoch Times11. Mai 2020 Aktualisiert: 11. Mai 2020 17:57
Das Geschäft mit Öl gerät wegen der zusammengebrochenen Weltwirtschaft immer weiter unter Druck. Die bisher vereinbarten Reduzierungen der Fördermengen reichen immer noch nicht aus um den Preis auf einem stabilen Niveau zu halten.
Saudi-Arabien will zur Stützung des weltweiten Ölpreises die tägliche Fördermenge nochmals deutlich senken. Die Regierung habe den saudiarabischen Ölriesen Aramco aufgefordert, pro Tag eine Million Barrel Erdöl weniger als bislang zu fördern, erklärte das Ölministerium des Landes am Montag nach Angaben der amtlichen Nachrichtenagentur SPA. So sollen demnach künftig nur noch 7,5 Millionen Barrel täglich produziert werden. Ein Barrel entspricht 159 Litern.
Auch Saudi-Arabiens Nachbarstaat Kuwait verkündete eine ...
https://www.epochtimes.de/wirtschaft/unternehmen/kaum-nachfr…
...................................................................
... ... wer den Hals nicht voll genug bekommt ...
Aramco May Delay Payments For $69 Billion Sabic Acquisition
By Irina Slav - May 11, 2020, 11:30 AM CDT
Aramco is considering staggering payments for the 70 percent in chemicals conglomerate Sabic that it said it would acquire last year.
Bloomberg reports that the options the oil major was mulling over involved delaying payments for the majority stake in Sabic as well as reducing the initial installment to the seller, Saudi Arabia’s sovereign wealth fund.
Aramco signed the deal to buy 70 percent in Sabic from the Public Investment Fund of Saudi Arabia in March 2019, for the equivalent of US$69.1 billion in Saudi riyals at the time. The acquisition was part of Aramco’s preparation for going public, which happened, after much anticipation, at the end of last year.
Meanwhile, an exclusive Reuters report said that Aramco was also looking to review the price of the Sabic acquisition. The chemicals major’s market value, according to the report, which cited unnamed sources, had fallen by 40 percent since the start of the latest oil price rout, with the price Aramco paid for the 40-percent stake high above the current trading price of Sabic.
The Reuters report also notes ...
https://oilprice.com/Latest-Energy-News/World-News/Aramco-Ma…
...................................................................
UAE Making Even Bigger Cuts To Oil Production Next Month
By Julianne Geiger - May 11, 2020, 5:30 PM CDT
...
But the move to cut additional barrels by Kuwait, Saudi Arabia, and the UAE was seen not as a positive move, but as an out-of-options move as Middle East producers find themselves without buyers. Today’s announcement of additional cuts could, therefore, spark fear instead of confidence as the market views it as a reflection of the true state of the market.
https://oilprice.com/Latest-Energy-News/World-News/UAE-Makin…
Matthew Martin and Anthony Di Paola, Bloomberg • May 12, 2020
(Bloomberg) -- Saudi Arabia’s state-controlled oil giant retained its massive dividend despite a 25% plunge in profit, and signaled it would keep spending in check as it braces for deeper damage from the oil crisis.
Saudi Aramco, the world’s most valuable company, will pay a dividend of $18.75 billion for the first three months of 2020. That would leave it on track to meet its full-year goal of $75 billion, though the company didn’t specify if it was still committed to that number.
The dividend is crucial for the kingdom, which holds about 98% of Aramco and is facing its worst financial turmoil in decades. On Monday, ...
https://finance.yahoo.com/news/saudi-aramco-profit-drops-25-…
...................................................................
...
... Wie soll man es den Leuten erklären ... das wir den Gürtel enger schnallen müssen ... in jedem Land ... 209 Staaten ...Saudi Arabia Running Out Of Money: Riyadh To Slash Spending By $27 Billion, Suspend Cost Of Living Allowance
by Tyler Durden
Sun, 05/10/2020 - 23:36
Last weekend we quoted Finance Minister Mohammed Al-Jadaan, who warned that the world's biggest oil exporter hasn’t witnessed "a crisis of this severity" in decades, adding that government spending will have to be cut "very deeply", something we touched on previously.
We didn't have long to wait, because early on Monday, the Saudi government - which appears to be running out of money fast - ordered government spending cuts including suspending the cost of living allowance amid broad austerity measures for about $26.6 billion and a tripling of the value-added tax as part of measures aimed to shore up state finances, which have been battered by low oil prices and the coronavirus.
"Cost of living allowance will be suspended as of June first, and the value added tax will be increased to 15% from 5% as of July first," said the Saudi finance minister according to the state news agency, suggesting Saudi Arabia is on the verge of a full-blown fiscal crisis.
Other measures includes canceling or delaying some operational and capital expenditures for a number of government agencies and reducing the credits planned for a number of state initiatives, including ...
https://www.zerohedge.com/markets/saudi-arabia-running-out-m…
...................................................................
Kaum Nachfrage nach Öl: Saudi-Arabien verkündet weitere Einschnitte bei Öl-Fördermenge
Epoch Times11. Mai 2020 Aktualisiert: 11. Mai 2020 17:57
Das Geschäft mit Öl gerät wegen der zusammengebrochenen Weltwirtschaft immer weiter unter Druck. Die bisher vereinbarten Reduzierungen der Fördermengen reichen immer noch nicht aus um den Preis auf einem stabilen Niveau zu halten.
Saudi-Arabien will zur Stützung des weltweiten Ölpreises die tägliche Fördermenge nochmals deutlich senken. Die Regierung habe den saudiarabischen Ölriesen Aramco aufgefordert, pro Tag eine Million Barrel Erdöl weniger als bislang zu fördern, erklärte das Ölministerium des Landes am Montag nach Angaben der amtlichen Nachrichtenagentur SPA. So sollen demnach künftig nur noch 7,5 Millionen Barrel täglich produziert werden. Ein Barrel entspricht 159 Litern.
Auch Saudi-Arabiens Nachbarstaat Kuwait verkündete eine ...
https://www.epochtimes.de/wirtschaft/unternehmen/kaum-nachfr…
...................................................................
...
... wer den Hals nicht voll genug bekommt ...Aramco May Delay Payments For $69 Billion Sabic Acquisition
By Irina Slav - May 11, 2020, 11:30 AM CDT
Aramco is considering staggering payments for the 70 percent in chemicals conglomerate Sabic that it said it would acquire last year.
Bloomberg reports that the options the oil major was mulling over involved delaying payments for the majority stake in Sabic as well as reducing the initial installment to the seller, Saudi Arabia’s sovereign wealth fund.
Aramco signed the deal to buy 70 percent in Sabic from the Public Investment Fund of Saudi Arabia in March 2019, for the equivalent of US$69.1 billion in Saudi riyals at the time. The acquisition was part of Aramco’s preparation for going public, which happened, after much anticipation, at the end of last year.
Meanwhile, an exclusive Reuters report said that Aramco was also looking to review the price of the Sabic acquisition. The chemicals major’s market value, according to the report, which cited unnamed sources, had fallen by 40 percent since the start of the latest oil price rout, with the price Aramco paid for the 40-percent stake high above the current trading price of Sabic.
The Reuters report also notes ...
https://oilprice.com/Latest-Energy-News/World-News/Aramco-Ma…
...................................................................
UAE Making Even Bigger Cuts To Oil Production Next Month
By Julianne Geiger - May 11, 2020, 5:30 PM CDT
...
But the move to cut additional barrels by Kuwait, Saudi Arabia, and the UAE was seen not as a positive move, but as an out-of-options move as Middle East producers find themselves without buyers. Today’s announcement of additional cuts could, therefore, spark fear instead of confidence as the market views it as a reflection of the true state of the market.
https://oilprice.com/Latest-Energy-News/World-News/UAE-Makin…
Antwort auf Beitrag Nr.: 63.391.298 von teecee1 am 20.04.20 21:00:47CFTC Warns Traders Oil Prices Can Turn Negative Again
by Tyler Durden
Wed, 05/13/2020 - 13:30
With just one week left until the expiration of the June WTI contract, whose open interest is still a whopping 270K contracts equivalent to 270 million barrels that may soon require a physical delivery spot...
... and some traders getting flashbacks to the catastrophic oil price crash on April 20, today the CFTC poured gasoline on the smouldering fire when it warned that oil futures contracts could again trade with negative prices during the coronavirus pandemic.
As Bloomberg and Dnyuz reports, the Commodity Futures Trading Commission will advise exchanges to monitor their markets and remind them to "maintain rules to provide for the exercise of emergency authority”, including the power to “suspend or curtail trading in any contract” if markets become disorderly, according to an advisory notice to be released on Wednesday.
“We are issuing this advisory in the wake of unusually high volatility and negative pricing experienced in the May 2020 West Texas Intermediate (WTI), Light Sweet Crude Oil Futures contract on April 20,” says the eight-page advisory signed by the CFTC’s heads of market oversight, ...
https://www.zerohedge.com/markets/cftc-warns-traders-oil-pri…
....................................................................................................................................................
SocGen Reportedly Ends Commodity-Financing Biz After $240 Million Loss In Asian Oil-Trading Giant Bankruptcy
by Tyler Durden
Tue, 05/12/2020 - 13:06
After pointing out the perplexing lack of high-profile blow-ups in the current commodity crush (as a reminder back in 2016 when oil dropped less than it has now, the Glencores and Trafiguras of the world were this close to collapse), we reported less than a month ago that one of Singapore's biggest and most iconic - and extremely secretive - oil traders, Hin Leong Trading, whose website reports revenue surpassed $14 billion all the way back in 2012, filed for bankruptcy protection after, according to a Bloomberg report, the son of the "legendary" founder of Hin Leong said the Singapore oil trader hid about $800 million in losses racked up in futures trading.
At the time we warned that potentially means huge losses for the banks which provided the merchant with billions in loans as the collateral they thought they have as a guarantee isn’t there. Altogether, Hin Leong is said to owe almost $4 billion to more than 20 banks including HSBC (which said it booked a substantial loan loss provisions from an exposure to oil traders), who will now scramble to figure out just how massive their loan losses are. ...
https://www.zerohedge.com/commodities/socgen-reportedly-ends…
by Tyler Durden
Wed, 05/13/2020 - 13:30
With just one week left until the expiration of the June WTI contract, whose open interest is still a whopping 270K contracts equivalent to 270 million barrels that may soon require a physical delivery spot...
... and some traders getting flashbacks to the catastrophic oil price crash on April 20, today the CFTC poured gasoline on the smouldering fire when it warned that oil futures contracts could again trade with negative prices during the coronavirus pandemic.
As Bloomberg and Dnyuz reports, the Commodity Futures Trading Commission will advise exchanges to monitor their markets and remind them to "maintain rules to provide for the exercise of emergency authority”, including the power to “suspend or curtail trading in any contract” if markets become disorderly, according to an advisory notice to be released on Wednesday.
“We are issuing this advisory in the wake of unusually high volatility and negative pricing experienced in the May 2020 West Texas Intermediate (WTI), Light Sweet Crude Oil Futures contract on April 20,” says the eight-page advisory signed by the CFTC’s heads of market oversight, ...
https://www.zerohedge.com/markets/cftc-warns-traders-oil-pri…
....................................................................................................................................................
SocGen Reportedly Ends Commodity-Financing Biz After $240 Million Loss In Asian Oil-Trading Giant Bankruptcy
by Tyler Durden
Tue, 05/12/2020 - 13:06
After pointing out the perplexing lack of high-profile blow-ups in the current commodity crush (as a reminder back in 2016 when oil dropped less than it has now, the Glencores and Trafiguras of the world were this close to collapse), we reported less than a month ago that one of Singapore's biggest and most iconic - and extremely secretive - oil traders, Hin Leong Trading, whose website reports revenue surpassed $14 billion all the way back in 2012, filed for bankruptcy protection after, according to a Bloomberg report, the son of the "legendary" founder of Hin Leong said the Singapore oil trader hid about $800 million in losses racked up in futures trading.
At the time we warned that potentially means huge losses for the banks which provided the merchant with billions in loans as the collateral they thought they have as a guarantee isn’t there. Altogether, Hin Leong is said to owe almost $4 billion to more than 20 banks including HSBC (which said it booked a substantial loan loss provisions from an exposure to oil traders), who will now scramble to figure out just how massive their loan losses are. ...
https://www.zerohedge.com/commodities/socgen-reportedly-ends…
Antwort auf Beitrag Nr.: 63.668.920 von teecee1 am 13.05.20 20:57:14IEA: Globale Nachfrage nach Rohöl im April um 25 Mio Barrel täglich gesunken
21:19 14.05.2020https://sptnkne.ws/CwyE
Die weltweite Nachfrage nach Rohöl ist im April 2020 vor dem Hintergrund der Coronavirus-Pandemie im Jahresvergleich um etwa 25,2 Millionen Barrel (je 159 Liter) täglich gesunken.
Das geht aus dem Mai-Bericht der Internationalen Energieagentur (IEA) hervor. Der Abwärtstrend wurde damit begründet, dass etwa vier Milliarden Menschen – gut die Hälfte der gesamten Erdbevölkerung – von diesen oder jenen Einschränkungen betroffen seien.
Öllager von Saudi Aramco in Abqaiq
WTI-Öl schließt an New Yorker Börse fester
Berechnungen von IEA-Experten zufolge dürfte die globale Nachfrage nach Öl im zweiten Quartal um 19,9 Millionen Barrel pro Tag sinken. Die Prognose wirkte sich positiv auf die Preise aus: ...
IEA rechnet weiterhin mit sinkender Nachfrage
Die IEA rechnet damit, ...
...
https://de.sputniknews.com/wirtschaft/20200514327117652-glob…
21:19 14.05.2020https://sptnkne.ws/CwyE
Die weltweite Nachfrage nach Rohöl ist im April 2020 vor dem Hintergrund der Coronavirus-Pandemie im Jahresvergleich um etwa 25,2 Millionen Barrel (je 159 Liter) täglich gesunken.
Das geht aus dem Mai-Bericht der Internationalen Energieagentur (IEA) hervor. Der Abwärtstrend wurde damit begründet, dass etwa vier Milliarden Menschen – gut die Hälfte der gesamten Erdbevölkerung – von diesen oder jenen Einschränkungen betroffen seien.
Öllager von Saudi Aramco in Abqaiq
WTI-Öl schließt an New Yorker Börse fester
Berechnungen von IEA-Experten zufolge dürfte die globale Nachfrage nach Öl im zweiten Quartal um 19,9 Millionen Barrel pro Tag sinken. Die Prognose wirkte sich positiv auf die Preise aus: ...
IEA rechnet weiterhin mit sinkender Nachfrage
Die IEA rechnet damit, ...
...
https://de.sputniknews.com/wirtschaft/20200514327117652-glob…
Antwort auf Beitrag Nr.: 63.689.005 von teecee1 am 15.05.20 08:41:19
Fragile Oil Markets Under Threat From 50 Million Barrels Of Saudi Crude
By Irina Slav - May 15, 2020, 9:00 AM CDT
Some 50 million barrels of Saudi crude oil are approaching U.S. shores just as the Energy Information Administration reported the first inventory decline in months. This, according to Bloomberg, could reverse a tentative recovery in oil prices.
On Wednesday, the EIA reported that commercial crude oil inventories had declined by some 700,000 barrels in the week to May 8. The modest draw gave hope that the oil storage problem may soon begin to resolve itself even if total stockpiles were still above the five-year average for the season.
Now, shipping data from Bloomberg shows more than 50 million barrels of Saudi crude are about to arrive on the Gulf Coast and the West Coast by the end of ...
https://oilprice.com/Energy/Oil-Prices/Fragile-Oil-Markets-U…
.......................................................................................................................................................
Petrobras Expects Permanent Damage To Oil Demand As It Writes Off Billion
By Irina Slav - May 15, 2020, 10:00 AM CDT
Petrobras has warned its shareholders that the coronavirus pandemic could leave a permanent mark on the global economy, including on consumer behaviors, as it reported a first-quarter loss and massive writeoffs on assets that have stopped being economical.
The company booked a $9.7 billion net loss for the first quarter, down from a profit of $1.98 billion a quarter earlier, mostly on an impairment charge of $13.4 billion related to shallow- and deepwater assets.
"The assets that had their values adjusted are mostly oil fields in shallow and deep waters, ...
https://oilprice.com/Energy/Energy-General/Petrobras-Expects…
.......................................................................................................................................................
Erste Opfer: Öl- und Gasindustrie in den USA droht Pleitewelle
14:38 15.05.2020https://sptnkne.ws/CwEK
Von Natalja Dembinskaja
Die US-amerikanische Ölbranche könnte es bald schwer erwischen: Der große Konzern California Resources hat dieser Tage seine Investoren vor einer möglichen Insolvenz gewarnt. Ähnlich äußerte sich auch Mitbewerber Chesapeake Energy.
Warum das lange nicht die letzten Opfer der Krise sind, lesen Sie in diesem Beitrag.
Es geht nur abwärts
Seit dem Ausbruch der Corona-Pandemie sind die Ölpreise fast um 50 Prozent geschrumpft, und im April erreichten die Futures-Notierungen wegen mangelnder Nachfrage sogar den Negativbereich.
Für die ölfördernden Unternehmen in Texas wurde dieser Schlag unerträglich: Die Firma Parsley Energy musste 150 Bohrlöcher schließen, Continental Resources reduzierte die Förderung um ein Drittel und Texland Petroleum stellte sie sogar vollständig ein. Im April ging eines der größten Schieferölunternehmen pleite: Whiting Petroleum. Ihm folgten die Kollegen von Hornbeck Offshore Services.
Branchenkenner sind sich einig: ... ... es wird schmierig ...
https://de.sputniknews.com/kommentare/20200515327122520-usa-…
.......................................................................................................................................................
Russia’s Oil Giant Rosneft Quits All Venezuelan Operations
By Tsvetana Paraskova - May 15, 2020, 10:30 AM CDT
Russia’s largest oil producer, Rosneft, confirmed on Friday that it had discontinued all operations in Venezuela, including in joint ventures, trading, and oilfield services, as the top Russian firm looks to avoid further U.S. sanctions because of its business with Venezuela.
At the end of March, Rosneft said it would be selling all its assets in Venezuela and was said to have canceled oil cargoes from the South American country after the United States hit Rosneft subsidiaries with sanctions due to their continued business with Venezuela.
Rosneft announced the sale of its Venezuelan assets to a company 100-percent owned by the Russian government.
Earlier this year, ...
https://oilprice.com/Latest-Energy-News/World-News/Russias-O…
Fragile Oil Markets Under Threat From 50 Million Barrels Of Saudi Crude
By Irina Slav - May 15, 2020, 9:00 AM CDT
Some 50 million barrels of Saudi crude oil are approaching U.S. shores just as the Energy Information Administration reported the first inventory decline in months. This, according to Bloomberg, could reverse a tentative recovery in oil prices.
On Wednesday, the EIA reported that commercial crude oil inventories had declined by some 700,000 barrels in the week to May 8. The modest draw gave hope that the oil storage problem may soon begin to resolve itself even if total stockpiles were still above the five-year average for the season.
Now, shipping data from Bloomberg shows more than 50 million barrels of Saudi crude are about to arrive on the Gulf Coast and the West Coast by the end of ...
https://oilprice.com/Energy/Oil-Prices/Fragile-Oil-Markets-U…
.......................................................................................................................................................
Petrobras Expects Permanent Damage To Oil Demand As It Writes Off Billion
By Irina Slav - May 15, 2020, 10:00 AM CDT
Petrobras has warned its shareholders that the coronavirus pandemic could leave a permanent mark on the global economy, including on consumer behaviors, as it reported a first-quarter loss and massive writeoffs on assets that have stopped being economical.
The company booked a $9.7 billion net loss for the first quarter, down from a profit of $1.98 billion a quarter earlier, mostly on an impairment charge of $13.4 billion related to shallow- and deepwater assets.
"The assets that had their values adjusted are mostly oil fields in shallow and deep waters, ...
https://oilprice.com/Energy/Energy-General/Petrobras-Expects…
.......................................................................................................................................................
Erste Opfer: Öl- und Gasindustrie in den USA droht Pleitewelle
14:38 15.05.2020https://sptnkne.ws/CwEK
Von Natalja Dembinskaja
Die US-amerikanische Ölbranche könnte es bald schwer erwischen: Der große Konzern California Resources hat dieser Tage seine Investoren vor einer möglichen Insolvenz gewarnt. Ähnlich äußerte sich auch Mitbewerber Chesapeake Energy.
Warum das lange nicht die letzten Opfer der Krise sind, lesen Sie in diesem Beitrag.
Es geht nur abwärts
Seit dem Ausbruch der Corona-Pandemie sind die Ölpreise fast um 50 Prozent geschrumpft, und im April erreichten die Futures-Notierungen wegen mangelnder Nachfrage sogar den Negativbereich.
Für die ölfördernden Unternehmen in Texas wurde dieser Schlag unerträglich: Die Firma Parsley Energy musste 150 Bohrlöcher schließen, Continental Resources reduzierte die Förderung um ein Drittel und Texland Petroleum stellte sie sogar vollständig ein. Im April ging eines der größten Schieferölunternehmen pleite: Whiting Petroleum. Ihm folgten die Kollegen von Hornbeck Offshore Services.
Branchenkenner sind sich einig: ...
... es wird schmierig ...https://de.sputniknews.com/kommentare/20200515327122520-usa-…
.......................................................................................................................................................
Russia’s Oil Giant Rosneft Quits All Venezuelan Operations
By Tsvetana Paraskova - May 15, 2020, 10:30 AM CDT
Russia’s largest oil producer, Rosneft, confirmed on Friday that it had discontinued all operations in Venezuela, including in joint ventures, trading, and oilfield services, as the top Russian firm looks to avoid further U.S. sanctions because of its business with Venezuela.
At the end of March, Rosneft said it would be selling all its assets in Venezuela and was said to have canceled oil cargoes from the South American country after the United States hit Rosneft subsidiaries with sanctions due to their continued business with Venezuela.
Rosneft announced the sale of its Venezuelan assets to a company 100-percent owned by the Russian government.
Earlier this year, ...
https://oilprice.com/Latest-Energy-News/World-News/Russias-O…
Antwort auf Beitrag Nr.: 63.701.344 von teecee1 am 15.05.20 20:51:48US Headed For Another 'Tanker War' With Iran - This Time Off Venezuela's Coast
by Tyler Durden
Sun, 05/17/2020 - 21:50
Iranian state TV has announced at least five least five Iranian-flagged tankers are transporting fuel to Venezuela through the Atlantic Ocean and plan to break the American blockade on the Latin American country.
Iran has warned that any US attempt at intercepting its fuel tankers "would have serious repercussions for the Trump administration ahead of the November elections."
State-funded PressTV underscores that "Iran is shipping tons of gasoline to Venezuela in defiance of US sanctions on both countries in a symbolic move guaranteed by Tehran’s missile prowess." ...
State media has further emphasized that the Iranian fuel tankers will not attempt to conceal their presence or mission: "Iran has intentionally hoisted its own flag over the huge tankers which are navigating through the Atlantic before the eyes of the US Navy," according to the report.
Reuters has also reported that US defense officials are planning a potential response: ...
https://www.zerohedge.com/geopolitical/us-headed-another-tan…
............................................................................................................
A Record Fleet Of 117 Tankers Is Bringing Super Cheap Crude To China
by Tyler Durden
Mon, 05/18/2020 - 06:00
Authored by Tsvetana Paraskova via OilPrice.com,
While the rest of the world is tentatively coming out of lockdowns, China is taking advantage of the cheapest crude oil in years to stock up as demand is starting to return in the world’s largest oil importer, Bloomberg reported on Friday, citing tanker-tracking data it has compiled.
