JEWISH KING JESUS IS COMING AT THE RAPTURE FOR US IN THE CLOUDS-DON'T MISS IT FOR THE WORLD.THE BIBLE TAKEN LITERALLY- WHEN THE PLAIN SENSE MAKES GOOD SENSE-SEEK NO OTHER SENSE-LEST YOU END UP IN NONSENSE.GET SAVED NOW- CALL ON JESUS TODAY.THE ONLY SAVIOR OF THE WHOLE EARTH - NO OTHER. 1 COR 15:23-JESUS THE FIRST FRUITS-CHRISTIANS RAPTURED TO JESUS-FIRST FRUITS OF THE SPIRIT-23 But every man in his own order: Christ the firstfruits; afterward they that are Christ’s at his coming.ROMANS 8:23 And not only they, but ourselves also, which have the firstfruits of the Spirit, even we ourselves groan within ourselves, waiting for the adoption, to wit, the redemption of our body.(THE PRE-TRIB RAPTURE)
CENTRAL BANKERS LENDER-BIS
https://www.bis.org/
FED CENTRAL BANKERS MEETING - JACKSON HOLE
http://ift.tt/1hji3hr
http://ift.tt/1SARIdh
IMF
http://ift.tt/OqHTPH
WORLD BANK
http://ift.tt/wHpH1o
BANKING UNION BEFORE EURO ADOPTION
http://ift.tt/1WEGBlD
REVIEW SDR -RESERVE IMF CURRENCY
http://ift.tt/1JijZS3
http://ift.tt/1SMxiAs
http://ift.tt/1gioHw6
http://ift.tt/1DrtLkd
http://ift.tt/1K64vRK
http://ift.tt/1Egc7jG
http://ift.tt/1F4FVuG;
CHIP UNDER THE SKIN
https://www.youtube.com/watch?v=LZ0YPDYx6lU
https://www.youtube.com/watch?v=kI-RAMBPz6w
https://www.youtube.com/watch?v=EcHQGno4EHQ
https://www.youtube.com/watch?v=HdxfG5MDk0I
https://www.youtube.com/watch?v=KatuQlioeRg
https://www.youtube.com/watch?v=9j9YHTwbPLo
https://www.youtube.com/watch?v=2DcAOkSUFlU
BIDEN AND CHIP IMPLANT-u will vote on it
https://www.youtube.com/watch?v=FQw68jl7KXc
https://www.youtube.com/watch?v=RvYnWBdmcQk
HUMAN CENTRIC SENSING
http://ift.tt/1X84rX3
INTERAC
http://ift.tt/1Jtc7tE
http://ift.tt/1X84p1h
HOARDING OF GOLD AND SILVER
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.(IN 1 HR THE STOCK MARKETS WORLDWIDE WILL CRASH)
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.
REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
REVELATION 6:5-6
5 And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.
6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.(A DAYS WAGES FOR A LOAF OF BREAD)
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
The Shemitah is coming true.Do people not get it? There is a economic crash every 7 years.
1980: Recession
1987: Stock market crash
1994: Bond market crash
2001: 9/11, dot com, recession
2008: Housing crash
2015: See if something will happen-The central banks will be the death of us. Get ready and embrace yourself for the economic collapse.
