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The Best in Alternative News

Saudi Hit Squad Sent to Canada to Kill Former Intel Official…

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Saudi Arabia has been accused of dispatching a group of hitmen to Canada to kill former intelligence official Saad al-Jabri, who is living in exile and reportedly resisting pressure from Crown Prince Mohammed bin Salman (MBS) to return to the kingdom. According to the lawsuit, seen by Middle East Eye, Jabri is seeking unspecified damages […]

Saudis Launched Oil Price War After ‘MBS Shouting Match with Putin’…

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A telephone call last month between Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman degenerated into a shouting match just before Riyadh decided to flood the market with oil in a move which sent prices spiralling. Saudi officials with knowledge of the disastrous call told Middle East Eye that the row threatened […]

U.S. Ban on Saudi Oil Could Force Riyadh to Reroute 40 Million Barrels…

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Saudi Arabia may be forced to reroute tankers carrying some 40 million barrels of crude oil to the United States if President Trump goes through with a threat to ban imports, Reuters has reported, citing shipping data and unnamed sources. There have been reports that Washington is discussing a ban on Saudi imports of crude […]

U.S. Probes Insider Trading Tied to OPEC+ Oil Deal…

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The U.S. Commodity Futures Trading Commission (CFTC) is investigating whether non-American traders had obtained insider information about Russia’s position in the OPEC+ negotiations last month, which they may have later illegally used to bet on crude oil futures, Bloomberg reported, citing two people with direct knowledge of the issue. Under the Dodd-Frank Act of 2010, […]

Why Today’s 300% Oil Price Crash Isn’t As Bad As It Seems…

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Oil price futures slipped into negative territory on Monday – a shocking oil-market first – making previous doom and gloom forecasts of OPEC’s too-little-too-late production cuts now seem like sober predictions rather than overzealous fearmongering. But are negative oil prices here to stay? WTI crude oil futures settled at -$37.63 per barrel on Monday, down […]

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