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allieggg

Oil Extends Drop on Libyan Field Restart, OPEC Outlook - Bloomberg - 1 views

  • Libya should resume pumping “soon” at Sharara, its biggest-producing oil field prior to the disruption, following an attack yesterday, an official said.
  • “The Sharara disruption highlights the current chaos in Libya, and also how fragile the production is.”
  • climbed $1.49 to $78.68 a barrel yesterday.
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    This article basically highlights the significance of Libyan oil fields in terms of the international community. Chaos in Libya not only affects the eastern region, but all OPEC members and importers of crude oil across the globe. After the recent attacks on Sharara, the biggest field in Libya, production has significantly slowed down. Libya's elected parliament assures the global community that they will resume normal outputs soon, but as the country deepens further into civil war, international actors remain skeptical.
mharcour

Obama Pushes for 1967 Lines Two State Deal - 0 views

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    In this Bloomberg article, the details of President Obama's speech on an Israeli-Palestinian peace deal were examined. Discussing the issues presenting on both sides (including the highly controversial Israeli settlements), President Obama pushed for a deal based upon the 1967 delineated lines.
eyadalhasan

Saudi Arabia's Secret Holdings of U.S. Debt Are Suddenly a Big Deal - 0 views

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    It's a secret of the vast U.S. Treasury market, a holdover from an age of oil shortages and mighty petrodollars: Just how much of America's debt does Saudi Arabia own? But now that question -- unanswered since the 1970s, under an unusual blackout by the U.S.
ralqass

Saudi Arabia's Tesla Roadmap - 0 views

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    Old certainties of demand and supply are obsolete.
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