UPDATE-SEPTEMBER 04,2015-12:00AM
DOW MARKET FRIDAY-SEPT 04,2015
09:30AM-
10:00AM-
10:30AM-
11:00AM-
11:30AM-
12:00PM-
12:30PM-
01:00PM-
01:30PM-
02:00PM-
02:30PM-
03:00PM-
03:30PM-
04:00PM-
New approach to old alliance for Saudi King and Obama-Reuters By Angus McDowall-sept 3,15-yahoonews
RIYADH (Reuters) - Saudi Arabia's King Salman will meet U.S. President Barack Obama in Washington on Friday, aiming to push him for more support in Riyadh's efforts to counter Iran after it agreed to a nuclear deal that will relieve Tehran of some international pressure.Despite Saudi disappointment with Obama's push for a nuclear deal with Iran and his lack of direct action against President Bashar al-Assad in Syria, the U.S. role in Riyadh's war in Yemen shows Washington remains the kingdom's core strategic partner."The relationship is entering a new phase. It is still a partnership, but Saudi Arabia is becoming more independent. And I think the Americans like that. They are not objecting to our active foreign policy, but cooperating with us on that front," said Jamal Khashoggi, head of al-Arab News Channel, owned by Saudi Prince Alwaleed bin Talal.The relationship, a mainstay of the Middle East's security balance, has suffered turbulence since Riyadh faulted what it saw as Obama's withdrawal from the region, and a perceived tilt toward Iran since the 2011 Arab uprisings.Since Salman took power in January, he has abandoned Riyadh's traditional reliance on Washington to do the heavy lifting in Middle East security, instead embarking on a war in Yemen and boosting support for rebels against Assad in Syria.It showed both Riyadh's increasing sense of independence, and willingness to work with regional allies instead of Washington. But it also a more transactional approach to relations with the United States.Unlike at some earlier points in the relationship, cooperation now appears to be limited, either to instances where interests directly overlap, or to support in one area in exchange for another.Obama has been keen for Washington's allies to take on a bigger role in regional security issues as part of his efforts to reduce American involvement in the Middle East's many messy conflicts.On Wednesday, Jeff Prescott, National Security Council senior director for Iran, Iraq, Syria and the Gulf, told reporters that Washington had been "looking to support Saudi efforts to build their own capabilities and build their own capacity to act."-NUCLEAR FALLOUT-The clearest evidence of that shift in the relationship is in Yemen, where Riyadh formed a coalition of 10 Arab states in air strikes against the Iran-allied Houthi forces in March, a campaign that relies heavily on American military assistance.While U.S. officials have talked of a need for Riyadh to do more to avoid civilian casualties, Washington's role in accelerating weapons delivery as well as intelligence and logistical aid has been indispensable to the Saudi war effort.Many Saudis regard such material American support in the Yemen war as part of Obama's efforts to reassure the kingdom and its Gulf allies that the Iran nuclear deal does not mean Washington will allow Tehran to dominate the Middle East.Riyadh is convinced that Iran is bent on achieving regional hegemony through proxy militias in Lebanon, Syria, Iraq and Yemen, thereby destabilising the entire region and undermining the kingdom's own stability.Washington, while critical of Iran's regional role, does not see it in such dire terms.The Saudis fear that by relieving sanctions on Iran, the nuclear deal will give Tehran more money and political freedom to back clients like Hezbollah in Lebanon and Iraq's Shi'ite militias, as well as allies like Yemen's Houthis."Saudi Arabia is way more concerned about current regional matters, not the hypothetical threat from an Iranian bomb. Washington should not get free support for the deal unless they commit more to current Saudi concerns in the region," said Khashoggi of the al-Arab channel.Riyadh's public response to the deal, combining lukewarm praise with the proviso that its success would depend on tough inspections, was accompanied by private expressions of concern by Saudi officials.