No premium in oil price for political risk. Libya could stop supply of its 300 to 700 k bbls per day and it may add $1 Bear in mind this is a tribal conflict and not radicalism..Oversupply about 1.7K bbls a day at present. Fortunately China is using the opportunity to boost strategic reserves which were quite low. Iraq's main oilfields in Basra area are beyond the reach of ISIS, and the northern fields near Mosul are so far been held by the Kurds. As for the rest , radicals have no effect on oil supply.
Small scale issues. The US don't mind too much that the Houthi's are taking control in Yemen, as it will degrade El Qaida. Both incidents not relevant to the oil market.
Your reply has absolutely nothing to do with the subject being discussed. Innner city education can be a handicap.
My take on all BDC's is that they are like shale oil companies, and are on a treadmill. In the case of BDC,s, issue more shares, grow income but NBV remains fairly static and div is a static %. Shale oil, has to keep drilling to maintain production. I own PSEC, and am using it as a holding position until a better opportunity is available .must only invest in BDC,s with price less than NBV , and limited exposure to upstream oil..
Elaine, don't repeat the media garbage of declining demand for oil. Demand is rising, but supply is growing faster.. China growth 6.5% min, US 3% growth, Europe nil growth .
Blue , you are quite right. Impossible to assess effect of low oil at this pint in time. The street is just a yellow gag publication , with a TV idiots (Cramer) influence.
All candidates will have address AIPAC and visit Israel ,and profess undying love for its Jewish inhabitants. Normal operating procedure for years.
Good heavens , what a confused reply. Suggest, you wait for the meds to work out of your system and try again.
I think the drones have been very sucessful. Certainly the kill ratio of bad people to non combatants better than before.. Obama got this right, and no American lives at stake.
Cut and paste rubbish. Do you not have an original thought in your head? Obviously international politics is above your Bush level of going to war .
So ,it was frozen funds , and not a gift. You made it sound as if it was a gift. Little incentive to comply with Nuke talks is a good thing.
I would double check on $12bn gift to Iran . Fox News broadcasts from the twighlight zone. Morocco leadership is not a world issue. The king of Morroco will look after his own interests.
You write this diatribe of nonsense. The new king Salman suffers from dementia, is 78, and is a king in name only. Go educate yourself, as to why I commented on amg's stupid post.
Bob, Muqrin is late 50,s early 60,s. Salman is 78 and as you said has senility issues. I was merely being polite by saying he is forgetful. There are a couple of heavy hitters behind the king, who formulated the current oil strategy. Glad to see you are involved with world affairs, good for you.