At present, a total of 117 very large crude carriers (VLCCs) – each capable of shipping 2 million barrels of oil – are traveling to China for unloading at its ports between the middle of May and the middle of August. If those supertankers transport standard-size crude oil cargoes, it could mean that China expects at least 230 million barrels of oil over the next three months, according to Bloomberg. The fleet en route to China could be the largest number of supertankers traveling to the world’s top oil importer at one time, ever, Bloomberg News’ Firat Kayakiran says. ...
https://www.zerohedge.com/energy/record-fleet-117-tankers-br…
https://www.zerohedge.com/markets/oil-soars-prompt-wti-conta…
by Tyler Durden
Sun, 05/17/2020 - 21:50
Iranian state TV has announced at least five least five Iranian-flagged tankers are transporting fuel to Venezuela through the Atlantic Ocean and plan to break the American blockade on the Latin American country.
Iran has warned that any US attempt at intercepting its fuel tankers "would have serious repercussions for the Trump administration ahead of the November elections."
State-funded PressTV underscores that "Iran is shipping tons of gasoline to Venezuela in defiance of US sanctions on both countries in a symbolic move guaranteed by Tehran’s missile prowess." ...
State media has further emphasized that the Iranian fuel tankers will not attempt to conceal their presence or mission: "Iran has intentionally hoisted its own flag over the huge tankers which are navigating through the Atlantic before the eyes of the US Navy," according to the report.
Reuters has also reported that US defense officials are planning a potential response: ...
https://www.zerohedge.com/geopolitical/us-headed-another-tan…
............................................................................................................
A Record Fleet Of 117 Tankers Is Bringing Super Cheap Crude To China
by Tyler Durden
Mon, 05/18/2020 - 06:00
Authored by Tsvetana Paraskova via OilPrice.com,
While the rest of the world is tentatively coming out of lockdowns, China is taking advantage of the cheapest crude oil in years to stock up as demand is starting to return in the world’s largest oil importer, Bloomberg reported on Friday, citing tanker-tracking data it has compiled.
At present, a total of 117 very large crude carriers (VLCCs) – each capable of shipping 2 million barrels of oil – are traveling to China for unloading at its ports between the middle of May and the middle of August. If those supertankers transport standard-size crude oil cargoes, it could mean that China expects at least 230 million barrels of oil over the next three months, according to Bloomberg. The fleet en route to China could be the largest number of supertankers traveling to the world’s top oil importer at one time, ever, Bloomberg News’ Firat Kayakiran says. ...
https://www.zerohedge.com/energy/record-fleet-117-tankers-br…
https://www.zerohedge.com/markets/oil-soars-prompt-wti-conta…
Antwort auf Beitrag Nr.: 63.723.976 von teecee1 am 18.05.20 16:29:37WTI Tumbles Despite Record Drop In Cushing Stocks
by Tyler Durden
Wed, 05/20/2020 - 10:35
After WTI's roll from June to July, oil prices have continued their explosion higher, accelerating this morning after last night's surprise crude draw from API. This is the fifth day higher in a row, with July WTI topping $33.50 despite vaccine expectations falling and little to no positive economic headlines. The market is clearly hope-filled...
“Demand is now clearly on its way back from extremely low levels in April,” said Bjarne Schieldrop, chief commodities analyst at SEB AB. “The direction for oil is most likely still higher from here.”
However, as Bloomberg Intelligence Energy Analyst Fernando Valle, warns, while opening of different states and increased traffic point to recovery in gasoline demand; with Latin America’s economic situation worsening, exports will be subdued and contribute to a growing glut in refined products, particularly ...
https://www.zerohedge.com/markets/wti-tumbles-despite-record…
.........................................................................
Saudi Aramco Shares Recover To Level Before Oil Crash
By Tsvetana Paraskova - May 19, 2020, 1:30 PM CDT
Shares in Saudi oil giant Aramco have recovered to levels not seen since Saudi Arabia launched the oil price war in early March, becoming the first major oil firm to regain its market value since oil prices crashed, according to Bloomberg estimates.
Aramco’s stock gained 3.09 percent on Tuesday in Riyadh, but the proportion of its shares trading on the Saudi stock exchange, Tadawul, is much smaller than the volumes and shares of ExxonMobil that change hands every day on the New York Stock Exchange, for example. ...
Earlier this month, Saudi Aramco reported a net income of US$16.66 billion for the first quarter of 2020, down from net earnings of US$22.2 billion for Q1 2019, due to the coronavirus pandemic and ...
https://oilprice.com/Latest-Energy-News/World-News/Saudi-Ara…
... ... noch sind sie Schuldenfrei ... Divid-Ende ... eine Frage der Zeit ... sie treiben den Preis nach oben ... warum ... ??? ...
by Tyler Durden
Wed, 05/20/2020 - 10:35
After WTI's roll from June to July, oil prices have continued their explosion higher, accelerating this morning after last night's surprise crude draw from API. This is the fifth day higher in a row, with July WTI topping $33.50 despite vaccine expectations falling and little to no positive economic headlines. The market is clearly hope-filled...
“Demand is now clearly on its way back from extremely low levels in April,” said Bjarne Schieldrop, chief commodities analyst at SEB AB. “The direction for oil is most likely still higher from here.”
However, as Bloomberg Intelligence Energy Analyst Fernando Valle, warns, while opening of different states and increased traffic point to recovery in gasoline demand; with Latin America’s economic situation worsening, exports will be subdued and contribute to a growing glut in refined products, particularly ...
https://www.zerohedge.com/markets/wti-tumbles-despite-record…
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Saudi Aramco Shares Recover To Level Before Oil Crash
By Tsvetana Paraskova - May 19, 2020, 1:30 PM CDT
Shares in Saudi oil giant Aramco have recovered to levels not seen since Saudi Arabia launched the oil price war in early March, becoming the first major oil firm to regain its market value since oil prices crashed, according to Bloomberg estimates.
Aramco’s stock gained 3.09 percent on Tuesday in Riyadh, but the proportion of its shares trading on the Saudi stock exchange, Tadawul, is much smaller than the volumes and shares of ExxonMobil that change hands every day on the New York Stock Exchange, for example. ...
Earlier this month, Saudi Aramco reported a net income of US$16.66 billion for the first quarter of 2020, down from net earnings of US$22.2 billion for Q1 2019, due to the coronavirus pandemic and ...
https://oilprice.com/Latest-Energy-News/World-News/Saudi-Ara…
...
... noch sind sie Schuldenfrei ... Divid-Ende ... eine Frage der Zeit ... sie treiben den Preis nach oben ... warum ... ??? ...
Antwort auf Beitrag Nr.: 63.753.508 von teecee1 am 20.05.20 17:33:53 ... ... staatlich ... an der Börse ... kann man nichts ... wirklich verstaatlichen ... "Staatsbank"en ... priv. Königreich ... Privatbanken ...
... ein Staatsunternehmen bleibt im Staat ... Staatsgebiet ... und ... ------ ... nicht in anderen Staats-Unternehmen ein ...
The Oil Price War Has Put A $69 Billion Mega Deal At Risk
By Simon Watkins - May 20, 2020, 7:00 PM CDT
Even before the latest slew of announcements regarding the agreement by Saudi Arabia’s flagship oil and gas company, Aramco, to acquire a 70 percent stake in the Kingdom’s key petrochemicals company, Saudi Basic Industries Corporation (SABIC), for US$69.1 billion, from the country’s sovereign wealth fund, the Public Investment Fund (PIF), the ‘deal’ looked like a meaningless accounting trick that transfers money from one side of the Saudi balance sheet to another. It looked like that because that is what it is but it is much worse than that as well.
Over and above the rhetorical nonsense spouted by the various involved participants about value-enhancing ‘synergies’ between the two entities floats the stark fact that there are none at all. Aramco chief executive officer, Amin Nasser, has often stressed that he wants to position the company less as a straightforward crude oil extraction unit and more as a high-value-added developer of advanced petrochemical products.
However, Aramco buying a majority stake in SABIC, given Aramco’s existing downstream infrastructure, will lead to enormous duplication of resources – people, offices, equipment, research and development, marketing, and capital employed, amongst others. In addition, overlaying SABIC’s existing senior and middle management with those of Aramco, ...
https://oilprice.com/Energy/Energy-General/Oil-War-Puts-Saud…
.........................................................................
Aramco declined to comment.
The Saudi state-owned company has been developing its own gas resources as well as eyeing assets in the United States, Russia, Australia and Africa, the company’s chief executive officer and the Saudi energy minister have said. ...
https://www.hellenicshippingnews.com/saudi-aramcos-bahri-puts-lng-tanker-plan-on-hold-sources/
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COVID Crisis Could Unify World’s Largest Oil Companies
By Alex Kimani - May 21, 2020, 7:00 PM CDT
Sir Winston Churchill once admonished leaders to never let a good crisis go to waste. Wall Street banks and other large banks have been paying attention: They were shrewd enough to seize the opportunity presented by the last financial crisis to get hard-nosed government agencies to approve giant M&A deals they would otherwise have frowned upon.
The oil sector should take its cue from the banking sector and try out a little Churchillian wisdom.
Rob Cox, global correspondent for Reuters Breakingviews, seems to feel that is inevitable. He has told Reuters that the Covid-19 crisis could lead to merger mania in sectors like telecoms, auto, consumer goods, and energy.
But unlike the mid-cap energy mergers that had begun to break out before the crisis struck, Rob says tie-ups between giant producers like ExxonMobil (NYSE:XOM), Chevron (NYSE:CVX) and BP(NYSE:BP) among others is now within the realm of possibility.
Cutting Costs
... Giant energy companies could use the cost-cutting gambit to justify mammoth deals that would otherwise fail to pass muster.
Under this backdrop, Exxon and Chevron might bandy together, and even throw in BP for good measure, to form the acronymous “ExChevBrit” whose combined market cap of $425 billion and reserve pool of ~70 billion barrels of oil equivalent would still pale in comparison to Saudi Aramco’s $1.6 trillion value and 270 billion Boe. ...
... ... was machen wir mit unseren Verbindlichkeiten ... unter den Ölteppich kehren ... die wir den Investoren schulden ...
https://oilprice.com/Energy/Energy-General/COVID-Crisis-Coul…
... staatlich ... an der Börse ... kann man nichts ... wirklich verstaatlichen ... "Staatsbank"en ... priv. Königreich ... Privatbanken ... ... ein Staatsunternehmen bleibt im Staat ... Staatsgebiet ... und ... ------ ... nicht in anderen Staats-Unternehmen ein ...
The Oil Price War Has Put A $69 Billion Mega Deal At Risk
By Simon Watkins - May 20, 2020, 7:00 PM CDT
Even before the latest slew of announcements regarding the agreement by Saudi Arabia’s flagship oil and gas company, Aramco, to acquire a 70 percent stake in the Kingdom’s key petrochemicals company, Saudi Basic Industries Corporation (SABIC), for US$69.1 billion, from the country’s sovereign wealth fund, the Public Investment Fund (PIF), the ‘deal’ looked like a meaningless accounting trick that transfers money from one side of the Saudi balance sheet to another. It looked like that because that is what it is but it is much worse than that as well.
Over and above the rhetorical nonsense spouted by the various involved participants about value-enhancing ‘synergies’ between the two entities floats the stark fact that there are none at all. Aramco chief executive officer, Amin Nasser, has often stressed that he wants to position the company less as a straightforward crude oil extraction unit and more as a high-value-added developer of advanced petrochemical products.
However, Aramco buying a majority stake in SABIC, given Aramco’s existing downstream infrastructure, will lead to enormous duplication of resources – people, offices, equipment, research and development, marketing, and capital employed, amongst others. In addition, overlaying SABIC’s existing senior and middle management with those of Aramco, ...
https://oilprice.com/Energy/Energy-General/Oil-War-Puts-Saud…
.........................................................................
Aramco declined to comment.
The Saudi state-owned company has been developing its own gas resources as well as eyeing assets in the United States, Russia, Australia and Africa, the company’s chief executive officer and the Saudi energy minister have said. ...
https://www.hellenicshippingnews.com/saudi-aramcos-bahri-puts-lng-tanker-plan-on-hold-sources/
..........................................................................................................................................................
COVID Crisis Could Unify World’s Largest Oil Companies
By Alex Kimani - May 21, 2020, 7:00 PM CDT
Sir Winston Churchill once admonished leaders to never let a good crisis go to waste. Wall Street banks and other large banks have been paying attention: They were shrewd enough to seize the opportunity presented by the last financial crisis to get hard-nosed government agencies to approve giant M&A deals they would otherwise have frowned upon.
The oil sector should take its cue from the banking sector and try out a little Churchillian wisdom.
Rob Cox, global correspondent for Reuters Breakingviews, seems to feel that is inevitable. He has told Reuters that the Covid-19 crisis could lead to merger mania in sectors like telecoms, auto, consumer goods, and energy.
But unlike the mid-cap energy mergers that had begun to break out before the crisis struck, Rob says tie-ups between giant producers like ExxonMobil (NYSE:XOM), Chevron (NYSE:CVX) and BP(NYSE:BP) among others is now within the realm of possibility.
Cutting Costs
... Giant energy companies could use the cost-cutting gambit to justify mammoth deals that would otherwise fail to pass muster.
Under this backdrop, Exxon and Chevron might bandy together, and even throw in BP for good measure, to form the acronymous “ExChevBrit” whose combined market cap of $425 billion and reserve pool of ~70 billion barrels of oil equivalent would still pale in comparison to Saudi Aramco’s $1.6 trillion value and 270 billion Boe. ...
...
... was machen wir mit unseren Verbindlichkeiten ... unter den Ölteppich kehren ... die wir den Investoren schulden ...https://oilprice.com/Energy/Energy-General/COVID-Crisis-Coul…
Antwort auf Beitrag Nr.: 63.767.920 von teecee1 am 22.05.20 09:23:47Iranian Oil Reaches Crisis-Stricken Venezuela
By Editorial Dept - May 29, 2020, 12:00 PM CDT
- The fourth Iranian fuel tanker has made its way into Venezuelan waters in a direct challenge to US sanctions on both countries. The first three tankers that Iran sent to Venezuela have already arrived and are in the process of unloading. The total deliveries from Iran to Venezuela are expected to be about 1.5 million barrels of gasoline and refining components that are critical to the nation’s oil industry survival. Venezuela has already nearly completely shut down all of its refineries, partly due to years and years of maintenance neglect and partly because it lacks the diluent to refine its ultra-heavy crude oil, which it used to import prior to the sanctions. There are five tankers total in the shipment from Iran. The lack of any response will play poorly against the Trump administration, ...
https://oilprice.com/Energy/Energy-General/Iranian-Oil-Reach…
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Venezuela: Staatsmonopol für Treibstoff aufgehoben – 200 Tankstellen privatisiert
Epoch Times31. Mai 2020 Aktualisiert: 31. Mai 2020 17:04
Angesichts der Krise in Venezuela hat die sozialistische Regierung ein Ende des Staatsmonopols für Treibstoff beschlossen. Das verkündete Staatschef Nicolás Maduro in einer Rede.
Angesichts der Krise in Venezuela hat die sozialistische Regierung zum 1. Juni eine Erhöhung der Benzinpreise und ein Ende des Staatsmonopols für Treibstoff beschlossen. „Wir haben entschieden, dass 200 Tankstellen dieses Produkt zum internationalen Preis verkaufen können“, ...
Der internationale Preis für Benzin sei mit 0,50 Dollar (0,45 Euro) festgelegt worden, führte Maduro aus. An wen die Lizenzen für die privat geführten Tankstellen gingen und ob es dazu ein Bieterverfahren gab, teilte der Präsident nicht mit.
Maduro kündigte zugleich ein Subventionssystem für weiterhin günstigeren Treibstoff an. Für ein Privatauto können demnach monatlich 120 Liter Benzin zum Literpreis von 5.000 Bolivar (0,023 Euro) gekauft werden, für Motorräder monatlich 60 Liter. Für den öffentlichen Verkehr soll der Treibstoff zu 100 Prozent subventioniert werden.
Venezuela ist das erdölreichste Land der Welt, ...
... ... wer wird damit ausgeschalten ...
https://www.epochtimes.de/politik/welt/venezuela-beendet-sta…
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U.S. Regulators Probe Investor Risk Disclosure Of World’s Top Oil ETF
By Tsvetana Paraskova - May 29, 2020, 3:30 PM CDT
The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are investigating the most popular exchange-traded fund tracking crude oil prices, the United States Oil Fund, to ascertain if the fund has managed to properly disclose to investors the risks, Bloomberg reported on Friday, citing three sources familiar with the issue.
The United States Oil Fund LP (NYSEARCA: USO), one of the most popular oil-tracking ETFs for retail investors, was said to be one of the reasons for the historic plunge in May WTI Crude futures on April 20, a day before the May contract expired on April 21.
Many retail investors ...
https://oilprice.com/Latest-Energy-News/World-News/OPEC-Comp…
.........................................................................................................................................................
OPEC Compliance With Output Cuts Was Only 74% In May
By Julianne Geiger - May 29, 2020, 5:30 PM CDT
Not even a full month into OPEC’s deep production cut agreement, rumors have already surfaced that there is a difference of opinion over a possible extension of the oil production cuts—as usual, with Saudi Arabia on one side and Russia on the other.
But those discussions seem premature, given the latest Reuters survey that suggests that the cartel failed to fully comply with its agreed-upon quotas in May.
According to the survey data, Nigeria and Iraq did not live up to their commitments under the massive production cut deal that promised to take 9.7 million barrels of oil production per day out of the oversupplied market.
Overall, the survey showed the group cut just 5.91 million bpd from April levels, producing 24.77 million bpd. This is 4.48 million bpd of the promised reduction, or 74% compliant.
While some have suggested that the reason for OPEC’s failure to bring production down to promised levels is due to contractual obligations with buyers given the short timeframe between the date the agreement was made and its implementation, ...
https://oilprice.com/Latest-Energy-News/World-News/OPEC-Comp…
.........................................................................................................................................................
Russia’s Top Oil Producer Is Struggling With Output Cuts
By Tsvetana Paraskova - May 28, 2020, 4:30 PM CDT
Russia’s largest oil producer, Rosneft, is struggling to supply its long-term buyers with crude oil as it has to cut output due to the OPEC+ deal and will find it hard to keep the current cuts through the end of 2020, as Saudi Arabia is reportedly proposing, Reuters reported on Thursday, quoting sources with knowledge of the matter.
“Rosneft is in pain... They must supply refineries, term buyers. There are simply no resources,” one source with knowledge of the company’s operations told Reuters.
This ‘pain’ for Rosneft may tip the scales in favor of Russia not agreeing to extend the current deep cuts through 2020 –
https://oilprice.com/Latest-Energy-News/World-News/Russias-T…
By Editorial Dept - May 29, 2020, 12:00 PM CDT
- The fourth Iranian fuel tanker has made its way into Venezuelan waters in a direct challenge to US sanctions on both countries. The first three tankers that Iran sent to Venezuela have already arrived and are in the process of unloading. The total deliveries from Iran to Venezuela are expected to be about 1.5 million barrels of gasoline and refining components that are critical to the nation’s oil industry survival. Venezuela has already nearly completely shut down all of its refineries, partly due to years and years of maintenance neglect and partly because it lacks the diluent to refine its ultra-heavy crude oil, which it used to import prior to the sanctions. There are five tankers total in the shipment from Iran. The lack of any response will play poorly against the Trump administration, ...
https://oilprice.com/Energy/Energy-General/Iranian-Oil-Reach…
.........................................................................................................................................................
Venezuela: Staatsmonopol für Treibstoff aufgehoben – 200 Tankstellen privatisiert
Epoch Times31. Mai 2020 Aktualisiert: 31. Mai 2020 17:04
Angesichts der Krise in Venezuela hat die sozialistische Regierung ein Ende des Staatsmonopols für Treibstoff beschlossen. Das verkündete Staatschef Nicolás Maduro in einer Rede.
Angesichts der Krise in Venezuela hat die sozialistische Regierung zum 1. Juni eine Erhöhung der Benzinpreise und ein Ende des Staatsmonopols für Treibstoff beschlossen. „Wir haben entschieden, dass 200 Tankstellen dieses Produkt zum internationalen Preis verkaufen können“, ...
Der internationale Preis für Benzin sei mit 0,50 Dollar (0,45 Euro) festgelegt worden, führte Maduro aus. An wen die Lizenzen für die privat geführten Tankstellen gingen und ob es dazu ein Bieterverfahren gab, teilte der Präsident nicht mit.
Maduro kündigte zugleich ein Subventionssystem für weiterhin günstigeren Treibstoff an. Für ein Privatauto können demnach monatlich 120 Liter Benzin zum Literpreis von 5.000 Bolivar (0,023 Euro) gekauft werden, für Motorräder monatlich 60 Liter. Für den öffentlichen Verkehr soll der Treibstoff zu 100 Prozent subventioniert werden.
Venezuela ist das erdölreichste Land der Welt, ...
...
... wer wird damit ausgeschalten ...https://www.epochtimes.de/politik/welt/venezuela-beendet-sta…
.........................................................................................................................................................
U.S. Regulators Probe Investor Risk Disclosure Of World’s Top Oil ETF
By Tsvetana Paraskova - May 29, 2020, 3:30 PM CDT
The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are investigating the most popular exchange-traded fund tracking crude oil prices, the United States Oil Fund, to ascertain if the fund has managed to properly disclose to investors the risks, Bloomberg reported on Friday, citing three sources familiar with the issue.
The United States Oil Fund LP (NYSEARCA: USO), one of the most popular oil-tracking ETFs for retail investors, was said to be one of the reasons for the historic plunge in May WTI Crude futures on April 20, a day before the May contract expired on April 21.
Many retail investors ...
https://oilprice.com/Latest-Energy-News/World-News/OPEC-Comp…
.........................................................................................................................................................
OPEC Compliance With Output Cuts Was Only 74% In May
By Julianne Geiger - May 29, 2020, 5:30 PM CDT
Not even a full month into OPEC’s deep production cut agreement, rumors have already surfaced that there is a difference of opinion over a possible extension of the oil production cuts—as usual, with Saudi Arabia on one side and Russia on the other.
But those discussions seem premature, given the latest Reuters survey that suggests that the cartel failed to fully comply with its agreed-upon quotas in May.
According to the survey data, Nigeria and Iraq did not live up to their commitments under the massive production cut deal that promised to take 9.7 million barrels of oil production per day out of the oversupplied market.
Overall, the survey showed the group cut just 5.91 million bpd from April levels, producing 24.77 million bpd. This is 4.48 million bpd of the promised reduction, or 74% compliant.
While some have suggested that the reason for OPEC’s failure to bring production down to promised levels is due to contractual obligations with buyers given the short timeframe between the date the agreement was made and its implementation, ...
https://oilprice.com/Latest-Energy-News/World-News/OPEC-Comp…
.........................................................................................................................................................
Russia’s Top Oil Producer Is Struggling With Output Cuts
By Tsvetana Paraskova - May 28, 2020, 4:30 PM CDT
Russia’s largest oil producer, Rosneft, is struggling to supply its long-term buyers with crude oil as it has to cut output due to the OPEC+ deal and will find it hard to keep the current cuts through the end of 2020, as Saudi Arabia is reportedly proposing, Reuters reported on Thursday, quoting sources with knowledge of the matter.
“Rosneft is in pain... They must supply refineries, term buyers. There are simply no resources,” one source with knowledge of the company’s operations told Reuters.
This ‘pain’ for Rosneft may tip the scales in favor of Russia not agreeing to extend the current deep cuts through 2020 –
https://oilprice.com/Latest-Energy-News/World-News/Russias-T…
Antwort auf Beitrag Nr.: 63.857.072 von teecee1 am 31.05.20 18:38:19OPEC+ Closes In On Output Cut Extension
By Irina Slav - Jun 05, 2020, 9:30 AM CDT
OPEC+ is reportedly close to agreeing on an extension of the deep production cuts it signed up for in April, after the cartel’s leaders managed to convince Iraq of the continued need for oil production control, Bloomberg’s Javier Blas and Grant Smith write.