-SYRIAN CRISIS-The next big test of ties between the two countries is likely to be in Syria, where Saudi Arabia has frequently described Assad's use of air raids and artillery on civilian areas as genocidal, and has described Iran's support for militias there as constituting an occupation.While Obama has said Assad can have no role in Syria's future, his bigger focus has been on the militant threat posed by Islamic State.While Riyadh helped corral regional states to join U.S.-led air strikes against IS in Syria last year, it has been disappointed by Washington's limited efforts to train and arm non-jihadist rebel groups.Ben Rhodes, the U.S. deputy national security adviser, alluded to Washington's own worries that by backing the Syrian opposition too fulsomely, there was a risk of inadvertently strengthening militant groups, in comments to media on Wednesday."We want to make sure that when we are working with our Gulf partners and Turkey ... that we have a common view in terms of which opposition deserves our support and that we're seeking to isolate more extremist elements of the opposition," he said.Saudi Arabia, along with Qatar and Turkey, appears to have stepped up the backing of rebel groups this year, helping them to achieve advances against Assad. If its Yemen campaign succeeds, with American help, Riyadh may be emboldened to increase that support still further.(Additional reporting by Matt Spetalnik in Washington; Editing by Jeffrey Benkoe)
How OPEC’s Production Influences Crude Oil Prices-Market Realist By Gordon Kristopher-sept 3,15-yahoonews
OPEC (the Organization of the Petroleum Exporting Countries) produced 32.316 MMbpd (million barrels per day) of crude oil in August 2015 as per the preliminary estimates from Bloomberg. This is 108,000 barrels per day more than its July 2015 crude oil production. In contrast, Reuter’s preliminary surveys suggest crude oil output from OPEC fell in August 2015 to 31.77 MMbpd compared to 31.88 MMbpd in July 2015. The consensus of record production from OPEC and speculation of production hitting 33 MMbpd by the end of 2015 or early 2016 might pressure crude oil prices. This could find support by the possible lifting of oil sanctions from Iran. OPEC produced 32.469 MMbpd of crude oil in June 2015—the highest since August 2012.OPEC’s importance-OPEC operates as a cartel and controls 40% of the global crude oil production. It also exports about 60% of the crude oil that’s traded globally. In its last meeting, on June 5, 2015, OPEC’s member nations decided to maintain the group’s collective target of 30 MMbpd for the next six months in order to defend its market share.Saudi Arabia’s output-The Saudi kingpin produced 10.5 MMbpd of crude oil in August 2015 compared to 10.5 in July 2015. Saudi Arabia is OPEC’s largest crude oil producer. Citigroup estimates that at this output pace, Saudi Arabia could hit 11 MMbpd in 2H15. -Iraq’s massive oil exports-Iraq’s crude oil production increased by 100,000 bpd to 4.3 MMbpd in August 2015 compared to 4.194 MMbpd in July 2015. The surging crude oil exports from Iraq should also pressure the crude oil market. Exports hit a three-decade high in April 2015.Iran’s nuclear accord-Iran’s crude oil output rose by 5000 bpd to 2.9 MMbpd in August 2015 compared to 2.85 MMbpd of crude oil in July 2015. The easing of oil sanctions means that Iran could pump more crude oil in the long term, considering lower crude oil prices and strategic investments in Iranian oilfields.The current bullish momentum could benefit upstream producers like EOG Resources (EOG), Anadarko Petroleum (APC), and ConocoPhillips (COP). They account for 9.61% of the Energy Select Sector SPDR ETF (XLE). The crude oil mix output is greater than 41% of their total production. ETFs like the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) and the Select Sector SPDR Fund ETF (XLE) also benefit from higher oil prices.