There have been doubts about the future of the cuts because earlier reports said that Russia may not be on board with them. Then Iraq came to the fore as a stumbling block.
Bloomberg reported yesterday that Saudi Arabia and Russia were getting increasingly fed up with OPEC’s number-two’s consistent failure to comply with its production quotas.
“Riyadh and Moscow are not kidding about implementing some form of compliance-improvement mechanism,” Rapidan Energy Group founder Bob McNally told Bloomberg. “Without it, they walk.”
According to the Bloomberg report, ...
https://oilprice.com/Latest-Energy-News/World-News/OPEC-Clos…
...........................................................................................................................................................
Opec startet Gespräche über Verlängerung der Förderkürzung
18:25 06.06.2020(aktualisiert 18:26 06.06.2020) https://sptnkne.ws/CBdM
Die Organisation erdölexportierender Länder (OPEC) hat am Samstag Verhandlungen über eine mögliche Verlängerung der aktuellen Drosselung ihrer Ölproduktion begonnen.
Damit wollen die Opec-Mitglieder den Preisverfall in Zeiten der Corona-Krise stoppen. Nach der internen Abstimmung plant das Ölkartell mit seinen Kooperationspartnern, ...
Allerdings will das Kartell die Preise auch nicht zu sehr hochtreiben. Das könnte die US-Konkurrenz wieder stärker ins Spiel bringen, die bei Preisen jenseits der 40 Dollar für ein Barrel (je 159 Liter) wieder kostendeckend produzieren könnte. Mit einem starken Anstieg der Ölpreise würde sich die Opec ihr eigenes Grab schaufeln, ...
https://de.sputniknews.com/wirtschaft/20200606327309192-opec…
...........................................................................................................................................................
OPEC+ Agrees On Extending Record Output Cuts
By Tom Kool - Jun 06, 2020, 2:20 PM CDT
Algeria’s Energy Minister Mohamed Arkab, OPEC’s current President summed up the group’s sentiment by saying that "Despite the progress achieved to date, we cannot afford to rest on our laurels,''.
The last couple of days, the cartel’s de-facto leader Saudi Arabia negotiated with other OPEC members and some non-OPEC countries including Russia, Kazakhstan and Azerbaijan to extend the current 9.7 million bpd output cuts for at least another month.
Most countries partaking in the record production cuts were willing to continue the current deal, ...
https://oilprice.com/Energy/Crude-Oil/OPEC-Agrees-On-Extendi…
..........................................................................................................................................................
CEOs Bank Big Bonuses As Oil Companies Go Bankrupt
By Alex Kimani - Jun 06, 2020, 6:00 PM CDT
When public oil and gas companies are doing relatively well, many are happy to adopt a pay-for-performance model to reward CEOs and executives. However, the tables are quickly turned when things go to the dogs. When these companies go bankrupt, the misery is shared by employees who lose their jobs; retirees see their benefits and pensions go up in smoke, while shareholders and bondholders get wiped out. In sharp contrast, it's very common for blue-chip executives who have run their companies to the ground to receive multi-million dollar golden sendoffs. Indeed, top executives of oil and gas companies going through Chapter 11 frequently receive very fat payouts in the form of cash bonuses, stock grants, and other benefits that often exceed payments during the good times.
It's not any different this time around. ...
https://oilprice.com/Energy/Energy-General/CEOs-Bank-Big-Bon…
..........................................................................................................................................................
Bohrinseln stehen wegen Öl-Crash vor dem Aus
06.06.2020 16:53
Die aktuelle Weltwirtschaftskrise könnte der Offshore-Ölbranche den Todesstoß versetzen. Denn schon vor dem letzten Preis-Crash waren die Ölpreise eigentlich zu niedrig, um die beteiligten Unternehmen tragen zu können.
Deutsche Wirtschaftsnachrichten
Viele Offshore-Projekte haben sich noch nicht einmal von der letzten Krise erholt. (Foto: dpa)
- Welche Rolle Bohrinseln heute spielen und wie die aktuelle Krise sie belastet
- Wo sich derzeit die zahlreichen Problemen die Offshore-Ölbranche zeigen
- Warum Bohrinseln Stück für Stück durch konkurrierende Technologien ersetzt werden
https://deutsche-wirtschafts-nachrichten.de/504421/Bohrinsel…
..........................................................................................................................................................
China Begins Consolidation Of $100+ Billion Oil & Gas Pipeline Industry
By Tsvetana Paraskova - Jun 05, 2020, 1:30 PM CDT
China has required the three biggest state-held oil corporations to transfer the management of half of their liquefied natural gas (LNG) terminals to the newly created state-controlled midstream firm, Caixin Global reported, citing industry insiders.
The transfer of 10 LNG terminals owned by China National Petroleum Corporation (CNPC), Sinopec, and China National Offshore Oil Corporation (CNOOC) is the first step in China’s plan to consolidate the oil and gas pipeline infrastructure into a new giant state-held midstream company.
At the end of last year, ...
https://oilprice.com/Latest-Energy-News/World-News/China-Beg…
... ... QFS-Kontrolle ... Gesara ... etc. ... New China ...
By Irina Slav - Jun 05, 2020, 9:30 AM CDT
OPEC+ is reportedly close to agreeing on an extension of the deep production cuts it signed up for in April, after the cartel’s leaders managed to convince Iraq of the continued need for oil production control, Bloomberg’s Javier Blas and Grant Smith write.
There have been doubts about the future of the cuts because earlier reports said that Russia may not be on board with them. Then Iraq came to the fore as a stumbling block.
Bloomberg reported yesterday that Saudi Arabia and Russia were getting increasingly fed up with OPEC’s number-two’s consistent failure to comply with its production quotas.
“Riyadh and Moscow are not kidding about implementing some form of compliance-improvement mechanism,” Rapidan Energy Group founder Bob McNally told Bloomberg. “Without it, they walk.”
According to the Bloomberg report, ...
https://oilprice.com/Latest-Energy-News/World-News/OPEC-Clos…
...........................................................................................................................................................
Opec startet Gespräche über Verlängerung der Förderkürzung
18:25 06.06.2020(aktualisiert 18:26 06.06.2020) https://sptnkne.ws/CBdM
Die Organisation erdölexportierender Länder (OPEC) hat am Samstag Verhandlungen über eine mögliche Verlängerung der aktuellen Drosselung ihrer Ölproduktion begonnen.
Damit wollen die Opec-Mitglieder den Preisverfall in Zeiten der Corona-Krise stoppen. Nach der internen Abstimmung plant das Ölkartell mit seinen Kooperationspartnern, ...
Allerdings will das Kartell die Preise auch nicht zu sehr hochtreiben. Das könnte die US-Konkurrenz wieder stärker ins Spiel bringen, die bei Preisen jenseits der 40 Dollar für ein Barrel (je 159 Liter) wieder kostendeckend produzieren könnte. Mit einem starken Anstieg der Ölpreise würde sich die Opec ihr eigenes Grab schaufeln, ...
https://de.sputniknews.com/wirtschaft/20200606327309192-opec…
...........................................................................................................................................................
OPEC+ Agrees On Extending Record Output Cuts
By Tom Kool - Jun 06, 2020, 2:20 PM CDT
Algeria’s Energy Minister Mohamed Arkab, OPEC’s current President summed up the group’s sentiment by saying that "Despite the progress achieved to date, we cannot afford to rest on our laurels,''.
The last couple of days, the cartel’s de-facto leader Saudi Arabia negotiated with other OPEC members and some non-OPEC countries including Russia, Kazakhstan and Azerbaijan to extend the current 9.7 million bpd output cuts for at least another month.
Most countries partaking in the record production cuts were willing to continue the current deal, ...
https://oilprice.com/Energy/Crude-Oil/OPEC-Agrees-On-Extendi…
..........................................................................................................................................................
CEOs Bank Big Bonuses As Oil Companies Go Bankrupt
By Alex Kimani - Jun 06, 2020, 6:00 PM CDT
When public oil and gas companies are doing relatively well, many are happy to adopt a pay-for-performance model to reward CEOs and executives. However, the tables are quickly turned when things go to the dogs. When these companies go bankrupt, the misery is shared by employees who lose their jobs; retirees see their benefits and pensions go up in smoke, while shareholders and bondholders get wiped out. In sharp contrast, it's very common for blue-chip executives who have run their companies to the ground to receive multi-million dollar golden sendoffs. Indeed, top executives of oil and gas companies going through Chapter 11 frequently receive very fat payouts in the form of cash bonuses, stock grants, and other benefits that often exceed payments during the good times.
It's not any different this time around. ...
https://oilprice.com/Energy/Energy-General/CEOs-Bank-Big-Bon…
..........................................................................................................................................................
Bohrinseln stehen wegen Öl-Crash vor dem Aus
06.06.2020 16:53
Die aktuelle Weltwirtschaftskrise könnte der Offshore-Ölbranche den Todesstoß versetzen. Denn schon vor dem letzten Preis-Crash waren die Ölpreise eigentlich zu niedrig, um die beteiligten Unternehmen tragen zu können.
Deutsche Wirtschaftsnachrichten
Viele Offshore-Projekte haben sich noch nicht einmal von der letzten Krise erholt. (Foto: dpa)
- Welche Rolle Bohrinseln heute spielen und wie die aktuelle Krise sie belastet
- Wo sich derzeit die zahlreichen Problemen die Offshore-Ölbranche zeigen
- Warum Bohrinseln Stück für Stück durch konkurrierende Technologien ersetzt werden
https://deutsche-wirtschafts-nachrichten.de/504421/Bohrinsel…
..........................................................................................................................................................
China Begins Consolidation Of $100+ Billion Oil & Gas Pipeline Industry
By Tsvetana Paraskova - Jun 05, 2020, 1:30 PM CDT
China has required the three biggest state-held oil corporations to transfer the management of half of their liquefied natural gas (LNG) terminals to the newly created state-controlled midstream firm, Caixin Global reported, citing industry insiders.
The transfer of 10 LNG terminals owned by China National Petroleum Corporation (CNPC), Sinopec, and China National Offshore Oil Corporation (CNOOC) is the first step in China’s plan to consolidate the oil and gas pipeline infrastructure into a new giant state-held midstream company.
At the end of last year, ...
https://oilprice.com/Latest-Energy-News/World-News/China-Beg…
...
... QFS-Kontrolle ... Gesara ... etc. ... New China ...
Antwort auf Beitrag Nr.: 63.930.260 von teecee1 am 07.06.20 10:22:26June 18, 2020 / 5:15 PM / 11 days ago
Saudi Aramco cuts hundreds of jobs amid oil market downturn, sources say
DUBAI (Reuters) - State oil giant Saudi Aramco (2222.SE) started laying off hundreds of employees this month, two sources familiar with the matter said, as global energy companies reduce their workforces in response to the coronavirus crisis.
Like other top oil firms, ...
https://www.reuters.com/article/us-saudi-aramco-jobs/saudi-a…
..........................................................................................................................................................
Jun 27, 2020
Saudi Aramco's Dividend Math Doesn't Add Up
David Fickling, Bloomberg News
BC-Saudi-Aramco's-Dividend-Math-Doesn't-Add-Up , David Fickling
(Bloomberg Opinion) -- It’s the mother of all payouts.
The $75 billion that Saudi Aramco doles out in dividends every year dwarfs what any other listed company gives to shareholders. It’s roughly equivalent to the payouts from Exxon Mobil Corp., Royal Dutch Shell Plc, Chevron Corp., BP Plc, Total SA, PetroChina Co., Eni SpA, Petroleo Brasiliero SA and China Petroleum & Chemical Corp. or Sinopec — put together.
That makes Chief Executive Officer Amin Nasser’s promise to continue that level of returns for the next five years an extraordinary vote of confidence in an oil market awash with uncertainties. Saudi Aramco will be prepared to borrow money to ensure that it meets its commitment this year despite oil prices heading into negative territory, he said this month.
Running up debts to keep the dividend on track is standard practice for energy companies amid the carnage of 2020’s oil market —
https://www.bnnbloomberg.ca/saudi-aramco-s-dividend-math-doe…
..........................................................................................................................................................
BP verkauft Petrochemiegeschäft für fünf Milliarden Dollar
Nachrichtenagentur: dpa-AFX 29.06.2020, 11:08 | 249 | 0 | 0
LONDON (dpa-AFX) - Der Ölkonzern BP verkauft sein Petrochemiegeschäft für insgesamt 5 Milliarden US-Dollar. Käufer ist das britische Chemieunternehmen Ineos, wie BP am Montag in London mitteilte. Dabei erhält der Ölkonzern eine Vorabzahlung von 400 Millionen Dollar, weitere 3,6 Milliarden fließen bei Abschluss der Transaktion, der zum Jahresende erwartet wird. Eine weitere Milliarde Dollar wird in mehreren Tranchen 2021 gezahlt. Mit dem Verkauf schließe BP sein Programm zur Abgabe von Geschäften mit einem Wert von insgesamt 15 Milliarden Dollar ein Jahr früher ab als geplant, ...
BP verkauft Petrochemiegeschäft für fünf Milliarden Dollar | wallstreet-online.de - Vollständiger Artikel unter: https://www.wallstreet-online.de/nachricht/12668677-bp-verka…
..........................................................................................................................................................
Amerikas Öl-Industrie steht vor Pleitewelle: Jetzt schauen alle verzweifelt auf Trump und die Fed
29.06.2020 09:00
Viele Fracking-Unternehmen schreiben hohe Verluste, der Branche droht ein Massensterben. Ein Trumpf aber bleibt: Die Regierung von Präsident Trump wird alles unternehmen, um die strategisch wichtige Branche zu retten.
https://deutsche-wirtschafts-nachrichten.de/504867/Amerikas-…
... 💵 ... Schuldenabbau ... Bankversklavung ...
... 💵 ... Schuldenabbau ... Korruptin etc. ...
... 💵 ... Aufbau ...
..........................................................................................................................................................
Russland warnt die USA vor Regime-Wechsel in Venezuela
28.06.2020 12:00
Moskau hat Venezuela Solidarität im Kampf gegen einen möglichen von der USA betriebenen Regimewechsel in dem Land zugesichert. Doch auch die USA lassen derzeit die Muskeln spielen.
https://deutsche-wirtschafts-nachrichten.de/504923/Russland-…
..........................................................................................................................................................
On V-Day, Russia Vows To Prevent US-Led 'Regime Change' In Venezuela
by Tyler Durden
Wed, 06/24/2020 - 21:25
On Wednesday Russian Foreign Minister Sergey Lavrov used the occasion of Moscow's 75th anniversary V-Day parade commemorating the end of WWII to warn Washington against pushing regime change in Venezuela.
Among other foreign dignitaries, Caracas' top diplomat Jorge Arreaza was in Moscow for the events. Lavrov issued public statements of solidarity expressing support to the socialist country, calling it "a mainstay for countering the attempts to draw the region back into the 19th century and to impose the Monroe Doctrine."
"We strongly support your commitment to combating foreign diktat and any attempts at blatant interference in the domestic affairs of a sovereign state, opposing any attempts at a forced regime change," Lavrov said, as reported in Newsweek. ...
https://www.zerohedge.com/geopolitical/v-day-russia-vows-pre…
..........................................................................................................................................................
18 Million Barrels Of Sanctioned Venezuelan Oil Are Stuck At Sea
By Tsvetana Paraskova - Jun 24, 2020, 11:30 AM CDT
Oil tankers carrying at least 18.1 million barrels of Venezuelan oil are currently idling at sea across the world unable to find buyers – some for as long as six months – as many potential and previous customers of Venezuela’s crude are not taking chances with delivery for fear of incurring secondary U.S. sanctions.
According to Reuters estimates based on shipping data, industry sources, and documents of Venezuela’s state oil firm PDVSA, at least 16 tankers are idling off the coasts of Africa and Southeast Asia because few potential buyers would risk U.S. sanctions for dealing with the regime of Nicolas Maduro.
The 18.1 million barrels of still unsold Venezuelan crude oil is equal to two months of the country’s production at its current rate, according to Reuters.
Over the past months, the U.S. Administration has increasingly stepped up its maximum pressure campaign on Venezuela and its oil industry and exports, seeking to cut off revenues for Maduro’s regime.
Earlier this year, the United States slapped sanctions on Rosneft’s Switzerland-based trading arm and signaled that it was ready to tighten even more the noose around the Venezuelan government.
Last week, the U.S. Department of the Treasury designated three individuals and eight foreign entities, and identified two ...
https://oilprice.com/Latest-Energy-News/World-News/18-Millio…
..........................................................................................................................................................
Schiffe mit Öl aus Venezuela irren auf den Weltmeeren umher
26.06.2020 16:10
Branchendaten zufolge fahren derzeit Tanker mit vielen Millionen Barrel Erdöl auf den Weltmeeren umher, weil sie nach einem Käufer suchen. Denn sie fürchten die USA.
Das "Schwarze Gold" wird zum "Schwarzen Peter": Aus Furcht vor einer Verfolgung durch die US-Behörden wegen möglicher Sanktionsverstöße scheuen Firmen davor zurück, Venezuela Rohöl abzunehmen. Branchendaten zufolge fahren derzeit mindestens 16 Öltanker auf der Suche nach einem Käufer auf den Weltmeeren umher - ...
https://deutsche-wirtschafts-nachrichten.de/504963/Schiffe-m…
... 💣 ... Pechmarie ... 💵 ... de Ölsumpf wird trocken gelegt ,,, Ölsand ...
..........................................................................................................................................................
Owner Of Largest Refinery In India Stops Importing Venezuelan Oil
By Irina Slav - Jun 26, 2020, 9:30 AM CDT
Reliance Industries, the owner of the largest refinery in India and the world, has stopped buying Venezuelan crude, according to unnamed sources in the know who spoke to Bloomberg,
Last year, Reliance bought a quarter of the oil Venezuela exported, but the last time it bought Venezuelan crude this year was in March, Bloomberg reported, citing tanker data, and at a much lower rate than in 2019, at 117,650 bpd.
Reliance is not alone in shunning Venezuelan oil, fearing repercussions from Washington. India’s second-largest refiner, Nayara Energy, has also stopped buying Venezuelan crude, switching to Canadian, Kuwaiti, and Ecuadorian oil, again according to Bloomberg shipping data.
Meanwhile, tankers carrying at least 18.1 million barrels of Venezuelan oil are currently idling at sea across the world unable to find buyers – some for as long as six months – as many potential and previous customers of Venezuela’s crude are not taking chances with delivery for fear of incurring secondary U.S. sanctions.
The latest round of sanction action by Washington against Caracas was to blacklist five Iranian tanker captains and all tankers that have called at Venezuelan ports over the 12 months to June, making many oil traders reconsider their plans. According to shopping brokerage data cited by Reuters earlier this month, there were as many as 77 tankers that have called at Venezuelan ports over the past 12 months, which puts them at risk of being blacklisted.
Despite the sanctions, Venezuela is still exporting some oil, mostly to ...
https://oilprice.com/Latest-Energy-News/World-News/Owner-Of-…
..........................................................................................................................................................
Reliance working to complete Saudi Aramco deal: Mukesh Ambani
1 min read . Updated: 24 Jun 2020, 06:44 AM IST
Written By Nikhil Agarwal
• Reliance and Aramco share a common outlook and vision on evolution of the business in the future, Mukesh Ambani said
• He said the partnership gives the refineries access to a wide portfolio of value accretive crude grades and enhanced feedstock security
NEW DELHI: Having already raised ₹1.15 lakh crore from global tech investors, including Facebook to make the company net debt-free, Reliance Industries chairman Mukesh Ambani said they are now working to complete contours of a $15-billion deal with Saudi Aramco. Announced in the oil-to-telecom conglomerate's last year annual general meeting (AGM), the deal was to be concluded by March 2020 but has been delayed.
Reliance has not yet given a fresh timeline for the completion of the deal.
"In the energy businesses, ...
https://www.livemint.com/companies/news/reliance-working-to-…
Saudi Aramco cuts hundreds of jobs amid oil market downturn, sources say
DUBAI (Reuters) - State oil giant Saudi Aramco (2222.SE) started laying off hundreds of employees this month, two sources familiar with the matter said, as global energy companies reduce their workforces in response to the coronavirus crisis.
Like other top oil firms, ...
https://www.reuters.com/article/us-saudi-aramco-jobs/saudi-a…
..........................................................................................................................................................
Jun 27, 2020
Saudi Aramco's Dividend Math Doesn't Add Up
David Fickling, Bloomberg News
BC-Saudi-Aramco's-Dividend-Math-Doesn't-Add-Up , David Fickling
(Bloomberg Opinion) -- It’s the mother of all payouts.
The $75 billion that Saudi Aramco doles out in dividends every year dwarfs what any other listed company gives to shareholders. It’s roughly equivalent to the payouts from Exxon Mobil Corp., Royal Dutch Shell Plc, Chevron Corp., BP Plc, Total SA, PetroChina Co., Eni SpA, Petroleo Brasiliero SA and China Petroleum & Chemical Corp. or Sinopec — put together.
That makes Chief Executive Officer Amin Nasser’s promise to continue that level of returns for the next five years an extraordinary vote of confidence in an oil market awash with uncertainties. Saudi Aramco will be prepared to borrow money to ensure that it meets its commitment this year despite oil prices heading into negative territory, he said this month.
Running up debts to keep the dividend on track is standard practice for energy companies amid the carnage of 2020’s oil market —
https://www.bnnbloomberg.ca/saudi-aramco-s-dividend-math-doe…
..........................................................................................................................................................
BP verkauft Petrochemiegeschäft für fünf Milliarden Dollar
Nachrichtenagentur: dpa-AFX 29.06.2020, 11:08 | 249 | 0 | 0
LONDON (dpa-AFX) - Der Ölkonzern BP verkauft sein Petrochemiegeschäft für insgesamt 5 Milliarden US-Dollar. Käufer ist das britische Chemieunternehmen Ineos, wie BP am Montag in London mitteilte. Dabei erhält der Ölkonzern eine Vorabzahlung von 400 Millionen Dollar, weitere 3,6 Milliarden fließen bei Abschluss der Transaktion, der zum Jahresende erwartet wird. Eine weitere Milliarde Dollar wird in mehreren Tranchen 2021 gezahlt. Mit dem Verkauf schließe BP sein Programm zur Abgabe von Geschäften mit einem Wert von insgesamt 15 Milliarden Dollar ein Jahr früher ab als geplant, ...
BP verkauft Petrochemiegeschäft für fünf Milliarden Dollar | wallstreet-online.de - Vollständiger Artikel unter: https://www.wallstreet-online.de/nachricht/12668677-bp-verka…
..........................................................................................................................................................
Amerikas Öl-Industrie steht vor Pleitewelle: Jetzt schauen alle verzweifelt auf Trump und die Fed
29.06.2020 09:00
Viele Fracking-Unternehmen schreiben hohe Verluste, der Branche droht ein Massensterben. Ein Trumpf aber bleibt: Die Regierung von Präsident Trump wird alles unternehmen, um die strategisch wichtige Branche zu retten.
https://deutsche-wirtschafts-nachrichten.de/504867/Amerikas-…
... 💵 ... Schuldenabbau ... Bankversklavung ...
... 💵 ... Schuldenabbau ... Korruptin etc. ...
... 💵 ... Aufbau ...
..........................................................................................................................................................
Russland warnt die USA vor Regime-Wechsel in Venezuela
28.06.2020 12:00
Moskau hat Venezuela Solidarität im Kampf gegen einen möglichen von der USA betriebenen Regimewechsel in dem Land zugesichert. Doch auch die USA lassen derzeit die Muskeln spielen.
https://deutsche-wirtschafts-nachrichten.de/504923/Russland-…
..........................................................................................................................................................
On V-Day, Russia Vows To Prevent US-Led 'Regime Change' In Venezuela
by Tyler Durden
Wed, 06/24/2020 - 21:25
On Wednesday Russian Foreign Minister Sergey Lavrov used the occasion of Moscow's 75th anniversary V-Day parade commemorating the end of WWII to warn Washington against pushing regime change in Venezuela.
Among other foreign dignitaries, Caracas' top diplomat Jorge Arreaza was in Moscow for the events. Lavrov issued public statements of solidarity expressing support to the socialist country, calling it "a mainstay for countering the attempts to draw the region back into the 19th century and to impose the Monroe Doctrine."
"We strongly support your commitment to combating foreign diktat and any attempts at blatant interference in the domestic affairs of a sovereign state, opposing any attempts at a forced regime change," Lavrov said, as reported in Newsweek. ...
https://www.zerohedge.com/geopolitical/v-day-russia-vows-pre…
..........................................................................................................................................................
18 Million Barrels Of Sanctioned Venezuelan Oil Are Stuck At Sea
By Tsvetana Paraskova - Jun 24, 2020, 11:30 AM CDT
Oil tankers carrying at least 18.1 million barrels of Venezuelan oil are currently idling at sea across the world unable to find buyers – some for as long as six months – as many potential and previous customers of Venezuela’s crude are not taking chances with delivery for fear of incurring secondary U.S. sanctions.
According to Reuters estimates based on shipping data, industry sources, and documents of Venezuela’s state oil firm PDVSA, at least 16 tankers are idling off the coasts of Africa and Southeast Asia because few potential buyers would risk U.S. sanctions for dealing with the regime of Nicolas Maduro.
The 18.1 million barrels of still unsold Venezuelan crude oil is equal to two months of the country’s production at its current rate, according to Reuters.
Over the past months, the U.S. Administration has increasingly stepped up its maximum pressure campaign on Venezuela and its oil industry and exports, seeking to cut off revenues for Maduro’s regime.
Earlier this year, the United States slapped sanctions on Rosneft’s Switzerland-based trading arm and signaled that it was ready to tighten even more the noose around the Venezuelan government.
Last week, the U.S. Department of the Treasury designated three individuals and eight foreign entities, and identified two ...
https://oilprice.com/Latest-Energy-News/World-News/18-Millio…
..........................................................................................................................................................
Schiffe mit Öl aus Venezuela irren auf den Weltmeeren umher
26.06.2020 16:10
Branchendaten zufolge fahren derzeit Tanker mit vielen Millionen Barrel Erdöl auf den Weltmeeren umher, weil sie nach einem Käufer suchen. Denn sie fürchten die USA.
Das "Schwarze Gold" wird zum "Schwarzen Peter": Aus Furcht vor einer Verfolgung durch die US-Behörden wegen möglicher Sanktionsverstöße scheuen Firmen davor zurück, Venezuela Rohöl abzunehmen. Branchendaten zufolge fahren derzeit mindestens 16 Öltanker auf der Suche nach einem Käufer auf den Weltmeeren umher - ...
https://deutsche-wirtschafts-nachrichten.de/504963/Schiffe-m…
... 💣 ... Pechmarie ... 💵 ... de Ölsumpf wird trocken gelegt ,,, Ölsand ...
..........................................................................................................................................................
Owner Of Largest Refinery In India Stops Importing Venezuelan Oil
By Irina Slav - Jun 26, 2020, 9:30 AM CDT
Reliance Industries, the owner of the largest refinery in India and the world, has stopped buying Venezuelan crude, according to unnamed sources in the know who spoke to Bloomberg,
Last year, Reliance bought a quarter of the oil Venezuela exported, but the last time it bought Venezuelan crude this year was in March, Bloomberg reported, citing tanker data, and at a much lower rate than in 2019, at 117,650 bpd.
Reliance is not alone in shunning Venezuelan oil, fearing repercussions from Washington. India’s second-largest refiner, Nayara Energy, has also stopped buying Venezuelan crude, switching to Canadian, Kuwaiti, and Ecuadorian oil, again according to Bloomberg shipping data.
Meanwhile, tankers carrying at least 18.1 million barrels of Venezuelan oil are currently idling at sea across the world unable to find buyers – some for as long as six months – as many potential and previous customers of Venezuela’s crude are not taking chances with delivery for fear of incurring secondary U.S. sanctions.
The latest round of sanction action by Washington against Caracas was to blacklist five Iranian tanker captains and all tankers that have called at Venezuelan ports over the 12 months to June, making many oil traders reconsider their plans. According to shopping brokerage data cited by Reuters earlier this month, there were as many as 77 tankers that have called at Venezuelan ports over the past 12 months, which puts them at risk of being blacklisted.
Despite the sanctions, Venezuela is still exporting some oil, mostly to ...
https://oilprice.com/Latest-Energy-News/World-News/Owner-Of-…
..........................................................................................................................................................
Reliance working to complete Saudi Aramco deal: Mukesh Ambani
1 min read . Updated: 24 Jun 2020, 06:44 AM IST
Written By Nikhil Agarwal
• Reliance and Aramco share a common outlook and vision on evolution of the business in the future, Mukesh Ambani said
• He said the partnership gives the refineries access to a wide portfolio of value accretive crude grades and enhanced feedstock security
NEW DELHI: Having already raised ₹1.15 lakh crore from global tech investors, including Facebook to make the company net debt-free, Reliance Industries chairman Mukesh Ambani said they are now working to complete contours of a $15-billion deal with Saudi Aramco. Announced in the oil-to-telecom conglomerate's last year annual general meeting (AGM), the deal was to be concluded by March 2020 but has been delayed.
Reliance has not yet given a fresh timeline for the completion of the deal.
"In the energy businesses, ...
https://www.livemint.com/companies/news/reliance-working-to-…
Antwort auf Beitrag Nr.: 64.218.784 von teecee1 am 29.06.20 11:56:49Big Oil Braces For Brutal Earnings Season
By Nick Cunningham - Jul 25, 2020, 6:00 PM CDT
The oil majors are set to unveil their second-quarter earnings in the coming days, and analysts expect the figures to be pretty rough. Despite their size, the integrated oil majors are slated to post huge losses. The problem is that there is almost nowhere to hide. Oil prices were obviously at historically low levels in the second quarter, including a brief trip deep into negative territory. Typically, during downturns, the majors are shielded by their downstream refining assets – low crude prices lower input costs and cheap fuel tends to stoke demand.
... ☕ ... E & Y Friseur ...
However, the pandemic obviously shut everything down, so demand contracted sharply. With hundreds of millions of people confined to their homes, it didn’t matter if fuel was cheap. As a result, refining margins collapsed.
So, too, did petrochemical demand. Chemical units were unlikely to bolster the battered finances of the oil giants. Meanwhile, the global market for LNG has also plummeted. Natural gas has been another segment in which the oil majors are betting their future growth. But Covid-19 has ravaged gas markets as well.
Perhaps the numbers won’t be as bad as expected. On Friday, ...
https://oilprice.com/Energy/Crude-Oil/Big-Oil-Braces-For-Bru…
..........................................................................................................................................................
Rystad’s New Oil Demand Scenario Banks On Second Wave COVID-19
By Julianne Geiger - Jul 25, 2020, 10:30 AM CDT
Rystad Energy is now changing its base-case scenario for oil demand, banking on a second wave of Covid-19.
The new assumption for the base case now incorporates a mild second wave of the coronavirus, which will stall the global oil demand recovery. While Europe reopens parts of its economy, triggering an increase in oil demand, increases in the number of coronavirus cases in other large oil consumers, including the United States, Brazil, and India will offset those European increases, according to Rystad.
Rystad also added a worst-case scenario—one that sees oil demand to be 3.7 million bpd lower for the remainder of 2020, compared to the above base-case scenario, if full lockdowns are reimplemented globally due to increases in the coronavirus.
Rystad notes, ...
https://oilprice.com/Latest-Energy-News/World-News/Rystads-N…
..........................................................................................................................................................
Mexico is moving toward launching the world's largest oil hedge
25th July, 2020
Mexico has asked the largest banks on Wall Street to bid for its massive oil hedging program, while options for trading in crude oil are growing this week ahead of the giant deal. According to Reuters sources
A source with direct knowledge of the matter said that the Ministry of Finance asked banks for quotations, indicating the start of the hedging implementation process
Every year, Mexico buys financial contracts amounting to one billion dollars, which is the largest oil hedging program in the world, to protect its oil revenues.
Bankers and officials on both sides of the deal expect a lower hedge this year because the options used to protect oil profits are more expensive than last ...
https://economy-news.net/content.php?id=21157
By Nick Cunningham - Jul 25, 2020, 6:00 PM CDT
The oil majors are set to unveil their second-quarter earnings in the coming days, and analysts expect the figures to be pretty rough. Despite their size, the integrated oil majors are slated to post huge losses. The problem is that there is almost nowhere to hide. Oil prices were obviously at historically low levels in the second quarter, including a brief trip deep into negative territory. Typically, during downturns, the majors are shielded by their downstream refining assets – low crude prices lower input costs and cheap fuel tends to stoke demand.
... ☕ ... E & Y Friseur ...
However, the pandemic obviously shut everything down, so demand contracted sharply. With hundreds of millions of people confined to their homes, it didn’t matter if fuel was cheap. As a result, refining margins collapsed.
So, too, did petrochemical demand. Chemical units were unlikely to bolster the battered finances of the oil giants. Meanwhile, the global market for LNG has also plummeted. Natural gas has been another segment in which the oil majors are betting their future growth. But Covid-19 has ravaged gas markets as well.
Perhaps the numbers won’t be as bad as expected. On Friday, ...
https://oilprice.com/Energy/Crude-Oil/Big-Oil-Braces-For-Bru…
..........................................................................................................................................................
Rystad’s New Oil Demand Scenario Banks On Second Wave COVID-19
By Julianne Geiger - Jul 25, 2020, 10:30 AM CDT
Rystad Energy is now changing its base-case scenario for oil demand, banking on a second wave of Covid-19.
The new assumption for the base case now incorporates a mild second wave of the coronavirus, which will stall the global oil demand recovery. While Europe reopens parts of its economy, triggering an increase in oil demand, increases in the number of coronavirus cases in other large oil consumers, including the United States, Brazil, and India will offset those European increases, according to Rystad.
Rystad also added a worst-case scenario—one that sees oil demand to be 3.7 million bpd lower for the remainder of 2020, compared to the above base-case scenario, if full lockdowns are reimplemented globally due to increases in the coronavirus.
Rystad notes, ...
https://oilprice.com/Latest-Energy-News/World-News/Rystads-N…
..........................................................................................................................................................
Mexico is moving toward launching the world's largest oil hedge
25th July, 2020
Mexico has asked the largest banks on Wall Street to bid for its massive oil hedging program, while options for trading in crude oil are growing this week ahead of the giant deal. According to Reuters sources
A source with direct knowledge of the matter said that the Ministry of Finance asked banks for quotations, indicating the start of the hedging implementation process
Every year, Mexico buys financial contracts amounting to one billion dollars, which is the largest oil hedging program in the world, to protect its oil revenues.
Bankers and officials on both sides of the deal expect a lower hedge this year because the options used to protect oil profits are more expensive than last ...
https://economy-news.net/content.php?id=21157
Antwort auf Beitrag Nr.: 64.547.814 von teecee1 am 26.07.20 14:58:58Reliance Overtakes Exxon to Become World’s No. 2 Energy Firm
Debjit Chakraborty, Bloomberg • July 27, 2020
(Bloomberg) -- Reliance Industries Ltd. toppled Exxon Mobil Corp. to become the world’s largest energy company after Saudi Aramco, as investors piled into the conglomerate lured by the Indian firm’s digital and retail forays.
Reliance, which is controlled by Asia’s richest man and manages the world’s biggest oil refinery complex, rose 4.3% in Mumbai on Friday, taking its market value to $189 billion, while Exxon Mobil lost about $1 billion. Aramco, with a market capitalization of $1.75 trillion, is the world’s biggest ...
https://finance.yahoo.com/news/reliance-overtakes-exxon-beco…
..........................................................................................................................................................
July 16, 2020 / 11:40 AM / 11 days ago
Reliance's stake sale talks with Aramco stall over price, sources say
Nidhi Verma, Clara Denina, Saeed Azhar
3 Min Read
NEW DELHI/LONDON/DUBAI (Reuters) - Talks over the sale of a 20% stake in Reliance Industries Ltd’s oil-to-chemical business to Saudi Aramco have stalled over price, four sources familiar with the matter said.
With the energy market hit by falling demand for crude due to COVID-19, Aramco wants the Indian conglomerate to review the $15 billion it agreed to sell the stake for last year, the sources told Reuters.
“Aramco has told Reliance that refining margins are terrible and are expected to remain subdued in Q3 at least, so they can’t pay the price they have agreed pre-COVID,” one of the sources said.
“In reality, Aramco does not have the money.”
A second source said Reliance would wait for the market to recover rather than settling for a “drastic” revaluation of the asset.
Reliance did not respond to Reuters’ emails seeking a response to the sources’ comments, while Aramco ...
https://www.reuters.com/article/us-reliance-aramco/reliances…
..........................................................................................................................................................
This Oil Crisis Will Completely Transform The Industry
By Irina Slav - Jul 26, 2020, 6:00 PM CDT
When JP Morgan's EMEA head of oil and gas research said last month that this crisis was fundamentally no different from previous crises, he was right - at least in a way. But in some ways, he was wrong, because it is not just out of a sense for the dramatic that most observers are calling the current crisis unprecedented.
This crisis will change the industry in ways no other crisis has done.
Oil sands on the path to diversification Canada's oil sands have been among the worst affected segments of the industry, as Wood Mackenzie noted in a June report. One of the reasons for the extent of the damage was that Canada's oil sands producers never got to recover fully from the previous crash before this one struck.
While elsewhere E&Ps picked up where they had left off while the price crisis of 2014 to 2016 unfolded, Canadian oil sands producers struggled ...
https://oilprice.com/Energy/Energy-General/This-Oil-Crisis-W…
Debjit Chakraborty, Bloomberg • July 27, 2020
(Bloomberg) -- Reliance Industries Ltd. toppled Exxon Mobil Corp. to become the world’s largest energy company after Saudi Aramco, as investors piled into the conglomerate lured by the Indian firm’s digital and retail forays.
Reliance, which is controlled by Asia’s richest man and manages the world’s biggest oil refinery complex, rose 4.3% in Mumbai on Friday, taking its market value to $189 billion, while Exxon Mobil lost about $1 billion. Aramco, with a market capitalization of $1.75 trillion, is the world’s biggest ...
https://finance.yahoo.com/news/reliance-overtakes-exxon-beco…
..........................................................................................................................................................
July 16, 2020 / 11:40 AM / 11 days ago
Reliance's stake sale talks with Aramco stall over price, sources say
Nidhi Verma, Clara Denina, Saeed Azhar
3 Min Read
NEW DELHI/LONDON/DUBAI (Reuters) - Talks over the sale of a 20% stake in Reliance Industries Ltd’s oil-to-chemical business to Saudi Aramco have stalled over price, four sources familiar with the matter said.
With the energy market hit by falling demand for crude due to COVID-19, Aramco wants the Indian conglomerate to review the $15 billion it agreed to sell the stake for last year, the sources told Reuters.
“Aramco has told Reliance that refining margins are terrible and are expected to remain subdued in Q3 at least, so they can’t pay the price they have agreed pre-COVID,” one of the sources said.
“In reality, Aramco does not have the money.”
A second source said Reliance would wait for the market to recover rather than settling for a “drastic” revaluation of the asset.
Reliance did not respond to Reuters’ emails seeking a response to the sources’ comments, while Aramco ...
https://www.reuters.com/article/us-reliance-aramco/reliances…
..........................................................................................................................................................
This Oil Crisis Will Completely Transform The Industry
By Irina Slav - Jul 26, 2020, 6:00 PM CDT
When JP Morgan's EMEA head of oil and gas research said last month that this crisis was fundamentally no different from previous crises, he was right - at least in a way. But in some ways, he was wrong, because it is not just out of a sense for the dramatic that most observers are calling the current crisis unprecedented.
This crisis will change the industry in ways no other crisis has done.
Oil sands on the path to diversification Canada's oil sands have been among the worst affected segments of the industry, as Wood Mackenzie noted in a June report. One of the reasons for the extent of the damage was that Canada's oil sands producers never got to recover fully from the previous crash before this one struck.
While elsewhere E&Ps picked up where they had left off while the price crisis of 2014 to 2016 unfolded, Canadian oil sands producers struggled ...
https://oilprice.com/Energy/Energy-General/This-Oil-Crisis-W…
Antwort auf Beitrag Nr.: 64.553.403 von teecee1 am 27.07.20 11:09:14Oil Prices Tank On Global Demand Concerns
By Tsvetana Paraskova - Sep 08, 2020, 9:00 AM CDT
Oil prices plunged on Tuesday morning, with the Brent benchmark sliding to $40 a barrel, as the market looks increasingly concerned that oil demand recovery is faltering with the end of the U.S. driving season and weak refining margins in Asia.
As of 9:40 a.m. EDT on Tuesday, WTI Crude was down 6.97 percent at $37.00—the lowest level since the middle of June, and Brent Crude was plummeting 4.50 percent at $40.04, also the lowest price since June.
The difference in performance between the two benchmarks today is due to a Labor Day settlement mismatch, John Hardy, Head of FX Strategy at Saxo Bank, said.
“Rising Covid-19 cases around the world continue to raise concerns about the short-term demand outlook. To the list we can add the end of the US summer driving season, lower Chinese imports and a stronger dollar,” Hardy said, noting that the key support in Brent is now at $40.
In a sign that demand recovery is faltering, over the weekend, the world’s top oil exporter Saudi Arabia cut its official selling prices for crude oil for October.
“Clearly this suggests that the market is not tightening as quickly as many had anticipated, with supply edging higher, and with demand clearly faltering,” ING strategists Warren Patterson and Wenyu Yao said ...
https://oilprice.com/Energy/Oil-Prices/Oil-Prices-Tank-On-Gl…
... ... wer nur im Bürosessel hoch auf dem Ross(.Kamel.) sitzt, bekommt nicht mit durch welchen Sumpf (.Treibsand.) es läuft ...
... ... Öl im Kreis pumpen ... aus dem einen Loch wieder ins andere ... hin und her pumpen ... vom vollen ins leere ... dabei dreimal verkaufen ...
By Tsvetana Paraskova - Sep 08, 2020, 9:00 AM CDT
Oil prices plunged on Tuesday morning, with the Brent benchmark sliding to $40 a barrel, as the market looks increasingly concerned that oil demand recovery is faltering with the end of the U.S. driving season and weak refining margins in Asia.
As of 9:40 a.m. EDT on Tuesday, WTI Crude was down 6.97 percent at $37.00—the lowest level since the middle of June, and Brent Crude was plummeting 4.50 percent at $40.04, also the lowest price since June.
The difference in performance between the two benchmarks today is due to a Labor Day settlement mismatch, John Hardy, Head of FX Strategy at Saxo Bank, said.
“Rising Covid-19 cases around the world continue to raise concerns about the short-term demand outlook. To the list we can add the end of the US summer driving season, lower Chinese imports and a stronger dollar,” Hardy said, noting that the key support in Brent is now at $40.
In a sign that demand recovery is faltering, over the weekend, the world’s top oil exporter Saudi Arabia cut its official selling prices for crude oil for October.
“Clearly this suggests that the market is not tightening as quickly as many had anticipated, with supply edging higher, and with demand clearly faltering,” ING strategists Warren Patterson and Wenyu Yao said ...
https://oilprice.com/Energy/Oil-Prices/Oil-Prices-Tank-On-Gl…
...
... wer nur im Bürosessel hoch auf dem Ross(.Kamel.) sitzt, bekommt nicht mit durch welchen Sumpf (.Treibsand.) es läuft ......
... Öl im Kreis pumpen ... aus dem einen Loch wieder ins andere ... hin und her pumpen ... vom vollen ins leere ... dabei dreimal verkaufen ...
Antwort auf Beitrag Nr.: 65.021.595 von teecee1 am 08.09.20 17:03:29Oil Plunges Below $40 In Biggest Drop Since June
by Tyler Durden
Tue, 09/08/2020 - 10:08
With growth stocks getting pummeled, one would think that there is at least some rotation out of growth and into value sectors. Alas, one would be wrong, because the core commodity behind so many "value" strategies, oil, is plunging even more than the Nasdaq, with Brent tumbling below $40 for the first time since June...
https://www.zerohedge.com/markets/oil-plunges-5-biggest-drop…
Crude Oil
36.32
-3.45(-8.67%)
by Tyler Durden
Tue, 09/08/2020 - 10:08
With growth stocks getting pummeled, one would think that there is at least some rotation out of growth and into value sectors. Alas, one would be wrong, because the core commodity behind so many "value" strategies, oil, is plunging even more than the Nasdaq, with Brent tumbling below $40 for the first time since June...
https://www.zerohedge.com/markets/oil-plunges-5-biggest-drop…
Crude Oil
36.32
-3.45(-8.67%)
Antwort auf Beitrag Nr.: 65.021.748 von teecee1 am 08.09.20 17:14:54 Saudi Aramco is now suffering the consequences of failed oil price war
12 Sep, 2020 14:01 / Updated 3 hours ago
It was evident to anyone with even half a brain that the last Saudi-instigated oil price war would end in abject failure for the Saudis, just as the previous 2014-2016 effort did and for the very same reasons.
For Crown Prince Mohammed bin Salman (MbS), one of the masterminds behind the oil war – the economic and political problems that his country now face appear to come a very distant second to preserving whatever he thinks is left of his own reputation, with the most obvious public manifestation of this being the aftermath of the internationally-shunned omni-shambolic initial public offering (IPO) for hydrocarbons giant, Saudi Aramco (Aramco). Consequently, in order to stand by one of the inducements required to inveigle anyone to buy the shares – in the triple-locked guaranteed dividend payout – swingeing cuts to key projects for Saudi Arabia are now being announced. ...
https://www.rt.com/business/500469-saudi-suffering-oil-price…
.....................................................................................
Ölpreis-Krieg und Pandemie: Saudi Aramco hat sich völlig verkalkuliert
12.09.2020 12:08
Der saudische Öl-Riese Saudi Aramco hatte einen Ölpreis-Krieg gegen Russland angezettelt, den er verloren hat. Die Pandemie hat die Ölpreise drastisch zurückgehen lassen. Doch der Konzern muss dieses Jahr Dividenden in Milliardenhöhe ausschütten. Das wird aber nicht möglich sein.
• Wie hoch die Dividenden-Verpflichtungen von Saudi Aramco ist
• Wie die Saudis den Ölpreis-Krieg gegen Russland verloren haben
• Wie sich der Netto-Gewinn von Saudi Aramco entwickelt hat
https://deutsche-wirtschafts-nachrichten.de/506289/OElpreis-…
.........................................................................................................................................................
Russian Energy Minister Arrested On Embezzlement Allegations
By Editorial Dept - Sep 11, 2020, 12:00 PM CDT
Politics, Geopolitics & Conflict
Jordan is expecting to resume oil imports from Iraq this month to the tune of 10,000 bpd, after it had to suspend imports completely in August due to the pandemic. Jordan gets as much as 7% of its oil imports from Iraq, through a deal they forged last February. The current import deal is set to expire in November.
As another part of the saga that never ends, Nigeria is asking a Milan court for an immediate advanced payment from Eni and Shell - a payment that would exceed $1 billion - in the corruption trial over the infamous OPL 245 oilfield. Nigeria, the largest oil producer in Africa, gets 86% of all export revenue from its oil and gas industry, yet the country is riddled with energy insecurity and corruption. Nigeria’s budget office warned that the country could fall into a recession in the third quarter on the back of low oil prices and the pandemic. ...
https://oilprice.com/Energy/Energy-General/Russian-Energy-Mi…
.........................................................................................................................................................