Crude Oil Prices Volatile Due to Short Covering and Profit Booking-By Gordon Kristopher • Sep 3, 2015 11:07 am EDT-yahoonews
September WTI (West Texas Intermediate) crude oil futures contracts rallied for the fourth trading session in the last five days. Prices were trading close to their nearest resistance level of $49 per barrel on September 2, 2015. Crude oil prices are volatile due to short covering and profit booking.Profit booking and long-term oversupply concerns could drag crude oil prices lower. The nearest support for crude oil prices is at $38 per barrel. Prices tested this level in August 2015. In contrast, lower crude oil prices and speculation of increasing imports from India and South Korea could support crude oil prices. The next resistance level for crude oil prices is at $50 per barrel. Prices tested this level in August 2015.Citigroup estimates that WTI crude oil prices could hit $32 per barrel in the near term. The EIA (U.S. Energy Information Administration) estimates that crude oil prices could average around $49 per barrel in 2015 and $54 per barrel in 2016. The crude oil price chart suggests that crude oil prices could oscillate between $40 per barrel and $50 per barrel in the near term.The volatility in crude oil prices affects crude oil producers like Newfield (NFX), Noble Energy (NBL), and Devon Energy (DVN). They account for 3.07% of the Energy Select Sector SPDR ETF (XLE). The crude oil production mix of these stocks is more than 41% of their total production.Falling crude oil prices benefit ETFs like the ProShares Ultra Short Bloomberg Crude Oil ETF (SCO). In contrast, ETFs like the Velocity Shares 3X Long Crude ETN (UWTI) benefit from rising crude oil prices.-Energy and Power Performance-1m3m6mYTD1y3y5yClick Ticker Above to Show/Hide on Graph SCOUWTINFXNBLDVNXLE (Energy Select Sector SPDR (ETF))Jan '15May '15Sep '…Jan '16-200%0% + 200% + 400%
OTHER STORIES
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http://ift.tt/1NI76nh
IRAN-SAUDI-ARABIA PROPHECY AND WW3
http://ift.tt/1Utd7mA
CHINA DEVALUES CURRENCY FOR AMERICAN INTEREST RATE RISE SPECULATION
http://ift.tt/1OfouN7
http://ift.tt/1ECDvZA
http://ift.tt/1LT1dn0
http://ift.tt/1Jtc7tK
http://ift.tt/1U9LpQY
http://ift.tt/1MTz535
http://ift.tt/1PQExC9
CENTRAL BANKERS LENDER-BIS
https://www.bis.org/
FED CENTRAL BANKERS MEETING - JACKSON HOLE
http://ift.tt/1hji3hr
http://ift.tt/1SARIdh
IMF
http://ift.tt/OqHTPH
WORLD BANK
http://ift.tt/wHpH1o
BANKING UNION BEFORE EURO ADOPTION
http://ift.tt/1WEGBlD
REVIEW SDR -RESERVE IMF CURRENCY
http://ift.tt/1JijZS3
http://ift.tt/1SMxiAs
http://ift.tt/1gioHw6
http://ift.tt/1DrtLkd
http://ift.tt/1K64vRK
http://ift.tt/1Egc7jG
http://ift.tt/1F4FVuG;
CHIP UNDER THE SKIN
https://www.youtube.com/watch?v=LZ0YPDYx6lU
https://www.youtube.com/watch?v=kI-RAMBPz6w
https://www.youtube.com/watch?v=EcHQGno4EHQ
https://www.youtube.com/watch?v=HdxfG5MDk0I
https://www.youtube.com/watch?v=KatuQlioeRg
https://www.youtube.com/watch?v=9j9YHTwbPLo
https://www.youtube.com/watch?v=2DcAOkSUFlU
BIDEN AND CHIP IMPLANT-u will vote on it
https://www.youtube.com/watch?v=FQw68jl7KXc
https://www.youtube.com/watch?v=RvYnWBdmcQk
HUMAN CENTRIC SENSING
http://ift.tt/1X84rX3
INTERAC
http://ift.tt/1Jtc7tE
http://ift.tt/1X84p1h
HOARDING OF GOLD AND SILVER
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.(IN 1 HR THE STOCK MARKETS WORLDWIDE WILL CRASH)
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.
REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
REVELATION 6:5-6
5 And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.
6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.(A DAYS WAGES FOR A LOAF OF BREAD)
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
The Shemitah is coming true.Do people not get it? There is a economic crash every 7 years.
1980: Recession
1987: Stock market crash
1994: Bond market crash
2001: 9/11, dot com, recession
2008: Housing crash
2015: See if something will happen-The central banks will be the death of us. Get ready and embrace yourself for the economic collapse.