Trump Announces ‘Historic Peace Deal’ Between Bahrain And Israel
By Tom Kool - Sep 11, 2020, 4:08 PM CDT
In a three-way phone call on Friday with Israeli Prime Minister Benjamin Netanyahu and King Hamad bin Isa Al Khalifa of Bahrain, U.S. President Trump announced that Bahrain became the next Arab Gulf State to join the historic peace deal that Israel closed with the UAE on August 13th.
Addressing reporters on Thursday, U.S. President Donald Trump already hinted at the participation of another nation in the peace deal. While some analysts expected Saudi Arabia to be the next Arab nation to normalize relations with Jerusalem, there were already some signals that Bahrain would be the next nation to establish relations after the country opened its airspace to Israeli flights.
Shortly after the phone call, U.S. President Trump announced the ‘’Historic Breakthrough’’, saying that it is ‘’the second Arab country to make peace with Israel in 30 days!’’
Trump also tweeted the joint statement in which the two nations agree to work together to increase stability, security and prosperity in the region.
Joint Statement of the United States, the Kingdom of Bahrain, and the State of Israel ...
https://oilprice.com/Latest-Energy-News/World-News/Trump-Ann…
... ... "Bibi ... so ein Mist, keine Kriege mehr ... was machen wir jetzt mit dem ganzen Öl ... ??? ... "
.........................................................................................................................................................
DoD Confirms $10-$20 Billion COVID Bailout For Contractors After Trump Blasted Military-Industrial Complex
by Tyler Durden
Fri, 09/11/2020 - 09:45
This is surely the last thing the American people want to hear, but it does confirm President Trump's recent statements saying that top Pentagon brass essentially seeks out constant wars to keep defense contractors "happy": the Department of Defense plans to cut major military contractors a $10 billion to $20 billion COVID bailout check.
Defense One reports: "With lawmakers and the White House unable to come to an agreement on a new coronavirus stimulus package, it’s unlikely that money requested to reimburse defense contractors for pandemic-related expenses will reach these companies until at least the second quarter of 2021, according to the Pentagon’s top weapons buyer."
Defense undersecretary for acquisition and sustainment, Ellen Lord, in recent statements has indicated the private defense firm stimulus would cover the period from March 15 to Sept. 15 and is estimated at “between $10 and $20 billion.” ...
https://www.zerohedge.com/political/after-trump-lambasted-en…
12 Sep, 2020 14:01 / Updated 3 hours ago
It was evident to anyone with even half a brain that the last Saudi-instigated oil price war would end in abject failure for the Saudis, just as the previous 2014-2016 effort did and for the very same reasons.
For Crown Prince Mohammed bin Salman (MbS), one of the masterminds behind the oil war – the economic and political problems that his country now face appear to come a very distant second to preserving whatever he thinks is left of his own reputation, with the most obvious public manifestation of this being the aftermath of the internationally-shunned omni-shambolic initial public offering (IPO) for hydrocarbons giant, Saudi Aramco (Aramco). Consequently, in order to stand by one of the inducements required to inveigle anyone to buy the shares – in the triple-locked guaranteed dividend payout – swingeing cuts to key projects for Saudi Arabia are now being announced. ...
https://www.rt.com/business/500469-saudi-suffering-oil-price…
.....................................................................................
Ölpreis-Krieg und Pandemie: Saudi Aramco hat sich völlig verkalkuliert
12.09.2020 12:08
Der saudische Öl-Riese Saudi Aramco hatte einen Ölpreis-Krieg gegen Russland angezettelt, den er verloren hat. Die Pandemie hat die Ölpreise drastisch zurückgehen lassen. Doch der Konzern muss dieses Jahr Dividenden in Milliardenhöhe ausschütten. Das wird aber nicht möglich sein.
• Wie hoch die Dividenden-Verpflichtungen von Saudi Aramco ist
• Wie die Saudis den Ölpreis-Krieg gegen Russland verloren haben
• Wie sich der Netto-Gewinn von Saudi Aramco entwickelt hat
https://deutsche-wirtschafts-nachrichten.de/506289/OElpreis-…
.........................................................................................................................................................
Russian Energy Minister Arrested On Embezzlement Allegations
By Editorial Dept - Sep 11, 2020, 12:00 PM CDT
Politics, Geopolitics & Conflict
Jordan is expecting to resume oil imports from Iraq this month to the tune of 10,000 bpd, after it had to suspend imports completely in August due to the pandemic. Jordan gets as much as 7% of its oil imports from Iraq, through a deal they forged last February. The current import deal is set to expire in November.
As another part of the saga that never ends, Nigeria is asking a Milan court for an immediate advanced payment from Eni and Shell - a payment that would exceed $1 billion - in the corruption trial over the infamous OPL 245 oilfield. Nigeria, the largest oil producer in Africa, gets 86% of all export revenue from its oil and gas industry, yet the country is riddled with energy insecurity and corruption. Nigeria’s budget office warned that the country could fall into a recession in the third quarter on the back of low oil prices and the pandemic. ...
https://oilprice.com/Energy/Energy-General/Russian-Energy-Mi…
.........................................................................................................................................................
Trump Announces ‘Historic Peace Deal’ Between Bahrain And Israel
By Tom Kool - Sep 11, 2020, 4:08 PM CDT
In a three-way phone call on Friday with Israeli Prime Minister Benjamin Netanyahu and King Hamad bin Isa Al Khalifa of Bahrain, U.S. President Trump announced that Bahrain became the next Arab Gulf State to join the historic peace deal that Israel closed with the UAE on August 13th.
Addressing reporters on Thursday, U.S. President Donald Trump already hinted at the participation of another nation in the peace deal. While some analysts expected Saudi Arabia to be the next Arab nation to normalize relations with Jerusalem, there were already some signals that Bahrain would be the next nation to establish relations after the country opened its airspace to Israeli flights.
Shortly after the phone call, U.S. President Trump announced the ‘’Historic Breakthrough’’, saying that it is ‘’the second Arab country to make peace with Israel in 30 days!’’
Trump also tweeted the joint statement in which the two nations agree to work together to increase stability, security and prosperity in the region.
Joint Statement of the United States, the Kingdom of Bahrain, and the State of Israel ...
https://oilprice.com/Latest-Energy-News/World-News/Trump-Ann…
...
... "Bibi ... so ein Mist, keine Kriege mehr ... was machen wir jetzt mit dem ganzen Öl ... ??? ... ".........................................................................................................................................................
DoD Confirms $10-$20 Billion COVID Bailout For Contractors After Trump Blasted Military-Industrial Complex
by Tyler Durden
Fri, 09/11/2020 - 09:45
This is surely the last thing the American people want to hear, but it does confirm President Trump's recent statements saying that top Pentagon brass essentially seeks out constant wars to keep defense contractors "happy": the Department of Defense plans to cut major military contractors a $10 billion to $20 billion COVID bailout check.
Defense One reports: "With lawmakers and the White House unable to come to an agreement on a new coronavirus stimulus package, it’s unlikely that money requested to reimburse defense contractors for pandemic-related expenses will reach these companies until at least the second quarter of 2021, according to the Pentagon’s top weapons buyer."
Defense undersecretary for acquisition and sustainment, Ellen Lord, in recent statements has indicated the private defense firm stimulus would cover the period from March 15 to Sept. 15 and is estimated at “between $10 and $20 billion.” ...
https://www.zerohedge.com/political/after-trump-lambasted-en…
... ... solange die Wall-Street existiert gibt es ... ??? ... und es wird immer so bleiben ...
Saudi Prince Abdulaziz Warns Oil Short Sellers: "We Will Never Leave This Market Unattended"
by Tyler Durden
Fri, 09/18/2020 - 09:15
As the price of oil begins to falter, Saudi Arabia has stepped up its rhetoric, even going as far as to warn short sellers not to bet against the price of the commodity.
Saudi Energy Minister Prince Abdulaziz bin Salman gave "clear hints" on Thursday that there could be a change of direction in production policy forthcoming as the price of oil continues its slide, according to Bloomberg.
He said Thursday: “We will never leave this market unattended. I want the guys in the trading floors to be as jumpy as possible. I’m going to make sure whoever gambles on this market will be ouching like hell.” ...
https://www.zerohedge.com/energy/saudi-prince-abdulaziz-warn…
....................................................................................................................................................
18.09.2020 07:25:34
Saudi-Arabien mahnt Förderdisziplin bei OPEC+-Treffen an
Saudi-Arabien dringt auf die Einhaltung des vom Ölkartell OPEC und seinen Partnern (OPEC+) beschlossenen Förderlimits.
Bei einem Online-Treffen warnte der saudische Energieminister Abdulasis bin Salman am Donnerstag davor, mehr Öl als erlaubt zu fördern. "Versuche, den Markt zu überlisten, werden nicht erfolgreich sein", sagte er zu den anderen zugeschalteten Ministern. Gerade angesichts der Folgen der Corona-Krise auf den Ölmarkt sei Disziplin geboten. Länder, die gegenüber den OPEC+ falsche Versprechungen über ihre Ölförderung machten, würden das Ziel der Allianz, den Markt zu stabilisieren und zu steuern, verfehlen.
Die Vereinigten Arabischen Emirate sicherten zu, die Über-Produktion vom August mit niedrigeren Fördermengen im Oktober und November ...
https://www.finanzen.ch/nachrichten/rohstoffe/saudi-arabien-…
....................................................................................................................................................
China’s Crude Oil Imports Are Slowing Down
By Charles Kennedy - Sep 18, 2020, 5:00 PM CDT
China’s imports of crude oil have been trending much lower in September than in the past four months, while the rest of Asia is also significantly slowing imports this month with demand still under pressure, IHS Markit said on Friday.
Crude oil discharged at Chinese ports in the last two weeks were below 8 million barrels per day (bpd), at levels similar to what China imported in March and April, Fotios Katsoulas, Liquid Bulk Principal Analyst, Maritime & Trade, at IHS Markit, said in an analysis.
So far in the third quarter, China’s crude oil imports have stayed strong, with high congestion at many major crude ports.
“But activity so far in September suggests that the world’s biggest ...
https://oilprice.com/Energy/Crude-Oil/Chinas-Crude-Oil-Impor…
... solange die Wall-Street existiert gibt es ... ??? ... und es wird immer so bleiben ...Saudi Prince Abdulaziz Warns Oil Short Sellers: "We Will Never Leave This Market Unattended"
by Tyler Durden
Fri, 09/18/2020 - 09:15
As the price of oil begins to falter, Saudi Arabia has stepped up its rhetoric, even going as far as to warn short sellers not to bet against the price of the commodity.
Saudi Energy Minister Prince Abdulaziz bin Salman gave "clear hints" on Thursday that there could be a change of direction in production policy forthcoming as the price of oil continues its slide, according to Bloomberg.
He said Thursday: “We will never leave this market unattended. I want the guys in the trading floors to be as jumpy as possible. I’m going to make sure whoever gambles on this market will be ouching like hell.” ...
https://www.zerohedge.com/energy/saudi-prince-abdulaziz-warn…
....................................................................................................................................................
18.09.2020 07:25:34
Saudi-Arabien mahnt Förderdisziplin bei OPEC+-Treffen an
Saudi-Arabien dringt auf die Einhaltung des vom Ölkartell OPEC und seinen Partnern (OPEC+) beschlossenen Förderlimits.
Bei einem Online-Treffen warnte der saudische Energieminister Abdulasis bin Salman am Donnerstag davor, mehr Öl als erlaubt zu fördern. "Versuche, den Markt zu überlisten, werden nicht erfolgreich sein", sagte er zu den anderen zugeschalteten Ministern. Gerade angesichts der Folgen der Corona-Krise auf den Ölmarkt sei Disziplin geboten. Länder, die gegenüber den OPEC+ falsche Versprechungen über ihre Ölförderung machten, würden das Ziel der Allianz, den Markt zu stabilisieren und zu steuern, verfehlen.
Die Vereinigten Arabischen Emirate sicherten zu, die Über-Produktion vom August mit niedrigeren Fördermengen im Oktober und November ...
https://www.finanzen.ch/nachrichten/rohstoffe/saudi-arabien-…
....................................................................................................................................................
China’s Crude Oil Imports Are Slowing Down
By Charles Kennedy - Sep 18, 2020, 5:00 PM CDT
China’s imports of crude oil have been trending much lower in September than in the past four months, while the rest of Asia is also significantly slowing imports this month with demand still under pressure, IHS Markit said on Friday.
Crude oil discharged at Chinese ports in the last two weeks were below 8 million barrels per day (bpd), at levels similar to what China imported in March and April, Fotios Katsoulas, Liquid Bulk Principal Analyst, Maritime & Trade, at IHS Markit, said in an analysis.
So far in the third quarter, China’s crude oil imports have stayed strong, with high congestion at many major crude ports.
“But activity so far in September suggests that the world’s biggest ...
https://oilprice.com/Energy/Crude-Oil/Chinas-Crude-Oil-Impor…
Antwort auf Beitrag Nr.: 65.134.609 von teecee1 am 20.09.20 13:16:25 ... 🦅🦅🦅 ...
- Big Pharma Kartell ... COVID 19
- Big Oil Kartell ... 💵 ...
- Big Bank Bang Kartell ... 💰 ...
„Aufregung gerechtfertigt“
Bank of America befeuert Kursfantasien der Wasserstoff-Aktien-Fans
Autor: wallstreet:online Zentralredaktion | 01.10.2020, 13:33 |
Die Bank of America (BofA) hat der grünen Wasserstoff-Branche in einer Studie glänzende Aussichten bescheinigt. Bis 2050 könnten weltweit jährlich vier Billionen US-Dollar durch die grüne Wasserstoff-Industrie und verwandte Wirtschaftszweige umgesetzt werden. Möglich werde dies durch staatlich verordneten Klimaschutz, sinkende Preise bei erneuerbaren Energien sowie technische Errungenschaften bei Brennstoffzellen und Elektrolyseuren.
Haim Israel, Head of Thematic Investing Strategy bei BofA Global Research und Leiter der Studie, glaubt, ...
- Vollständiger Artikel unter: https://www.wallstreet-online.de/nachricht/12987160-aufregun…
.....................................................................................................................................................
https://operationdisclosure1.blogspot.com/2020/10/benjamin-f…
Eine weitere ist, dass die lang erwartete Wasserstoff-Revolution anscheinend endlich beginnt. Wasserstoffbetriebene Autos sind eine viel bessere Technologie als benzinbetriebene, denn das einzige Abgas, das sie ausstoßen, ist Wasserdampf. Ebenso können sie, anders als elektrische Autos, schnell betankt werden und haben eine weit größere Reichweite mit einer Tankfüllung. ...
---
Saudi Arabia Sends Blue Ammonia to Japan in World-First Shipment
Verity Ratcliffe
Sun, September 27, 2020, 1:11 PM GMT+2
(Bloomberg) -- The world’s first shipment of blue ammonia is on its way from Saudi Arabia to Japan, where it will be used in power stations to produce electricity without carbon emissions.
Saudi Aramco, which made the announcement Sunday, ...
https://finance.yahoo.com/news/saudi-arabia-sends-blue-ammon…
..........................................................................
Aramco, Sabic hit blue ammonia milestone for zero carbon project in Japan
September 30/2020
MOSCOW (MRC) -- Saudi Aramco has completed its purchase of a 70 per cent stake in petrochemicals company Saudi Basic Industries for USD69.1 billion and extended the payment period by three years to 2028, providing a cushion against weak oil prices, said Chemweek.
The deal values Saudi Basic Industries Corp (SABIC) at 123.39 riyals (USD32.90) per share, 27.5 per cent above the company's share price of 89.40 riyals, as the coronavirus outbreak has hurt demand for petrochemicals products and dented SABIC's shares.
"It is a significant leap forward, which accelerates Aramco's downstream strategy and transforms our company into one of the major global petrochemicals players," Aramco CEO Amin Nasser said in a statement. SABIC is the world's fourth-biggest petrochemicals company.
Aramco and the Saudi state Public Investment Fund (PIF) amended the payment structure for deal, Aramco said in a bourse filing on Wednesday. Following a seller loan provided by the PIF, Aramco will pay instalments and loan charges until 2028, extending a previous 2025 deadline.
The first USD7 billion payment is due on or before Aug. 2, 2020, with the last instalment, a loan charge of USD1 billion, on or before April 7, 2028. The transaction was funded through promissory notes issued to the PIF at the deal's close on Tuesday, Aramco said. ...
http://www.mrcplast.com/news-news_open-377042.html
.....................................................................................................................................................
Blue Ammonia: Another Major Breakthrough For Hydrogen Power
By Haley Zaremba - Oct 01, 2020, 3:00 PM CDT
Hydrogen burns completely cleanly, leaving behind nothing but water vapor, making it extremely attractive as an emissions-free fossil fuel alternative. While hydrogen receives a lot of lip service as a potential clean energy fuel solution for the global energy transition, the true picture is a bit more complicated. ...
Hydrogen is only as clean as the fuel that was used to create it. In reality, there is not just hydrogen, but green hydrogen, blue hydrogen, and gray hydrogen, the distinguishing feature of each being the kind of energy production that was used to produce it. By another categorization, one could say that there is green hydrogen, and then there is greenwashed hydrogen. Green hydrogen is the cleanest form of hydrogen, and therefore the most promising for a more climate-friendly energy future. It’s made through the exclusive use of renewable and emissions-free energies. Gray hydrogen, the most common form of hydrogen currently used in industrial applications, is made with fossil fuels, ...
https://oilprice.com/Energy/Energy-General/Blue-Ammonia-Anot…
.....................................................................................................................................................
Trump’s Offshore Oil Ban Will Hit Wind Farms Hard
By Alex Kimani - Oct 01, 2020, 6:00 PM CDT
Last month, President Trump shocked the entire oil industry after extending the existing moratorium on oil drilling along Florida’s, Georgia’s and South Carolina’s coasts. The announcement marked a complete 180 from White House’s previous stance that sought to open up those areas to oil drilling and caught many industry officials, congressional aides, and lobbyists, who have been working on the same issue, completely off-guard. It also went contrary to the sentiment of voters in those regions--including the majority of Democrats-- who say they are ‘‘more likely to vote for a candidate who supports access to oil and gas produced in the U.S.’’
Under normal circumstances, Trump’s stance would have been a big win by the clean energy camp and environmentalists who have been opposed to drilling activity in threatened areas. Unfortunately, it turns out that the renewables energy sector will be just as severely impacted by the moratorium.
Trump’s decision to rule out energy development along the East Coast will bar not only offshore oil and gas drilling but coastal wind farm development in equal measure.
The Interior Department agency has confirmed the broad reach of Trump’s latest orders and is likely to significantly impact U.S. wind development, a sector that has lately been recording the fastest growth amidst the Covid-19 pandemic. ...
https://oilprice.com/Energy/Energy-General/Trumps-Offshore-O…
... 💣 ... wann kommt die TESLA ... 💣 ... https://www.anl.gov/article/argonne-and-tae-technologies-he… ...
- Big Pharma Kartell ... COVID 19
- Big Oil Kartell ... 💵 ...
- Big Bank Bang Kartell ... 💰 ...
„Aufregung gerechtfertigt“
Bank of America befeuert Kursfantasien der Wasserstoff-Aktien-Fans
Autor: wallstreet:online Zentralredaktion | 01.10.2020, 13:33 |
Die Bank of America (BofA) hat der grünen Wasserstoff-Branche in einer Studie glänzende Aussichten bescheinigt. Bis 2050 könnten weltweit jährlich vier Billionen US-Dollar durch die grüne Wasserstoff-Industrie und verwandte Wirtschaftszweige umgesetzt werden. Möglich werde dies durch staatlich verordneten Klimaschutz, sinkende Preise bei erneuerbaren Energien sowie technische Errungenschaften bei Brennstoffzellen und Elektrolyseuren.
Haim Israel, Head of Thematic Investing Strategy bei BofA Global Research und Leiter der Studie, glaubt, ...
- Vollständiger Artikel unter: https://www.wallstreet-online.de/nachricht/12987160-aufregun…
.....................................................................................................................................................
https://operationdisclosure1.blogspot.com/2020/10/benjamin-f…
Eine weitere ist, dass die lang erwartete Wasserstoff-Revolution anscheinend endlich beginnt. Wasserstoffbetriebene Autos sind eine viel bessere Technologie als benzinbetriebene, denn das einzige Abgas, das sie ausstoßen, ist Wasserdampf. Ebenso können sie, anders als elektrische Autos, schnell betankt werden und haben eine weit größere Reichweite mit einer Tankfüllung. ...
---
Saudi Arabia Sends Blue Ammonia to Japan in World-First Shipment
Verity Ratcliffe
Sun, September 27, 2020, 1:11 PM GMT+2
(Bloomberg) -- The world’s first shipment of blue ammonia is on its way from Saudi Arabia to Japan, where it will be used in power stations to produce electricity without carbon emissions.
Saudi Aramco, which made the announcement Sunday, ...
https://finance.yahoo.com/news/saudi-arabia-sends-blue-ammon…
..........................................................................
Aramco, Sabic hit blue ammonia milestone for zero carbon project in Japan
September 30/2020
MOSCOW (MRC) -- Saudi Aramco has completed its purchase of a 70 per cent stake in petrochemicals company Saudi Basic Industries for USD69.1 billion and extended the payment period by three years to 2028, providing a cushion against weak oil prices, said Chemweek.
The deal values Saudi Basic Industries Corp (SABIC) at 123.39 riyals (USD32.90) per share, 27.5 per cent above the company's share price of 89.40 riyals, as the coronavirus outbreak has hurt demand for petrochemicals products and dented SABIC's shares.
"It is a significant leap forward, which accelerates Aramco's downstream strategy and transforms our company into one of the major global petrochemicals players," Aramco CEO Amin Nasser said in a statement. SABIC is the world's fourth-biggest petrochemicals company.
Aramco and the Saudi state Public Investment Fund (PIF) amended the payment structure for deal, Aramco said in a bourse filing on Wednesday. Following a seller loan provided by the PIF, Aramco will pay instalments and loan charges until 2028, extending a previous 2025 deadline.
The first USD7 billion payment is due on or before Aug. 2, 2020, with the last instalment, a loan charge of USD1 billion, on or before April 7, 2028. The transaction was funded through promissory notes issued to the PIF at the deal's close on Tuesday, Aramco said. ...
http://www.mrcplast.com/news-news_open-377042.html
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Blue Ammonia: Another Major Breakthrough For Hydrogen Power
By Haley Zaremba - Oct 01, 2020, 3:00 PM CDT
Hydrogen burns completely cleanly, leaving behind nothing but water vapor, making it extremely attractive as an emissions-free fossil fuel alternative. While hydrogen receives a lot of lip service as a potential clean energy fuel solution for the global energy transition, the true picture is a bit more complicated. ...
Hydrogen is only as clean as the fuel that was used to create it. In reality, there is not just hydrogen, but green hydrogen, blue hydrogen, and gray hydrogen, the distinguishing feature of each being the kind of energy production that was used to produce it. By another categorization, one could say that there is green hydrogen, and then there is greenwashed hydrogen. Green hydrogen is the cleanest form of hydrogen, and therefore the most promising for a more climate-friendly energy future. It’s made through the exclusive use of renewable and emissions-free energies. Gray hydrogen, the most common form of hydrogen currently used in industrial applications, is made with fossil fuels, ...
https://oilprice.com/Energy/Energy-General/Blue-Ammonia-Anot…
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Trump’s Offshore Oil Ban Will Hit Wind Farms Hard
By Alex Kimani - Oct 01, 2020, 6:00 PM CDT
Last month, President Trump shocked the entire oil industry after extending the existing moratorium on oil drilling along Florida’s, Georgia’s and South Carolina’s coasts. The announcement marked a complete 180 from White House’s previous stance that sought to open up those areas to oil drilling and caught many industry officials, congressional aides, and lobbyists, who have been working on the same issue, completely off-guard. It also went contrary to the sentiment of voters in those regions--including the majority of Democrats-- who say they are ‘‘more likely to vote for a candidate who supports access to oil and gas produced in the U.S.’’