UPDATE-SEPTEMBER 04,2015-12:00AM
DOW MARKET FRIDAY-SEPT 04,2015
09:30AM-
10:00AM-
10:30AM-
11:00AM-
11:30AM-
12:00PM-
12:30PM-
01:00PM-
01:30PM-
02:00PM-
02:30PM-
03:00PM-
03:30PM-
04:00PM-
New approach to old alliance for Saudi King and Obama-Reuters By Angus McDowall-sept 3,15-yahoonews
RIYADH (Reuters) - Saudi Arabia's King Salman will meet U.S. President Barack Obama in Washington on Friday, aiming to push him for more support in Riyadh's efforts to counter Iran after it agreed to a nuclear deal that will relieve Tehran of some international pressure.Despite Saudi disappointment with Obama's push for a nuclear deal with Iran and his lack of direct action against President Bashar al-Assad in Syria, the U.S. role in Riyadh's war in Yemen shows Washington remains the kingdom's core strategic partner."The relationship is entering a new phase. It is still a partnership, but Saudi Arabia is becoming more independent. And I think the Americans like that. They are not objecting to our active foreign policy, but cooperating with us on that front," said Jamal Khashoggi, head of al-Arab News Channel, owned by Saudi Prince Alwaleed bin Talal.The relationship, a mainstay of the Middle East's security balance, has suffered turbulence since Riyadh faulted what it saw as Obama's withdrawal from the region, and a perceived tilt toward Iran since the 2011 Arab uprisings.Since Salman took power in January, he has abandoned Riyadh's traditional reliance on Washington to do the heavy lifting in Middle East security, instead embarking on a war in Yemen and boosting support for rebels against Assad in Syria.It showed both Riyadh's increasing sense of independence, and willingness to work with regional allies instead of Washington. But it also a more transactional approach to relations with the United States.Unlike at some earlier points in the relationship, cooperation now appears to be limited, either to instances where interests directly overlap, or to support in one area in exchange for another.Obama has been keen for Washington's allies to take on a bigger role in regional security issues as part of his efforts to reduce American involvement in the Middle East's many messy conflicts.On Wednesday, Jeff Prescott, National Security Council senior director for Iran, Iraq, Syria and the Gulf, told reporters that Washington had been "looking to support Saudi efforts to build their own capabilities and build their own capacity to act."-NUCLEAR FALLOUT-The clearest evidence of that shift in the relationship is in Yemen, where Riyadh formed a coalition of 10 Arab states in air strikes against the Iran-allied Houthi forces in March, a campaign that relies heavily on American military assistance.While U.S. officials have talked of a need for Riyadh to do more to avoid civilian casualties, Washington's role in accelerating weapons delivery as well as intelligence and logistical aid has been indispensable to the Saudi war effort.Many Saudis regard such material American support in the Yemen war as part of Obama's efforts to reassure the kingdom and its Gulf allies that the Iran nuclear deal does not mean Washington will allow Tehran to dominate the Middle East.Riyadh is convinced that Iran is bent on achieving regional hegemony through proxy militias in Lebanon, Syria, Iraq and Yemen, thereby destabilising the entire region and undermining the kingdom's own stability.Washington, while critical of Iran's regional role, does not see it in such dire terms.The Saudis fear that by relieving sanctions on Iran, the nuclear deal will give Tehran more money and political freedom to back clients like Hezbollah in Lebanon and Iraq's Shi'ite militias, as well as allies like Yemen's Houthis."Saudi Arabia is way more concerned about current regional matters, not the hypothetical threat from an Iranian bomb. Washington should not get free support for the deal unless they commit more to current Saudi concerns in the region," said Khashoggi of the al-Arab channel.Riyadh's public response to the deal, combining lukewarm praise with the proviso that its success would depend on tough inspections, was accompanied by private expressions of concern by Saudi officials.-SYRIAN CRISIS-The next big test of ties between the two countries is likely to be in Syria, where Saudi Arabia has frequently described Assad's use of air raids and artillery on civilian areas as genocidal, and has described Iran's support for militias there as constituting an occupation.While Obama has said Assad can have no role in Syria's future, his bigger focus has been on the militant threat posed by Islamic State.While Riyadh helped corral regional states to join U.S.-led air strikes against IS in Syria last year, it has been disappointed by Washington's limited efforts to train and arm non-jihadist rebel groups.Ben Rhodes, the U.S. deputy national security adviser, alluded to Washington's own worries that by backing the Syrian opposition too fulsomely, there was a risk of inadvertently strengthening militant groups, in comments to media on Wednesday."We want to make sure that when we are working with our Gulf partners and Turkey ... that we have a common view in terms of which opposition deserves our support and that we're seeking to isolate more extremist elements of the opposition," he said.Saudi Arabia, along with Qatar and Turkey, appears to have stepped up the backing of rebel groups this year, helping them to achieve advances against Assad. If its Yemen campaign succeeds, with American help, Riyadh may be emboldened to increase that support still further.(Additional reporting by Matt Spetalnik in Washington; Editing by Jeffrey Benkoe)
How OPEC’s Production Influences Crude Oil Prices-Market Realist By Gordon Kristopher-sept 3,15-yahoonews
OPEC (the Organization of the Petroleum Exporting Countries) produced 32.316 MMbpd (million barrels per day) of crude oil in August 2015 as per the preliminary estimates from Bloomberg. This is 108,000 barrels per day more than its July 2015 crude oil production. In contrast, Reuter’s preliminary surveys suggest crude oil output from OPEC fell in August 2015 to 31.77 MMbpd compared to 31.88 MMbpd in July 2015. The consensus of record production from OPEC and speculation of production hitting 33 MMbpd by the end of 2015 or early 2016 might pressure crude oil prices. This could find support by the possible lifting of oil sanctions from Iran. OPEC produced 32.469 MMbpd of crude oil in June 2015—the highest since August 2012.OPEC’s importance-OPEC operates as a cartel and controls 40% of the global crude oil production. It also exports about 60% of the crude oil that’s traded globally. In its last meeting, on June 5, 2015, OPEC’s member nations decided to maintain the group’s collective target of 30 MMbpd for the next six months in order to defend its market share.Saudi Arabia’s output-The Saudi kingpin produced 10.5 MMbpd of crude oil in August 2015 compared to 10.5 in July 2015. Saudi Arabia is OPEC’s largest crude oil producer. Citigroup estimates that at this output pace, Saudi Arabia could hit 11 MMbpd in 2H15. -Iraq’s massive oil exports-Iraq’s crude oil production increased by 100,000 bpd to 4.3 MMbpd in August 2015 compared to 4.194 MMbpd in July 2015. The surging crude oil exports from Iraq should also pressure the crude oil market. Exports hit a three-decade high in April 2015.Iran’s nuclear accord-Iran’s crude oil output rose by 5000 bpd to 2.9 MMbpd in August 2015 compared to 2.85 MMbpd of crude oil in July 2015. The easing of oil sanctions means that Iran could pump more crude oil in the long term, considering lower crude oil prices and strategic investments in Iranian oilfields.The current bullish momentum could benefit upstream producers like EOG Resources (EOG), Anadarko Petroleum (APC), and ConocoPhillips (COP). They account for 9.61% of the Energy Select Sector SPDR ETF (XLE). The crude oil mix output is greater than 41% of their total production. ETFs like the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) and the Select Sector SPDR Fund ETF (XLE) also benefit from higher oil prices.
Crude Oil Prices Volatile Due to Short Covering and Profit Booking-By Gordon Kristopher • Sep 3, 2015 11:07 am EDT-yahoonews
September WTI (West Texas Intermediate) crude oil futures contracts rallied for the fourth trading session in the last five days. Prices were trading close to their nearest resistance level of $49 per barrel on September 2, 2015. Crude oil prices are volatile due to short covering and profit booking.Profit booking and long-term oversupply concerns could drag crude oil prices lower. The nearest support for crude oil prices is at $38 per barrel. Prices tested this level in August 2015. In contrast, lower crude oil prices and speculation of increasing imports from India and South Korea could support crude oil prices. The next resistance level for crude oil prices is at $50 per barrel. Prices tested this level in August 2015.Citigroup estimates that WTI crude oil prices could hit $32 per barrel in the near term. The EIA (U.S. Energy Information Administration) estimates that crude oil prices could average around $49 per barrel in 2015 and $54 per barrel in 2016. The crude oil price chart suggests that crude oil prices could oscillate between $40 per barrel and $50 per barrel in the near term.The volatility in crude oil prices affects crude oil producers like Newfield (NFX), Noble Energy (NBL), and Devon Energy (DVN). They account for 3.07% of the Energy Select Sector SPDR ETF (XLE). The crude oil production mix of these stocks is more than 41% of their total production.Falling crude oil prices benefit ETFs like the ProShares Ultra Short Bloomberg Crude Oil ETF (SCO). In contrast, ETFs like the Velocity Shares 3X Long Crude ETN (UWTI) benefit from rising crude oil prices.-Energy and Power Performance-1m3m6mYTD1y3y5yClick Ticker Above to Show/Hide on Graph SCOUWTINFXNBLDVNXLE (Energy Select Sector SPDR (ETF))Jan '15May '15Sep '…Jan '16-200%0% + 200% + 400%
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