Under normal circumstances, Trump’s stance would have been a big win by the clean energy camp and environmentalists who have been opposed to drilling activity in threatened areas. Unfortunately, it turns out that the renewables energy sector will be just as severely impacted by the moratorium.
Trump’s decision to rule out energy development along the East Coast will bar not only offshore oil and gas drilling but coastal wind farm development in equal measure.
The Interior Department agency has confirmed the broad reach of Trump’s latest orders and is likely to significantly impact U.S. wind development, a sector that has lately been recording the fastest growth amidst the Covid-19 pandemic. ...
https://oilprice.com/Energy/Energy-General/Trumps-Offshore-O…
... 💣 ... wann kommt die TESLA ... 💣 ... https://www.anl.gov/article/argonne-and-tae-technologies-he… ...
Oil Prices Fall As Concerns About Second Wave Weigh On Markets ... RED WAVE is coming ... 🌊🌪🌩💥 ...
By Tsvetana Paraskova - Oct 16, 2020, 10:00 AM CDT
Oil prices slid early on Friday and were on track for a flat weekly performance, as new coronavirus cases in Europe and the United States continued to spike, alarming the market that the oil demand recovery will be derailed.
As of 10:25 a.m. EDT on Friday, WTI Crude prices were trading down 1.10 percent on the day, at $40.49. Brent Crude was down 1.14 percent at $42.66. A stronger U.S. dollar, which makes buying oil more expensive for holders of other currencies, also weighed on oil prices on Friday.
This week, ...
https://oilprice.com/Energy/Energy-General/Oil-Prices-Fall-A…
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... 💣 ... spielen wir blinde 🐄 ... oder verstecken ... Hauptsache es gibt Kohle ...💵💴💶💷 .... ähhh, einen höheren Ölpreis ... 📈 ... MIC ...
ISIS Calls On Followers To Attack Westerners & Oil Pipelines Inside Saudi Arabia
by Tyler Durden
Mon, 10/19/2020 - 19:20
Though the so-called Islamic State Caliphate was at its height in 2014 and 2015, the terror group has been driven underground since it lost 95% of its territory in Iraq and Syria by December 2017. And in October 2019 the US military said it killed ISIS leader Abu Bakr al-Baghdadi on the outskirts of Idlib province in Syria.
Effectively defeated, it's believed that ISIS has since organized itself into a network of terror cells in Iraq and Syria. This has been used as a prime justification for the Pentagon keeping some 500 to possibly 2,000 American troops in Syria, alongside Trump's 'secure the oil' campaign in Deir Ezzor.
But now Reuters reports ISIS has issued a rare new message urging supporters to attack westerners and oil pipelines inside Saudi Arabia. ...
https://www.zerohedge.com/geopolitical/isis-calls-followers-…
https://oilprice.com/Energy/Energy-General/ISIS-Calls-For-At…
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Iran To Import North Korean missiles In 25-Year Military Deal With China
By Simon Watkins - Oct 19, 2020, 5:00 PM CDT
Following the end on the 18th of October of the 13-year United Nations’ embargo on Iran buying or selling weapons, the roll-out of the military component of the 25-year deal between China and Iran will begin in November, as exclusively revealed by Oil Price.com. After a series of meetings in China on the 9th and 10th of October between Iran’s Foreign Minister, Mohammad Zarif, and his China counterpart, Wang Yi, this military component may now also feature the deployment in Iran of North Korean weaponry and technology, in exchange for oil, according to sources very close to the Iranian government spoken to by OilPrice.com last week. Most notably this would include Hwasong-12 mobile ballistic missiles, with a range of 4,500 kilometres, and the development of liquid propellant rocket engines suitable for intercontinental ballistic missiles (ICBMs) or satellite launch vehicles (SLVs). This will all be part of a broader triangular relationship co-ordinated by Beijing and further facilitated by the imminent launch of a new digitised currency system by China.
This sort of co-ordination – ...
https://oilprice.com/Energy/Energy-General/Iran-To-Import-No…
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OPEC+ Is On The Brink Of A Crisis
By Cyril Widdershoven - Oct 19, 2020, 7:00 PM CDT
The OPEC+ member countries are on the brink of a financial crisis if the latest assessments of the International Monetary Fund (IMF) are accurate. The IMF has presented a very bleak outlook for an economic recovery in the Middle East and Central Asia, predicting a 4.1% contraction for the region. The main driving factor behind this bearish outlook is the IMF’s forecast that oil prices will remain in the $40 to $50 range in 2021. An extension of the current low oil price environment for another year would badly hurt oil and gas exporting countries, which includes all of the OPEC+ members. In its statement, the IMF predicted an economic contraction of 2.8% in April for the Middle East and Central Asia. IMF director Jihad Azour highlighted a large disparity in the projected economic loss of oil-importing and exporting countries, forecasting a negative 6.6% growth for oil-exporting countries, compared to a contraction of 1.3% for oil-importing countries. With many of the OPEC+ members being rentier-states, the need for higher oil prices cannot be overstated. A vast part of the government budgets of OPEC member states depends on oil and gas-related revenues. As such, all OPEC countries are looking at significant budget deficits this year, especially Saudi Arabia, the UAE, Bahrain, Iraq, Iran, and Kuwait. Former OPEC member Qatar is in a similar situation, even as it tries to mitigate the damage by increasing its LNG exports. As both oil and gas demand has seen significant demand destruction this year, prices for both have plunged. At present, Brent oil prices are still 40% below their pre-COVID levels. There is little hope of a significant rise in prices any time soon as global oil and gas storage volumes are still at historically high levels, and demand looks set to dip again due to new COVID-related lockdowns and a further economic recession. The frequently cited breakeven price for the Saudi government budget is $80 per barrel, although Saudi government budget discussions seem to revolve around an oil price of $50. Iraq has also stated that it expects price levels of $50 per barrel for 2021. These optimistic predictions seem to be based solely on Chinese post-Covid economic figures, ...
https://oilprice.com/Energy/Energy-General/OPEC-Is-On-The-Br…
... IMF - MAFIA ...
IMF Sees Oil Prices At $40-50 Next Year
By Tsvetana Paraskova - Oct 19, 2020, 11:00 AM CDT
Oil prices are not expected to rise much next year, and will stay in the $40-50 a barrel range, putting additional pressure on the oil exporters in the Middle East, the International Monetary Fund (IMF) said on Monday in its update on the Regional Economic Outlook for the Middle East and Central Asia.
Gross domestic product in the region is set to drop by 4.1 percent this year, a downward revision of 1.3 percentage points compared with IMF’s forecast in April 2020. The economies in the oil exporters in the Middle East and North Africa are expected to suffer more and shrink by 6.6 percent this year, according to the IMF. ...
https://oilprice.com/Energy/Crude-Oil/IMF-Sees-Oil-Prices-At…
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OPEC Meeting Ends Without Firm Decision On Output Cuts ... ☎ ... 📞... Calls ... 💣 ...
By Julianne Geiger - Oct 19, 2020, 5:00 PM CDT
OPEC said on Monday that it would not shirk its responsibilities to the market as fears about the next Covid-19 wave push down prices.
Oil prices sank on Monday over disappointing economic data out of China, fears of this resurgence of coronavirus cases, additional lockdown measures in Europe, and the looming threat that OPEC could turn on the taps in January as originally planned.
But sources inside member countries, according to Reuters, said that this planned output increase could be reversed should the need arise.
To assuage the fears present in the market, ...
https://oilprice.com/Latest-Energy-News/World-News/OPEC-Meet…
By Tsvetana Paraskova - Oct 16, 2020, 10:00 AM CDT
Oil prices slid early on Friday and were on track for a flat weekly performance, as new coronavirus cases in Europe and the United States continued to spike, alarming the market that the oil demand recovery will be derailed.
As of 10:25 a.m. EDT on Friday, WTI Crude prices were trading down 1.10 percent on the day, at $40.49. Brent Crude was down 1.14 percent at $42.66. A stronger U.S. dollar, which makes buying oil more expensive for holders of other currencies, also weighed on oil prices on Friday.
This week, ...
https://oilprice.com/Energy/Energy-General/Oil-Prices-Fall-A…
.........................................................................................................................................................
... 💣 ... spielen wir blinde 🐄 ... oder verstecken ... Hauptsache es gibt Kohle ...💵💴💶💷 .... ähhh, einen höheren Ölpreis ... 📈 ... MIC ...
ISIS Calls On Followers To Attack Westerners & Oil Pipelines Inside Saudi Arabia
by Tyler Durden
Mon, 10/19/2020 - 19:20
Though the so-called Islamic State Caliphate was at its height in 2014 and 2015, the terror group has been driven underground since it lost 95% of its territory in Iraq and Syria by December 2017. And in October 2019 the US military said it killed ISIS leader Abu Bakr al-Baghdadi on the outskirts of Idlib province in Syria.
Effectively defeated, it's believed that ISIS has since organized itself into a network of terror cells in Iraq and Syria. This has been used as a prime justification for the Pentagon keeping some 500 to possibly 2,000 American troops in Syria, alongside Trump's 'secure the oil' campaign in Deir Ezzor.
But now Reuters reports ISIS has issued a rare new message urging supporters to attack westerners and oil pipelines inside Saudi Arabia. ...
https://www.zerohedge.com/geopolitical/isis-calls-followers-…
https://oilprice.com/Energy/Energy-General/ISIS-Calls-For-At…
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Iran To Import North Korean missiles In 25-Year Military Deal With China
By Simon Watkins - Oct 19, 2020, 5:00 PM CDT
Following the end on the 18th of October of the 13-year United Nations’ embargo on Iran buying or selling weapons, the roll-out of the military component of the 25-year deal between China and Iran will begin in November, as exclusively revealed by Oil Price.com. After a series of meetings in China on the 9th and 10th of October between Iran’s Foreign Minister, Mohammad Zarif, and his China counterpart, Wang Yi, this military component may now also feature the deployment in Iran of North Korean weaponry and technology, in exchange for oil, according to sources very close to the Iranian government spoken to by OilPrice.com last week. Most notably this would include Hwasong-12 mobile ballistic missiles, with a range of 4,500 kilometres, and the development of liquid propellant rocket engines suitable for intercontinental ballistic missiles (ICBMs) or satellite launch vehicles (SLVs). This will all be part of a broader triangular relationship co-ordinated by Beijing and further facilitated by the imminent launch of a new digitised currency system by China.
This sort of co-ordination – ...
https://oilprice.com/Energy/Energy-General/Iran-To-Import-No…
.........................................................................................................................................................
OPEC+ Is On The Brink Of A Crisis
By Cyril Widdershoven - Oct 19, 2020, 7:00 PM CDT
The OPEC+ member countries are on the brink of a financial crisis if the latest assessments of the International Monetary Fund (IMF) are accurate. The IMF has presented a very bleak outlook for an economic recovery in the Middle East and Central Asia, predicting a 4.1% contraction for the region. The main driving factor behind this bearish outlook is the IMF’s forecast that oil prices will remain in the $40 to $50 range in 2021. An extension of the current low oil price environment for another year would badly hurt oil and gas exporting countries, which includes all of the OPEC+ members. In its statement, the IMF predicted an economic contraction of 2.8% in April for the Middle East and Central Asia. IMF director Jihad Azour highlighted a large disparity in the projected economic loss of oil-importing and exporting countries, forecasting a negative 6.6% growth for oil-exporting countries, compared to a contraction of 1.3% for oil-importing countries. With many of the OPEC+ members being rentier-states, the need for higher oil prices cannot be overstated. A vast part of the government budgets of OPEC member states depends on oil and gas-related revenues. As such, all OPEC countries are looking at significant budget deficits this year, especially Saudi Arabia, the UAE, Bahrain, Iraq, Iran, and Kuwait. Former OPEC member Qatar is in a similar situation, even as it tries to mitigate the damage by increasing its LNG exports. As both oil and gas demand has seen significant demand destruction this year, prices for both have plunged. At present, Brent oil prices are still 40% below their pre-COVID levels. There is little hope of a significant rise in prices any time soon as global oil and gas storage volumes are still at historically high levels, and demand looks set to dip again due to new COVID-related lockdowns and a further economic recession. The frequently cited breakeven price for the Saudi government budget is $80 per barrel, although Saudi government budget discussions seem to revolve around an oil price of $50. Iraq has also stated that it expects price levels of $50 per barrel for 2021. These optimistic predictions seem to be based solely on Chinese post-Covid economic figures, ...
https://oilprice.com/Energy/Energy-General/OPEC-Is-On-The-Br…
... IMF - MAFIA ...
IMF Sees Oil Prices At $40-50 Next Year
By Tsvetana Paraskova - Oct 19, 2020, 11:00 AM CDT
Oil prices are not expected to rise much next year, and will stay in the $40-50 a barrel range, putting additional pressure on the oil exporters in the Middle East, the International Monetary Fund (IMF) said on Monday in its update on the Regional Economic Outlook for the Middle East and Central Asia.
Gross domestic product in the region is set to drop by 4.1 percent this year, a downward revision of 1.3 percentage points compared with IMF’s forecast in April 2020. The economies in the oil exporters in the Middle East and North Africa are expected to suffer more and shrink by 6.6 percent this year, according to the IMF. ...
https://oilprice.com/Energy/Crude-Oil/IMF-Sees-Oil-Prices-At…
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OPEC Meeting Ends Without Firm Decision On Output Cuts ... ☎ ... 📞... Calls ... 💣 ...
By Julianne Geiger - Oct 19, 2020, 5:00 PM CDT
OPEC said on Monday that it would not shirk its responsibilities to the market as fears about the next Covid-19 wave push down prices.
Oil prices sank on Monday over disappointing economic data out of China, fears of this resurgence of coronavirus cases, additional lockdown measures in Europe, and the looming threat that OPEC could turn on the taps in January as originally planned.
But sources inside member countries, according to Reuters, said that this planned output increase could be reversed should the need arise.
To assuage the fears present in the market, ...
https://oilprice.com/Latest-Energy-News/World-News/OPEC-Meet…
Antwort auf Beitrag Nr.: 65.439.165 von teecee1 am 20.10.20 11:44:10Why Crude-Tanker Collapse Could Be Long And Painful
by Tyler Durden
Thu, 10/22/2020 - 20:20
By Greg Miller of FreightWaves
Chinese water torture is defined as “a painful process in which cold water is slowly dripped onto the scalp, forehead or face for a prolonged period of time, allegedly making the restrained victim insane.” Crude-tanker owners and investors may face their own version of this ancient torment. Today’s agonizingly low rates could be just the beginning.
The massive floating storage volumes that built up earlier this year are unloading. But very, very slowly. In aggregate, they’re dripping out. Meanwhile, oil demand is growing, but again, very slowly. Incremental oil demand is a trickle, not a flood.
First the party, now the hangover
Crude tankers filled up with storage cargoes in April-June after Saudi Arabia opened its spigots despite COVID-weakened demand. Tanker rates hit historic highs of over $250,000 per day but did so by pulling forward demand via storage deals and borrowing from the future.
The best hope for tanker markets was that storage would unwind quickly as global consumption rebounded. This was the so-called “short hangover” or “rip off the Band-Aid” scenario. It would depress rates in the near term as storage tankers unloaded and swiftly reentered the spot-market scrum. But it would hasten a return to normalcy.
Alas, new data provided to FreightWaves by intelligence company Kpler confirms that the Band-Aid is not being ripped off. It also implies that barring a major geopolitical event to supercharge spot rates, ...
https://www.zerohedge.com/economics/why-crude-tanker-collaps…
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Russian Destroyers Are Escorting Iranian Tankers In Mediterranean Amid US-UK Threats
by Tyler Durden
Fri, 10/23/2020 - 04:15
The United States Naval Institute has highlighted in a new report that Iranian fuel tankers are being escorted by Russia's military in the Mediterranean in order to prevent a high seas intercept or detention by American or allied vessels, as happened in 2019 with the Grace-1 off Gibraltar which involved seizure by elite British forces.
Citing satellite imagery, the US Naval Institute's official news page details that "Last week, the Iranian-flagged oil tanker Samah entered the Mediterranean Sea via the Suez Canal." The imagery shows that:
"After a few miles, the 900-foot-long ship stopped reporting its position and destination. Evidence suggests the ship sailed to Syria, escorted by two Russian Navy ships, including a destroyer."
https://www.zerohedge.com/geopolitical/russias-military-esco…
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Oil Production Cuts Could Be Extended: Putin
by Tyler Durden
Fri, 10/23/2020 - 03:30
Submitted by OilPrice.com
Russia does not rule out the possibility that OPEC+ could extend its current 7.7 million barrels per day of production cuts into next year, according to Russian President Vladimir Putin.
The comments could be merely jawboning to a market that is desperately seeking reassurances that oil production will not ramp up too quickly beyond demand. But Russia has in the past been reluctant to keep up its end of the oil production cuts, so any mention that it is even thinking about a slower tapering of the cuts is noteworthy.
In fact, Russia had failed to bring its own oil production down to the level it agreed to for most of the period of cuts in 2019 and early 2020.
Russia also was the spark that ignited the oil price war between it and Saudi Arabia-and by default the United States, when it refused to agree to additional cuts using the argument that as OPEC decreases its production, it opens the door for U.S. producers to increase theirs.
Vladimir Putin has had several discussions with Saudi Arabia and the United States on the state of the oil markets. “We believe there is no need to change anything in our agreements,” Putin said. “We will watch how the market is recovery. The consumption is on the rise.”
Putin added, ...
https://www.zerohedge.com/markets/oil-production-cuts-could-…
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Iraq’s Kurdistan Region Says It Is Committed To OPEC+ Cuts
By Charles Kennedy - Oct 22, 2020, 12:30 PM CDT
The semi-autonomous Kurdistan region in Iraq has agreed to reduce the region’s crude oil production as part of the ongoing OPEC+ agreement, the Kurdistan Regional Government (KRG) said on Thursday.
The statement came after Iraq’s Oil Minister Ihsan Abdul Jabbar said earlier this week at an online petroleum conference that “the Kurdistan Region has not been contributing to OPEC+ cuts.”
Iraq, the least compliant member of the OPEC+ production cut pact, has promised for months to reduce its oil production and fall in line with its quota—something it hasn’t done since 2017.
In recent months, ...
https://oilprice.com/Latest-Energy-News/World-News/Iraqs-Kur…
by Tyler Durden
Thu, 10/22/2020 - 20:20
By Greg Miller of FreightWaves
Chinese water torture is defined as “a painful process in which cold water is slowly dripped onto the scalp, forehead or face for a prolonged period of time, allegedly making the restrained victim insane.” Crude-tanker owners and investors may face their own version of this ancient torment. Today’s agonizingly low rates could be just the beginning.
The massive floating storage volumes that built up earlier this year are unloading. But very, very slowly. In aggregate, they’re dripping out. Meanwhile, oil demand is growing, but again, very slowly. Incremental oil demand is a trickle, not a flood.
First the party, now the hangover
Crude tankers filled up with storage cargoes in April-June after Saudi Arabia opened its spigots despite COVID-weakened demand. Tanker rates hit historic highs of over $250,000 per day but did so by pulling forward demand via storage deals and borrowing from the future.
The best hope for tanker markets was that storage would unwind quickly as global consumption rebounded. This was the so-called “short hangover” or “rip off the Band-Aid” scenario. It would depress rates in the near term as storage tankers unloaded and swiftly reentered the spot-market scrum. But it would hasten a return to normalcy.
Alas, new data provided to FreightWaves by intelligence company Kpler confirms that the Band-Aid is not being ripped off. It also implies that barring a major geopolitical event to supercharge spot rates, ...
https://www.zerohedge.com/economics/why-crude-tanker-collaps…
..........................................................................................................................................................
Russian Destroyers Are Escorting Iranian Tankers In Mediterranean Amid US-UK Threats
by Tyler Durden
Fri, 10/23/2020 - 04:15
The United States Naval Institute has highlighted in a new report that Iranian fuel tankers are being escorted by Russia's military in the Mediterranean in order to prevent a high seas intercept or detention by American or allied vessels, as happened in 2019 with the Grace-1 off Gibraltar which involved seizure by elite British forces.
Citing satellite imagery, the US Naval Institute's official news page details that "Last week, the Iranian-flagged oil tanker Samah entered the Mediterranean Sea via the Suez Canal." The imagery shows that:
"After a few miles, the 900-foot-long ship stopped reporting its position and destination. Evidence suggests the ship sailed to Syria, escorted by two Russian Navy ships, including a destroyer."
https://www.zerohedge.com/geopolitical/russias-military-esco…
..........................................................................................................................................................
Oil Production Cuts Could Be Extended: Putin
by Tyler Durden
Fri, 10/23/2020 - 03:30
Submitted by OilPrice.com
Russia does not rule out the possibility that OPEC+ could extend its current 7.7 million barrels per day of production cuts into next year, according to Russian President Vladimir Putin.
The comments could be merely jawboning to a market that is desperately seeking reassurances that oil production will not ramp up too quickly beyond demand. But Russia has in the past been reluctant to keep up its end of the oil production cuts, so any mention that it is even thinking about a slower tapering of the cuts is noteworthy.
In fact, Russia had failed to bring its own oil production down to the level it agreed to for most of the period of cuts in 2019 and early 2020.
Russia also was the spark that ignited the oil price war between it and Saudi Arabia-and by default the United States, when it refused to agree to additional cuts using the argument that as OPEC decreases its production, it opens the door for U.S. producers to increase theirs.
Vladimir Putin has had several discussions with Saudi Arabia and the United States on the state of the oil markets. “We believe there is no need to change anything in our agreements,” Putin said. “We will watch how the market is recovery. The consumption is on the rise.”
Putin added, ...
https://www.zerohedge.com/markets/oil-production-cuts-could-…
..........................................................................................................................................................
Iraq’s Kurdistan Region Says It Is Committed To OPEC+ Cuts
By Charles Kennedy - Oct 22, 2020, 12:30 PM CDT
The semi-autonomous Kurdistan region in Iraq has agreed to reduce the region’s crude oil production as part of the ongoing OPEC+ agreement, the Kurdistan Regional Government (KRG) said on Thursday.
The statement came after Iraq’s Oil Minister Ihsan Abdul Jabbar said earlier this week at an online petroleum conference that “the Kurdistan Region has not been contributing to OPEC+ cuts.”
Iraq, the least compliant member of the OPEC+ production cut pact, has promised for months to reduce its oil production and fall in line with its quota—something it hasn’t done since 2017.
In recent months, ...
https://oilprice.com/Latest-Energy-News/World-News/Iraqs-Kur…
Antwort auf Beitrag Nr.: 65.476.392 von teecee1 am 23.10.20 13:10:22Market As Factions Sign Ceasefire
By Tsvetana Paraskova - Oct 23, 2020, 4:30 PM CDT
Warring factions in Libya signed a countrywide ceasefire on Friday brokered by the United Nations. The ceasefire is poised to lead to more Libyan oil supply to the market at a time when demand is weak, and OPEC+ prepares to ease production cuts as of January.
The UN-led mediation by the 5+5 Joint Military Commission, representing the UN-recognized Government in Tripoli and the self-styled Libyan National Army (LNA) of General Khalifa Haftar, agreed to a ceasefire, which UN Acting Special Representative, Stephanie Williams, said could help secure “a better, safer, and more peaceful future for all the Libyan people.” ...
https://oilprice.com/Latest-Energy-News/World-News/More-Liby…
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Saudi Arabia Is Suffering The Consequences Of Its Failed Oil Price War
by Tyler Durden
Fri, 10/23/2020 - 19:20
Authored by Simon Watkins via OilPrice.com,
Nine months on from Saudi Arabia’s second major oil price war in the last five years, more negative consequences are manifesting themselves. Aside from the irrevocably damaged core relationship with the U.S., the permanent distrust of international investors, and the further alienation of many of its fellow OPEC members, Saudi Arabia is now beginning to discover the true depth and breadth of damage that it has done to its own economy, which will endure for many years to come.
Figures released at the end of September show that Saudi Arabia’s economy contracted 7 per cent year-on-year (y-o-y) in the second quarter of 2020, with the Kingdom’s private sector showing a negative growth rate of 10.1 per cent, while the public sector recorded negative growth of 3.5 per cent. Saudi’s oil revenue in the first half of the year was 35 per cent lower than a year earlier, while non-oil revenue fell by 37 per cent. Moreover, in the second quarter of 2020 alone, the Kingdom’s petroleum refining activities recorded a 14 per cent y-o-y drop. All of this resulted in a current account deficit of SAR67.4 billion (US$18 billion), or 12 per cent of GDP, in Q220 compared with a surplus of SAR42.9 billion, or 5.8 per cent of GDP, a year earlier, according to Saudi Arabia’s General Authority for ...
https://www.zerohedge.com/geopolitical/saudi-arabia-sufferin…
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The U.S. Has A Major EV Problem
By Tsvetana Paraskova - Oct 24, 2020, 4:00 PM CDT
Even a battery with a million-mile lifespan can’t overcome one of the key hurdles to mass adoption of electric vehicles (EVs) in the United States and elsewhere—the insufficient public charging infrastructure. The EV revolution is not only about car performance, choice availability, or price parity with internal combustion engine (ICE) vehicles. It also hinges on easy access to charging infrastructure to allay customer fears that they could be left stranded without battery power and without a charging point nearby.
EV infrastructure in the United States is expanding, but it needs a lot more expansion and investments to be ready for EVs to increase their market share.
Even California, the leader in EV sales and Tesla’s largest U.S. market, has recognized that it needs to fill the gap in charging infrastructure if it is to meet California Governor Gavin Newsom’s target of phasing out the sale of new gasoline-fueled passenger vehicles by 2035.
Earlier this month, the California Energy Commission (CEC) approved a US$384 million plan to accelerate zero-emission transportation, including by allocating US$132.9 million for light-duty EV charging infrastructure and another US$129.8 million for medium- and heavy-duty EVs and infrastructure.
In August, California state officials gave Southern California Edison the green light for a US$436-million EV charging infrastructure program that will add about 38,000 new chargers throughout the utility’s 50,000-square-mile service area, which will be the nation’s largest EV charging program run by an investor-owned utility.
Who Should Operate Charging Points?
California is the leader when it comes to plans to authorize utilities to invest in EV charging infrastructure. More than half of the total US$2.6 billion approved by regulators in 24 states came from California as of September, The Wall Street Journal reported, ...
https://oilprice.com/Energy/Energy-General/The-US-Has-A-Majo…
... ... jeder macht was er will ... mit öffentlichen Geldern ... ähhh, vom Steuerzahler ... Ladestation auf dem Mars von E. Musk ...
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Oct 23, 2020
PG&E Warns of Power Cuts to 466,000 Customers To Prevent Fires
Mark Chediak and Brian K. Sullivan, Bloomberg News
(Bloomberg) -- California’s largest utility, PG&E Corp., is warning it may cut power to 466,000 homes and businesses to prevent falling wires from igniting dry brush as the most powerful gusts of the 2020 fire season buffet the state. ...
https://www.bnnbloomberg.ca/pg-e-warns-of-power-cuts-to-466-…
https://www.zerohedge.com/commodities/pge-may-cut-power-near…
---
https://www.zerohedge.com/commodities/california-begins-cutt…
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... ... False Flag ... vor der US Wahl ... Wahlbeeinflussung: Briefwahl ... Notversorgung mit Lebensmittel etc. ...
By Tsvetana Paraskova - Oct 23, 2020, 4:30 PM CDT
Warring factions in Libya signed a countrywide ceasefire on Friday brokered by the United Nations. The ceasefire is poised to lead to more Libyan oil supply to the market at a time when demand is weak, and OPEC+ prepares to ease production cuts as of January.
The UN-led mediation by the 5+5 Joint Military Commission, representing the UN-recognized Government in Tripoli and the self-styled Libyan National Army (LNA) of General Khalifa Haftar, agreed to a ceasefire, which UN Acting Special Representative, Stephanie Williams, said could help secure “a better, safer, and more peaceful future for all the Libyan people.” ...
https://oilprice.com/Latest-Energy-News/World-News/More-Liby…
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Saudi Arabia Is Suffering The Consequences Of Its Failed Oil Price War
by Tyler Durden
Fri, 10/23/2020 - 19:20
Authored by Simon Watkins via OilPrice.com,
Nine months on from Saudi Arabia’s second major oil price war in the last five years, more negative consequences are manifesting themselves. Aside from the irrevocably damaged core relationship with the U.S., the permanent distrust of international investors, and the further alienation of many of its fellow OPEC members, Saudi Arabia is now beginning to discover the true depth and breadth of damage that it has done to its own economy, which will endure for many years to come.
Figures released at the end of September show that Saudi Arabia’s economy contracted 7 per cent year-on-year (y-o-y) in the second quarter of 2020, with the Kingdom’s private sector showing a negative growth rate of 10.1 per cent, while the public sector recorded negative growth of 3.5 per cent. Saudi’s oil revenue in the first half of the year was 35 per cent lower than a year earlier, while non-oil revenue fell by 37 per cent. Moreover, in the second quarter of 2020 alone, the Kingdom’s petroleum refining activities recorded a 14 per cent y-o-y drop. All of this resulted in a current account deficit of SAR67.4 billion (US$18 billion), or 12 per cent of GDP, in Q220 compared with a surplus of SAR42.9 billion, or 5.8 per cent of GDP, a year earlier, according to Saudi Arabia’s General Authority for ...
https://www.zerohedge.com/geopolitical/saudi-arabia-sufferin…
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The U.S. Has A Major EV Problem
By Tsvetana Paraskova - Oct 24, 2020, 4:00 PM CDT
Even a battery with a million-mile lifespan can’t overcome one of the key hurdles to mass adoption of electric vehicles (EVs) in the United States and elsewhere—the insufficient public charging infrastructure. The EV revolution is not only about car performance, choice availability, or price parity with internal combustion engine (ICE) vehicles. It also hinges on easy access to charging infrastructure to allay customer fears that they could be left stranded without battery power and without a charging point nearby.
EV infrastructure in the United States is expanding, but it needs a lot more expansion and investments to be ready for EVs to increase their market share.
Even California, the leader in EV sales and Tesla’s largest U.S. market, has recognized that it needs to fill the gap in charging infrastructure if it is to meet California Governor Gavin Newsom’s target of phasing out the sale of new gasoline-fueled passenger vehicles by 2035.
Earlier this month, the California Energy Commission (CEC) approved a US$384 million plan to accelerate zero-emission transportation, including by allocating US$132.9 million for light-duty EV charging infrastructure and another US$129.8 million for medium- and heavy-duty EVs and infrastructure.
In August, California state officials gave Southern California Edison the green light for a US$436-million EV charging infrastructure program that will add about 38,000 new chargers throughout the utility’s 50,000-square-mile service area, which will be the nation’s largest EV charging program run by an investor-owned utility.
Who Should Operate Charging Points?
California is the leader when it comes to plans to authorize utilities to invest in EV charging infrastructure. More than half of the total US$2.6 billion approved by regulators in 24 states came from California as of September, The Wall Street Journal reported, ...
https://oilprice.com/Energy/Energy-General/The-US-Has-A-Majo…
...
... jeder macht was er will ... mit öffentlichen Geldern ... ähhh, vom Steuerzahler ... Ladestation auf dem Mars von E. Musk .............................................................................................................................................................
Oct 23, 2020
PG&E Warns of Power Cuts to 466,000 Customers To Prevent Fires
Mark Chediak and Brian K. Sullivan, Bloomberg News
(Bloomberg) -- California’s largest utility, PG&E Corp., is warning it may cut power to 466,000 homes and businesses to prevent falling wires from igniting dry brush as the most powerful gusts of the 2020 fire season buffet the state. ...
https://www.bnnbloomberg.ca/pg-e-warns-of-power-cuts-to-466-…
https://www.zerohedge.com/commodities/pge-may-cut-power-near…
---
https://www.zerohedge.com/commodities/california-begins-cutt…
-----
...
... False Flag ... vor der US Wahl ... Wahlbeeinflussung: Briefwahl ... Notversorgung mit Lebensmittel etc. ...
Antwort auf Beitrag Nr.: 65.493.679 von teecee1 am 26.10.20 09:28:55Donald Trump Signs Order to Protect Fracking Industry
by Joshua Caplan 31 Oct 2020
President Donald Trump on Saturday announced the signing of an executive order to protect both the fracking and oil and gas industries following former Vice President Joe Biden’s pledge to “transition from the oil industry.”
https://twitter.com/EricTrump/status/1322554089297842176
https://oilprice.com/Energy/Crude-Oil/How-The-Oil-Industry-F…
“Just signed an order to protect fracking and the oil and gas industry,” the president wrote on Twitter. “This means JOBS, low energy bills, and continued AMERICAN ENERGY INDEPENDENCE! Sleepy Joe would BAN fracking and destroy American energy jobs! He has NO clue!!” ...
https://www.breitbart.com/politics/2020/10/31/donald-trump-s…
..........................................................................................................................................................
... 🧠 ... alles tantzt nach unseren Nasen ... 🐷 ... 💵💴💶💷 ... 💰 ...
Blackrock, Bezos And Musk Charging Ahead in this $30 Trillion Mega-Trend
By Nick Freeman - Oct 28, 2020, 4:01 PM CDT
A massive $250 billion has poured into ESG index funds since August, making ESG an investing megatrend that’s soared over 733% in just two years and has had over $30 trillion invested globally.
This is Big Capital’s new safe haven and some of the largest names in finance and tech from Goldman Sachs, to Elon Musk and Jeff Bezos are investing heavily.
ESG is considered a less risky and increasingly lucrative corner of Wall Street.
The multi-trillion-dollar reality is that tech and ESG are now inextricably linked.
And they are massively outperforming the market.
The holy grail of this new trend, therefore, should be a solid ESG platform combined with an impressive tech ecosystem.
And now, ..
https://oilprice.com/Energy/Energy-General/Blackrock-Bezos-A…
https://www.italo-cinema.de/sonstiges/cinema-mondiale/item/a…
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Kurdistan Halts All Oil Exports After Attack
By Charles Kennedy - Oct 30, 2020, 4:30 PM CDT
The Kurdistan Region Government in Iraq declared a halt to all oil exports on Friday after experiencing an attack on a crude oil pipeline earlier in the week.
The pipeline suffered an attack on Wednesday, disrupting the flow of crude.
The KRG-controlled area of Iraq manages oil exports through the pipeline to the Ceyhan port in Turkey.
The market is carefully watching Iraq’s crude oil production and exports, as the most non-compliant member of the OPEC+ production cut agreement for nearly the entire duration of that agreement. Rumors surfaced earlier this week that Iraq may not be on board with extending the current production quotas beyond January 2021, after Saudi Arabia and Russia hinted that the oil market may not support the scheduled relaxing of cuts then as planned.
Iraq quickly dispelled the notion, however, that it would not be behind
extending the cuts, stressing that the nation would stand behind whatever OPEC+ unanimously agreed upon.
Iraq has been in a difficult place with its quota under the OPEC+ agreement, ...
https://oilprice.com/Latest-Energy-News/World-News/Kurdistan…
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Oil Plunges To $35 As Lockdowns Return
By Tsvetana Paraskova - Oct 29, 2020, 9:50 AM CDT
Oil prices extended their 5-percent slump from Wednesday into Thursday morning, plunging by another 5 percent, with WTI Crude sliding to $35 a barrel, as major economies in Europe renewed lockdowns to fight the second wave of the coronavirus.
As of 10:07 a.m. EDT on Thursday, WTI Crude was plunging by 5.27 percent at $35.11, and Brent Crude was plummeting by 4.98 percent at $36.89. The U.S. benchmark slid to its lowest level since June, while the international crude benchmark Brent dropped below $37 a barrel to its lowest price since May this year.
The sell-off in oil intensified this week with market sentiment souring by the day since the American Petroleum Institute (API) reported on Tuesday ...
Oil market participants are concerned that the return of lockdowns in Europe will significantly weigh on economic recovery and fuel demand. Two of the largest economies in Europe, Germany, and France, ...
Adding to this an ongoing production surge from Libya, the market is likely to trade defensively ahead of Tuesday’s major risk event,” John Hardy, Head of FX Strategy at Saxo Bank, said early ...
https://oilprice.com/Energy/Energy-General/Oil-Plunges-To-35…
by Joshua Caplan 31 Oct 2020
President Donald Trump on Saturday announced the signing of an executive order to protect both the fracking and oil and gas industries following former Vice President Joe Biden’s pledge to “transition from the oil industry.”
https://twitter.com/EricTrump/status/1322554089297842176
https://oilprice.com/Energy/Crude-Oil/How-The-Oil-Industry-F…
“Just signed an order to protect fracking and the oil and gas industry,” the president wrote on Twitter. “This means JOBS, low energy bills, and continued AMERICAN ENERGY INDEPENDENCE! Sleepy Joe would BAN fracking and destroy American energy jobs! He has NO clue!!” ...
https://www.breitbart.com/politics/2020/10/31/donald-trump-s…
..........................................................................................................................................................
... 🧠 ... alles tantzt nach unseren Nasen ... 🐷 ... 💵💴💶💷 ... 💰 ...
Blackrock, Bezos And Musk Charging Ahead in this $30 Trillion Mega-Trend
By Nick Freeman - Oct 28, 2020, 4:01 PM CDT
A massive $250 billion has poured into ESG index funds since August, making ESG an investing megatrend that’s soared over 733% in just two years and has had over $30 trillion invested globally.
This is Big Capital’s new safe haven and some of the largest names in finance and tech from Goldman Sachs, to Elon Musk and Jeff Bezos are investing heavily.
ESG is considered a less risky and increasingly lucrative corner of Wall Street.
The multi-trillion-dollar reality is that tech and ESG are now inextricably linked.
And they are massively outperforming the market.
The holy grail of this new trend, therefore, should be a solid ESG platform combined with an impressive tech ecosystem.
And now, ..
https://oilprice.com/Energy/Energy-General/Blackrock-Bezos-A…
https://www.italo-cinema.de/sonstiges/cinema-mondiale/item/a…
..........................................................................................................................................................
Kurdistan Halts All Oil Exports After Attack
By Charles Kennedy - Oct 30, 2020, 4:30 PM CDT
The Kurdistan Region Government in Iraq declared a halt to all oil exports on Friday after experiencing an attack on a crude oil pipeline earlier in the week.
The pipeline suffered an attack on Wednesday, disrupting the flow of crude.
The KRG-controlled area of Iraq manages oil exports through the pipeline to the Ceyhan port in Turkey.
The market is carefully watching Iraq’s crude oil production and exports, as the most non-compliant member of the OPEC+ production cut agreement for nearly the entire duration of that agreement. Rumors surfaced earlier this week that Iraq may not be on board with extending the current production quotas beyond January 2021, after Saudi Arabia and Russia hinted that the oil market may not support the scheduled relaxing of cuts then as planned.
Iraq quickly dispelled the notion, however, that it would not be behind
extending the cuts, stressing that the nation would stand behind whatever OPEC+ unanimously agreed upon.
Iraq has been in a difficult place with its quota under the OPEC+ agreement, ...
https://oilprice.com/Latest-Energy-News/World-News/Kurdistan…
..........................................................................................................................................................
Oil Plunges To $35 As Lockdowns Return
By Tsvetana Paraskova - Oct 29, 2020, 9:50 AM CDT
Oil prices extended their 5-percent slump from Wednesday into Thursday morning, plunging by another 5 percent, with WTI Crude sliding to $35 a barrel, as major economies in Europe renewed lockdowns to fight the second wave of the coronavirus.
As of 10:07 a.m. EDT on Thursday, WTI Crude was plunging by 5.27 percent at $35.11, and Brent Crude was plummeting by 4.98 percent at $36.89. The U.S. benchmark slid to its lowest level since June, while the international crude benchmark Brent dropped below $37 a barrel to its lowest price since May this year.
The sell-off in oil intensified this week with market sentiment souring by the day since the American Petroleum Institute (API) reported on Tuesday ...
Oil market participants are concerned that the return of lockdowns in Europe will significantly weigh on economic recovery and fuel demand. Two of the largest economies in Europe, Germany, and France, ...
Adding to this an ongoing production surge from Libya, the market is likely to trade defensively ahead of Tuesday’s major risk event,” John Hardy, Head of FX Strategy at Saxo Bank, said early ...
https://oilprice.com/Energy/Energy-General/Oil-Plunges-To-35…
Antwort auf Beitrag Nr.: 65.563.907 von teecee1 am 01.11.20 17:20:23November 3, 20207:54 AMUpdated an hour ago
Saudi Aramco third-quarter profit slumps 44.6% as pandemic chokes demand
By Hadeel Al Sayegh, Rania El Gamal | 3 Min Read
DUBAI (Reuters) - Saudi Arabian state oil giant Aramco 2222.SE on Tuesday reported a 44.6% drop in third-quarter net profit as the coronavirus crisis continued to choke demand and weigh on crude prices. ...
https://www.reuters.com/article/saudi-aramco-results/update-…
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The $110 Trillion Trend That Bezos, Buffet And Musk Are Betting On
By Sasha Kay - Nov 02, 2020, 7:02 PM CST
Over 3,000 investors with over $110 trillion in assets under management can’t be wrong …
That $110 trillion supports “responsible investment”, or ESG investing for a more sustainable future.
Some of that $110 trillion dollars is now squarely focused on the electric vehicle (EV) industry.
And Tesla (NASDAQ:TSLA) is predicted to be the next trillion-dollar company, with stocks soaring more than 300% this year thanks to record demand, record deliveries and even record-breaking revenues and profits. ...
https://oilprice.com/Energy/Energy-General/The-110-Trillion-…
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Libya Oil Output Hits 800,000 Bpd
By Irina Slav - Nov 02, 2020, 11:00 AM CST
Libya’s crude oil production has reached 800,000 bpd, Reuters has reported, citing sources in the know. This is a 100,000-bpd increase in just a few days, the report added.
Libya started ramping up oil production in late September when the Libyan national Army agreed to a ceasefire with the Government of National Accord and lifted its blockade from oil facilities.
During the more than eight months of the blockade, Libya’s oil output slumped from over 1 million bpd to less than 100,000 bpd. Since the lifting of the blockade, ...
https://oilprice.com/Energy/Crude-Oil/Libya-Oil-Output-Hits-…
Saudi Aramco third-quarter profit slumps 44.6% as pandemic chokes demand
By Hadeel Al Sayegh, Rania El Gamal | 3 Min Read
DUBAI (Reuters) - Saudi Arabian state oil giant Aramco 2222.SE on Tuesday reported a 44.6% drop in third-quarter net profit as the coronavirus crisis continued to choke demand and weigh on crude prices. ...
https://www.reuters.com/article/saudi-aramco-results/update-…
........................................................................................................................................................
The $110 Trillion Trend That Bezos, Buffet And Musk Are Betting On
By Sasha Kay - Nov 02, 2020, 7:02 PM CST
Over 3,000 investors with over $110 trillion in assets under management can’t be wrong …
That $110 trillion supports “responsible investment”, or ESG investing for a more sustainable future.
Some of that $110 trillion dollars is now squarely focused on the electric vehicle (EV) industry.
And Tesla (NASDAQ:TSLA) is predicted to be the next trillion-dollar company, with stocks soaring more than 300% this year thanks to record demand, record deliveries and even record-breaking revenues and profits. ...
https://oilprice.com/Energy/Energy-General/The-110-Trillion-…
........................................................................................................................................................
Libya Oil Output Hits 800,000 Bpd
By Irina Slav - Nov 02, 2020, 11:00 AM CST
Libya’s crude oil production has reached 800,000 bpd, Reuters has reported, citing sources in the know. This is a 100,000-bpd increase in just a few days, the report added.
Libya started ramping up oil production in late September when the Libyan national Army agreed to a ceasefire with the Government of National Accord and lifted its blockade from oil facilities.
During the more than eight months of the blockade, Libya’s oil output slumped from over 1 million bpd to less than 100,000 bpd. Since the lifting of the blockade, ...
https://oilprice.com/Energy/Crude-Oil/Libya-Oil-Output-Hits-…
Antwort auf Beitrag Nr.: 65.578.706 von teecee1 am 03.11.20 11:02:26Oil Prices Are Set To Go Higher Next Year
By David Messler - Nov 04, 2020, 7:00 PM CST
As predicted, a second wave of COVID-19 is wreaking havoc on the world economy with many European nations contemplating new shut downs. It looks like it will be a tough winter for the oil markets. In a recent article carried in Reuters, two energy trading firms, Vitol, and Trafigura offered dour forecasts for the next few months. Trafigura’s Executive Chairman, Jeremy Weir offered a demand forecast of a decline of a million BOPD in the U.S. and up to 1.5 mm in Europe as a result, with global demand through the winter at 92 mm BOPD. He made an additional general comment in assessing the bleak near term outlook.
“As we move now into what we consider the second wave, our anticipation is to see for further demand destruction... So it’s really not looking good for the foreseeable future.” ...
https://oilprice.com/Energy/Oil-Prices/Oil-Prices-Are-Set-To…
CORONAVIRUS
WHO BOSS EXPOSED: The Ethiopian Terrorist In Charge Of The World Health Organization
By Ed Howard, Editor-At-Large
Posted on April 6, 2020
https://www.politicalite.com/coronavirus/who-boss-exposed-th…
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... ... Technik vs Verwaltung ... https://wirtschaftslexikon.gabler.de/definition/verwaltung-4… ...
Abu Dhabi’s Wealth Fund Invests in SoftBank-Backed "Tech" Startup
Adveith Nair, Bloomberg News
(Bloomberg) -- Mubadala Investment Co. led a $700 million funding round for a technology startup backed by SoftBank Group Corp., as the Abu Dhabi wealth fund diversifies its portfolio away from oil.
The fund said on Wednesday it invested in Reef Technology Inc., a startup that manages hubs in parking lots used for food delivery and other services such as Covid-19 testing. It was joined by SoftBank Vision Fund, Oaktree, UBS AM and Target Global, Mubadala said on Twitter.
Miami-based Reef was exploring a capital raise to fund its expansion, ...
Mubadala, which manages $232 billion in assets, is among Gulf sovereign funds plowing their oil and natural gas wealth into technology to lessen their reliance on crude and help diversify their economies.
... The fund will also invest 200 million euros ($234 million) in German pharmaceutical company Evotec SE. ...
... COVID-19 Fraud ... 💰 ...
https://www.bnnbloomberg.ca/abu-dhabi-s-wealth-fund-invests-…
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China’s Oil Imports Are Falling From Record Highs
By Tsvetana Paraskova - Nov 04, 2020, 12:00 PM CST
China’s crude oil imports have fallen in recent months from their record high of nearly 13 million barrels per day (bpd) in June, although imports continue to be considerably higher compared to last year’s monthly levels, data from the Joint Organisations Data Initiative (JODI) showed on Wednesday.
Having hit an all-time high in June, Chinese crude oil imports have declined over two consecutive months by 1.77 million bpd to 11.21 million bpd in August, ...
https://oilprice.com/Energy/Energy-General/Chinas-Oil-Import…
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Is Wall Street Cutting Its Fossil Fuels Losses?
By Alex Kimani - Nov 04, 2020, 2:00 PM CST
The global energy sector is at a major bifurcation point, with the energy revolution having grown into an unstoppable force now. The value of fossil fuel investments has been cut in half in the year-to-date, while renewable energy remains on the ascendancy and the only energy sector that’s still growing. For oil and gas investors who have been left holding the bag, here’s some advice: ...
https://oilprice.com/Energy/Energy-General/Is-Wall-Street-Cu…
.........................................................................................................................................................
Aramco’s Profit Drop Is A Dire Warning For Saudi Arabia
By Cyril Widdershoven - Nov 04, 2020, 6:00 PM CST
By reporting a 44.6% decrease in profits in Q3 2020, Aramco has put a major damper on Saudi Arabia’s economic diversification strategies and overall stability. Saudi Aramco reported that its Q3 2020 profits decreased to Riyal 44.21 billion ($11.79 billion) from Riyal 79.84 billion ($21.29 billion) in Q3 2019. Worryingly, even those disappointing financials were helped by several royalty changes that boosted profits. The results from OPEC’s largest oil producer contradict the optimism being expressed by the oil cartel’s leaders in the media. While the results are arguably better than those reported by IOCs such as Shell, BP, Total, and Chevron, they are still very disappointing. The upcoming Q4 results are expected the be even lower. It is now apparent that Saudi Arabia is in serious economic trouble. Looking at this most recent report, ...
https://oilprice.com/Energy/Crude-Oil/Aramcos-Profit-Drop-Is…
By David Messler - Nov 04, 2020, 7:00 PM CST
As predicted, a second wave of COVID-19 is wreaking havoc on the world economy with many European nations contemplating new shut downs. It looks like it will be a tough winter for the oil markets. In a recent article carried in Reuters, two energy trading firms, Vitol, and Trafigura offered dour forecasts for the next few months. Trafigura’s Executive Chairman, Jeremy Weir offered a demand forecast of a decline of a million BOPD in the U.S. and up to 1.5 mm in Europe as a result, with global demand through the winter at 92 mm BOPD. He made an additional general comment in assessing the bleak near term outlook.
“As we move now into what we consider the second wave, our anticipation is to see for further demand destruction... So it’s really not looking good for the foreseeable future.” ...
https://oilprice.com/Energy/Oil-Prices/Oil-Prices-Are-Set-To…
CORONAVIRUS
WHO BOSS EXPOSED: The Ethiopian Terrorist In Charge Of The World Health Organization
By Ed Howard, Editor-At-Large
Posted on April 6, 2020
https://www.politicalite.com/coronavirus/who-boss-exposed-th…
..........................................................................................................................................................
...
... Technik vs Verwaltung ... https://wirtschaftslexikon.gabler.de/definition/verwaltung-4… ...Abu Dhabi’s Wealth Fund Invests in SoftBank-Backed "Tech" Startup
Adveith Nair, Bloomberg News
(Bloomberg) -- Mubadala Investment Co. led a $700 million funding round for a technology startup backed by SoftBank Group Corp., as the Abu Dhabi wealth fund diversifies its portfolio away from oil.
The fund said on Wednesday it invested in Reef Technology Inc., a startup that manages hubs in parking lots used for food delivery and other services such as Covid-19 testing. It was joined by SoftBank Vision Fund, Oaktree, UBS AM and Target Global, Mubadala said on Twitter.
Miami-based Reef was exploring a capital raise to fund its expansion, ...
Mubadala, which manages $232 billion in assets, is among Gulf sovereign funds plowing their oil and natural gas wealth into technology to lessen their reliance on crude and help diversify their economies.
... The fund will also invest 200 million euros ($234 million) in German pharmaceutical company Evotec SE. ...
... COVID-19 Fraud ... 💰 ...
https://www.bnnbloomberg.ca/abu-dhabi-s-wealth-fund-invests-…
..........................................................................................................................................................
China’s Oil Imports Are Falling From Record Highs
By Tsvetana Paraskova - Nov 04, 2020, 12:00 PM CST
China’s crude oil imports have fallen in recent months from their record high of nearly 13 million barrels per day (bpd) in June, although imports continue to be considerably higher compared to last year’s monthly levels, data from the Joint Organisations Data Initiative (JODI) showed on Wednesday.
Having hit an all-time high in June, Chinese crude oil imports have declined over two consecutive months by 1.77 million bpd to 11.21 million bpd in August, ...
https://oilprice.com/Energy/Energy-General/Chinas-Oil-Import…
.........................................................................................................................................................
Is Wall Street Cutting Its Fossil Fuels Losses?
By Alex Kimani - Nov 04, 2020, 2:00 PM CST
The global energy sector is at a major bifurcation point, with the energy revolution having grown into an unstoppable force now. The value of fossil fuel investments has been cut in half in the year-to-date, while renewable energy remains on the ascendancy and the only energy sector that’s still growing. For oil and gas investors who have been left holding the bag, here’s some advice: ...
https://oilprice.com/Energy/Energy-General/Is-Wall-Street-Cu…
.........................................................................................................................................................
Aramco’s Profit Drop Is A Dire Warning For Saudi Arabia
By Cyril Widdershoven - Nov 04, 2020, 6:00 PM CST
By reporting a 44.6% decrease in profits in Q3 2020, Aramco has put a major damper on Saudi Arabia’s economic diversification strategies and overall stability. Saudi Aramco reported that its Q3 2020 profits decreased to Riyal 44.21 billion ($11.79 billion) from Riyal 79.84 billion ($21.29 billion) in Q3 2019. Worryingly, even those disappointing financials were helped by several royalty changes that boosted profits. The results from OPEC’s largest oil producer contradict the optimism being expressed by the oil cartel’s leaders in the media. While the results are arguably better than those reported by IOCs such as Shell, BP, Total, and Chevron, they are still very disappointing. The upcoming Q4 results are expected the be even lower. It is now apparent that Saudi Arabia is in serious economic trouble. Looking at this most recent report, ...
https://oilprice.com/Energy/Crude-Oil/Aramcos-Profit-Drop-Is…
... ... Wir müssen den Ölpreis bei $40,- belassen ... die sind so dermaßen blöde ... das Spiel spielen wir noch 1001 Jahre ...
.........................................................................................................................................................
Aramco Turns to Bonds to Help Fund $75 Billion Dividend
Matthew Martin and Ken McCallum
Mon, November 16, 2020, 10:44 AM GMT+1·3 min read
(Bloomberg) -- Saudi Aramco, the world’s biggest oil company, is set to return to the bond markets for the first time since April of last year as it seeks to fund a $75 billion dividend commitment.
Aramco, which hired banks including Goldman Sachs Group Inc. for the sale, needs to raise debt after slumping crude prices caused profit to fall by 45% in the third quarter. That’s left it unable to generate enough cash to fund the investor payouts, almost all of which go to the Saudi government, which needs the money to plug a widening budget deficit.
The company could raise about $6 billion, according to two people familiar with the deal. Aramco media officials didn’t immediately respond to requests for comment.
Aramco has slashed spending, cut jobs, ...
https://finance.yahoo.com/news/saudi-aramco-turns-bonds-help…
https://www.reuters.com/article/aramco-bonds/update-3-saudi-…
... Wir müssen den Ölpreis bei $40,- belassen ... die sind so dermaßen blöde ... das Spiel spielen wir noch 1001 Jahre ............................................................................................................................................................
Aramco Turns to Bonds to Help Fund $75 Billion Dividend
Matthew Martin and Ken McCallum
Mon, November 16, 2020, 10:44 AM GMT+1·3 min read
(Bloomberg) -- Saudi Aramco, the world’s biggest oil company, is set to return to the bond markets for the first time since April of last year as it seeks to fund a $75 billion dividend commitment.
Aramco, which hired banks including Goldman Sachs Group Inc. for the sale, needs to raise debt after slumping crude prices caused profit to fall by 45% in the third quarter. That’s left it unable to generate enough cash to fund the investor payouts, almost all of which go to the Saudi government, which needs the money to plug a widening budget deficit.
The company could raise about $6 billion, according to two people familiar with the deal. Aramco media officials didn’t immediately respond to requests for comment.
Aramco has slashed spending, cut jobs, ...
https://finance.yahoo.com/news/saudi-aramco-turns-bonds-help…
https://www.reuters.com/article/aramco-bonds/update-3-saudi-…
Antwort auf Beitrag Nr.: 65.719.116 von teecee1 am 16.11.20 11:14:51November 17, 20206:56 AM Updated 10 days ago
Saudi Aramco gets $8 billion with jumbo five-part bond deal
By Yousef Saba | 3 Min Read
DUBAI (Reuters) - Saudi Aramco 2222.SE was set to raise $8 billion from a five-part bond deal on Tuesday as the world's largest oil producer seeks cash after low oil prices dented its finances. ...
Citi C.N, Goldman Sachs GS.N, HSBC HSBA.L, JPMorgan JPM.N, Morgan Stanley MS.N, NCB Capital 1180.SE were hired as active book runners.
Other banks involved in the deal include BNP Paribas BNPP.PA, BOC International 601696.SS, BofA Securities BAC.N, Credit Agricole CAGR.PA, First Abu Dhabi Bank FAB.AD, Mizuho 8411.T, MUFG 8306.T, SMBC Nikko 8316.T and Societe Generale SOGN.PA. ...
https://www.reuters.com/article/aramco-bonds/update-2-saudi-…
... ... 👍 ...👏 ... so, jetzt können wir den Ölpreis etwas steigen lassen ... https://www.loud-cry.com/TERRORISTS/ST-EN/TITANIC.html ...
.........................................................................................................................................................
Saudi Aramco's Landmark IPO Is Costing The Kingdom Billions
by Tyler Durden
Fri, 11/27/2020 - 03:30
Authored by Simon Watkins via OilPrice.com,
The initial public offering (IPO) of Saudi Aramco that was heralded by Crown Prince Mohammed bin Salman (MbS) as being a showcase flotation for raising massive new capital for the Kingdom and anchoring a major expansion of its international equities market presence has proven only to put Aramco into a debt spiral and highlighted a myriad of problems in Saudi Arabia to international investors. Now, Aramco is digging itself further into serious debt through bond issuances simply to pay for the huge dividend payments promised by MbS that were absolutely required to persuade anyone to buy into the omni-toxic IPO. ...
https://www.zerohedge.com/energy/saudi-aramcos-landmark-ipo-…
https://oilprice.com/Energy/Energy-General/Saudi-Aramcos-Lan…
.........................................................................................................................................................
November 24, 20208:41 AM Updated 3 days ago
Saudi Aramco says domestic supplies unaffected by attack on Jeddah plant
By Marwa Rashad | 4 Min Read
JEDDAH (Reuters) - Saudi Aramco said on Tuesday its domestic fuel supplies had not been affected by an attack the previous day by Yemen’s Houthi group on a petroleum products distribution plant in Jeddah, with operations resuming three hours after the event. ...
https://www.reuters.com/article/yemen-security-saudi-aramco/…
Saudi Aramco gets $8 billion with jumbo five-part bond deal
By Yousef Saba | 3 Min Read
DUBAI (Reuters) - Saudi Aramco 2222.SE was set to raise $8 billion from a five-part bond deal on Tuesday as the world's largest oil producer seeks cash after low oil prices dented its finances. ...
Citi C.N, Goldman Sachs GS.N, HSBC HSBA.L, JPMorgan JPM.N, Morgan Stanley MS.N, NCB Capital 1180.SE were hired as active book runners.
Other banks involved in the deal include BNP Paribas BNPP.PA, BOC International 601696.SS, BofA Securities BAC.N, Credit Agricole CAGR.PA, First Abu Dhabi Bank FAB.AD, Mizuho 8411.T, MUFG 8306.T, SMBC Nikko 8316.T and Societe Generale SOGN.PA. ...
https://www.reuters.com/article/aramco-bonds/update-2-saudi-…
...
... 👍 ...👏 ... so, jetzt können wir den Ölpreis etwas steigen lassen ... https://www.loud-cry.com/TERRORISTS/ST-EN/TITANIC.html ............................................................................................................................................................
Saudi Aramco's Landmark IPO Is Costing The Kingdom Billions
by Tyler Durden
Fri, 11/27/2020 - 03:30
Authored by Simon Watkins via OilPrice.com,
The initial public offering (IPO) of Saudi Aramco that was heralded by Crown Prince Mohammed bin Salman (MbS) as being a showcase flotation for raising massive new capital for the Kingdom and anchoring a major expansion of its international equities market presence has proven only to put Aramco into a debt spiral and highlighted a myriad of problems in Saudi Arabia to international investors. Now, Aramco is digging itself further into serious debt through bond issuances simply to pay for the huge dividend payments promised by MbS that were absolutely required to persuade anyone to buy into the omni-toxic IPO. ...
https://www.zerohedge.com/energy/saudi-aramcos-landmark-ipo-…
https://oilprice.com/Energy/Energy-General/Saudi-Aramcos-Lan…
.........................................................................................................................................................
November 24, 20208:41 AM Updated 3 days ago
Saudi Aramco says domestic supplies unaffected by attack on Jeddah plant
By Marwa Rashad | 4 Min Read
JEDDAH (Reuters) - Saudi Aramco said on Tuesday its domestic fuel supplies had not been affected by an attack the previous day by Yemen’s Houthi group on a petroleum products distribution plant in Jeddah, with operations resuming three hours after the event. ...
https://www.reuters.com/article/yemen-security-saudi-aramco/…
13.12.
Saudi Oil Minister Says Global Production Could Plunge 30% This Decade
https://finance.yahoo.com/news/saudi-oil-minister-says-globa…
...
“We’re heading toward a phase that could be dangerous if there’s not enough spending on energy,” Oil Minister Abdulaziz bin Salman said in Riyadh. The result could be an “energy crisis,” he said.
The minister said daily oil output may fall by 30 million barrels by 2030. He urged energy companies and investors to ignore “scary messages” about oil and gas.
Prince Abdulaziz’s comments came shortly after the Saudi finance minister made a similar warning.
Their views differ from what most climate activists say is necessary to slow the warming of the planet. The International Energy Agency, which advises rich countries, has called for the cessation of new investment in fossil fuels if the world is to neutralize carbon emissions by 2050.
Saudi Arabia, the world’s biggest oil exporter, is among the few countries still spending billions of dollars to raise production. It’s trying to increase its capacity to 13 million barrels a day from 12 million by 2027.
Global expenditure on oil and gas projects slumped 30% to $309 billion in 2020 and had only recovered slightly this year, according to Riyadh-based think tank the International Energy Forum.
...
Saudi Oil Minister Says Global Production Could Plunge 30% This Decade
https://finance.yahoo.com/news/saudi-oil-minister-says-globa…
...
“We’re heading toward a phase that could be dangerous if there’s not enough spending on energy,” Oil Minister Abdulaziz bin Salman said in Riyadh. The result could be an “energy crisis,” he said.
The minister said daily oil output may fall by 30 million barrels by 2030. He urged energy companies and investors to ignore “scary messages” about oil and gas.
Prince Abdulaziz’s comments came shortly after the Saudi finance minister made a similar warning.
Their views differ from what most climate activists say is necessary to slow the warming of the planet. The International Energy Agency, which advises rich countries, has called for the cessation of new investment in fossil fuels if the world is to neutralize carbon emissions by 2050.
Saudi Arabia, the world’s biggest oil exporter, is among the few countries still spending billions of dollars to raise production. It’s trying to increase its capacity to 13 million barrels a day from 12 million by 2027.
Global expenditure on oil and gas projects slumped 30% to $309 billion in 2020 and had only recovered slightly this year, according to Riyadh-based think tank the International Energy Forum.
...
Antwort auf Beitrag Nr.: 70.215.873 von faultcode am 14.12.21 13:40:18"Ist das fossile Zeitalter doch noch nicht zu Ende?" --> ja
12.5.
Saudi Aramco steigt zum wertvollsten Konzern der Welt auf – Folge der Öl-Rallye
https://www.wallstreet-online.de/nachricht/15450477-saudisch…
12.5.
Saudi Aramco steigt zum wertvollsten Konzern der Welt auf – Folge der Öl-Rallye
https://www.wallstreet-online.de/nachricht/15450477-saudisch…
15.5.
Saudi Aramco: Oil giant sees profits jump as prices surge
https://news.yahoo.com/saudi-aramco-oil-giant-sees-083818039…
...
Saudi Aramco has posted its highest profits since its 2019 listing as oil and gas prices surge around the world.
The state-owned energy giant saw an 82% jump in profits, with net income topping $39.5bn (£32.2bn) in the first quarter.
In a press release, the firm said it had been boosted by higher prices, as well as an increase in production.
...
Aramco's president and chief executive, Amin Nasser, said on Sunday that the company was "focused on helping meet the world's demand for energy that is reliable, affordable and increasingly sustainable".
"Energy security is vital and we are investing for the long-term," he added.
In March, the oil and gas producer pledged to ramp up investment and boost output significantly over the next five to eight years.
Prime Minister Boris Johnson visited the world's biggest oil exporter that month to try to persuade it to release more oil into world markets in the short-term.
...
Aramco also announced on Sunday it would issue 20 billion bonus shares to shareholders - one share for every 10 shares already owned.
Saudi Aramco: Oil giant sees profits jump as prices surge
https://news.yahoo.com/saudi-aramco-oil-giant-sees-083818039…
...
Saudi Aramco has posted its highest profits since its 2019 listing as oil and gas prices surge around the world.
The state-owned energy giant saw an 82% jump in profits, with net income topping $39.5bn (£32.2bn) in the first quarter.
In a press release, the firm said it had been boosted by higher prices, as well as an increase in production.
...
Aramco's president and chief executive, Amin Nasser, said on Sunday that the company was "focused on helping meet the world's demand for energy that is reliable, affordable and increasingly sustainable".
"Energy security is vital and we are investing for the long-term," he added.
In March, the oil and gas producer pledged to ramp up investment and boost output significantly over the next five to eight years.
Prime Minister Boris Johnson visited the world's biggest oil exporter that month to try to persuade it to release more oil into world markets in the short-term.
...
Aramco also announced on Sunday it would issue 20 billion bonus shares to shareholders - one share for every 10 shares already owned.
...
Roundhill Financial Inc. is planning the TRAX Samsung Shares and TRAX Saudi Aramco Shares ETFs to correspond with the performance of Samsung Electronics Co. and Saudi Aramco, according to a Friday filing with the Securities and Exchange Commission. Both companies lack American depository receipts trading on US exchanges, currently making them difficult for stateside investors to access without global brokerage and clearing relationships.
“This might be an easier way to get exposure,” said Amrita Nandakumar, president of Vident Investment Advisory, in an interview. “Issuers are going to be serving the market and coming up with those names that they think investors are going to find interesting.”
...
15.8.
Single-Stock ETF Craze Targets Inaccessible Non-US Shares
https://finance.yahoo.com/news/single-stock-etf-craze-target…
Roundhill Financial Inc. is planning the TRAX Samsung Shares and TRAX Saudi Aramco Shares ETFs to correspond with the performance of Samsung Electronics Co. and Saudi Aramco, according to a Friday filing with the Securities and Exchange Commission. Both companies lack American depository receipts trading on US exchanges, currently making them difficult for stateside investors to access without global brokerage and clearing relationships.
“This might be an easier way to get exposure,” said Amrita Nandakumar, president of Vident Investment Advisory, in an interview. “Issuers are going to be serving the market and coming up with those names that they think investors are going to find interesting.”
...
15.8.
Single-Stock ETF Craze Targets Inaccessible Non-US Shares
https://finance.yahoo.com/news/single-stock-etf-craze-target…
Aramco ist auch ein global player in hydrogen.
18.1.
Saudi Aramco Acquires Trading Arm of US Refiner Motiva
https://finance.yahoo.com/news/saudi-aramco-acquires-trading…
...
Saudi Aramco has acquired the trading arm of US refiner Motiva Enterprises LLC as the state-owned oil giant expands its operations in the Americas.
It also set up a new entity, Houston-based Aramco Trading Americas LLC, which will be the regional hub for the Saudi company’s trading arm, it said in a statement. ATA will be the sole supplier and offtaker for Motiva, which owns the biggest refinery in the US, the 630,000 barrel-a-day Port Arthur plant.
The moves are “a giant step towards executing our ambitious global growth strategy,” said Mohammed K. Al-Mulhim, chief executive of Aramco’s trading operations.
Saudi Aramco, the world’s largest oil company, is pushing ahead with plans for an initial public offering of its energy-trading business that could value the unit at more than $30 billion, Bloomberg reported in October.
...
Saudi Aramco Acquires Trading Arm of US Refiner Motiva
https://finance.yahoo.com/news/saudi-aramco-acquires-trading…
...
Saudi Aramco has acquired the trading arm of US refiner Motiva Enterprises LLC as the state-owned oil giant expands its operations in the Americas.
It also set up a new entity, Houston-based Aramco Trading Americas LLC, which will be the regional hub for the Saudi company’s trading arm, it said in a statement. ATA will be the sole supplier and offtaker for Motiva, which owns the biggest refinery in the US, the 630,000 barrel-a-day Port Arthur plant.
The moves are “a giant step towards executing our ambitious global growth strategy,” said Mohammed K. Al-Mulhim, chief executive of Aramco’s trading operations.
Saudi Aramco, the world’s largest oil company, is pushing ahead with plans for an initial public offering of its energy-trading business that could value the unit at more than $30 billion, Bloomberg reported in October.
...
27.3.
Saudi Aramco Takes $3.6 Billion Stake in China Oil Refinery
https://www.bnnbloomberg.ca/saudi-aramco-takes-3-6-billion-s…
...
Saudi Aramco, the world’s biggest oil producer, has agreed to buy a 10% stake in a giant oil complex in China for 24.6 billion yuan ($3.6 billion), in a deal that will significantly expand its refining presence in China.
Aramco will also supply 480,000 barrels of crude oil per day to Rongsheng Petrochemical Co’s refinery in the eastern province of Zhejiang over a 20-year period, according to a statement from the Chinese company. Aramco will provide a credit of $800 million to Rongsheng for the purchase, that statement said. Aramco Overseas Company, a subsidiary of Aramco, will acquire the shares.
Rongsheng owns a 51% equity interest in Zhejiang Petroleum and Chemical Co., which in turn owns and operates the largest integrated refining and chemicals complex in China, with a capacity to process 800,000 barrels per day of crude oil and to produce 4.2 million metric tons of ethylene per year.
“This announcement demonstrates Aramco’s long-term commitment to China and belief in the fundamentals of the Chinese petrochemicals sector,” Mohammed Y. Al Qahtani, Aramco Executive Vice President of Downstream, said in a separate statement.
The deal comes a day after Saudi Aramco and its Chinese partners agreed to build a refining and petrochemical complex in China’s northeast, accelerating a development that was paused during the pandemic.
...
Saudi Aramco Takes $3.6 Billion Stake in China Oil Refinery
https://www.bnnbloomberg.ca/saudi-aramco-takes-3-6-billion-s…
...
Saudi Aramco, the world’s biggest oil producer, has agreed to buy a 10% stake in a giant oil complex in China for 24.6 billion yuan ($3.6 billion), in a deal that will significantly expand its refining presence in China.
Aramco will also supply 480,000 barrels of crude oil per day to Rongsheng Petrochemical Co’s refinery in the eastern province of Zhejiang over a 20-year period, according to a statement from the Chinese company. Aramco will provide a credit of $800 million to Rongsheng for the purchase, that statement said. Aramco Overseas Company, a subsidiary of Aramco, will acquire the shares.
Rongsheng owns a 51% equity interest in Zhejiang Petroleum and Chemical Co., which in turn owns and operates the largest integrated refining and chemicals complex in China, with a capacity to process 800,000 barrels per day of crude oil and to produce 4.2 million metric tons of ethylene per year.
“This announcement demonstrates Aramco’s long-term commitment to China and belief in the fundamentals of the Chinese petrochemicals sector,” Mohammed Y. Al Qahtani, Aramco Executive Vice President of Downstream, said in a separate statement.
The deal comes a day after Saudi Aramco and its Chinese partners agreed to build a refining and petrochemical complex in China’s northeast, accelerating a development that was paused during the pandemic.
...
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Exklusivinterview mit Omar Abu Rashed : Union Investment-Aktienexperte: Ölpreis und König könnten Sa
