What compelled the OPEC+ to change its position suddenly? It's not rocket science to figure it out!!

[hemanthaa@mail.com + 64]

The decision by the OPEC+ that took the markets by surprise on Sunday, coincided with the data on the Chinese manufacturing activity in March, released on the April Fools day,  if noting else can explain the abrupt decision by the cartel, contradicting themselves by reversing the very position they held, hours before that decision.

Although the Chinese media tried to sugarcoat the bad news, the manufacturing has suffered and when taken into account the other related indexes, it is a cause for alarm and the OPEC+ reacted on impulse,  while knowing very well the potential consequences. In short, paying the price for pinning their hopes on one factor - Chinese economic recovery. 

Please read here for more:

 

[RichieRich216 + 454]

It doesn't take a genius to see that the people pulling Biden's puppet strings have made their goals to end America as we knew it.

Biden’s handlers caused a disgraced end and left the Middle East, insulted OPEC members, and allowed the Strategic Petroleum Reserve to be drawn down the most in history.

They ran Trillions of dollars to the U. S. National debt and have allowed China to play them as they own them, which by the way they do, and are creating a situation for a limited nuclear exchange either in the middle east, Ukraine, or the South China Sea.

 

Every new weapon China has announced is a direct knock off of U.S. technology.

Now the push to end the Dollar as the reserve currency when almost half of all our debt is secured by the citizens of the United States.

Lastly, the U.S. holds the largest stockpile of precious metals, thereby covering the balance of our debt.

And when the world finds itself involved in another war, rest assured Americans will not come to their aid.

Quite frankly the United States can feed, and fuel plus anything else within the United States.

It's time the United States acts in its own interest instead of the world’s police or army. We have enough so far in advanced technology in weapons because of DARPA we can take out any threat.

It's time to cut the cord on middle east oil, China forced labor manufacturing just to boast corporate share buybacks. The majority of average quiet Americans are fed up with the total reverse of by American for American.

 

 

 

 

[RichieRich216 + 454]

The facts are the middle east nations could not have discovered oil and extracted it without the West, we provided Armed Forces for cheap oil, and NATO is a joke, we should withdraw and kick them out of NY, The world bank is a joke and have screwed the United States for decades, our own borders are like the EU and millions of unwanted and undesirably people are crossing into like vermin and we are going to end up just like the EU!

Time to tell the Chinese and Arabian Countries to screw off.

The money saved will pay up our national debt and do as they did, nationalize all foreign land holdings and Foreign Companies. Go back before we got dragged into WW2 when the people just wanted America to be America.

[specinho + 467]

Mm..... Sustainable usages in practice...... 🤔 🤭

[Rob Plant + 2,756]

3 hours ago, RichieRich216 said:

We have enough so far in advanced technology in weapons because of DARPA we can take out any threat.

Does that include hyersonic missiles with nuclear warheads?

Russia's plan is to send several of these into the middle of the Atlantic creating a tsunami with a wave of 2000 ft or more by the time the wave hits land destroying the Eastern seaboard of the USA/Canada and most of Europe and West Africa.

What defence weaponry has the USA (or anyone else) got that can stop that from happenning?

Edited April 4, 2023 by Rob Plant

[notsonice + 1,255]

On 4/3/2023 at 3:29 AM, hemanthaa@mail.com said:

The decision by the OPEC+ that took the markets by surprise on Sunday, coincided with the data on the Chinese manufacturing activity in March, released on the April Fools day,  if noting else can explain the abrupt decision by the cartel, contradicting themselves by reversing the very position they held, hours before that decision.

Although the Chinese media tried to sugarcoat the bad news, the manufacturing has suffered and when taken into account the other related indexes, it is a cause for alarm and the OPEC+ reacted on impulse,  while knowing very well the potential consequences. In short, paying the price for pinning their hopes on one factor - Chinese economic recovery. 

Please read here for more:

 

The China problem is 60 empty million apartments which is causing a severe recession in the building sector . It will take years to undo the overbuild. Until then the manufacturing sector in China will suffer......

Anyone expecting China to increase oil use is delusional........EVs coupled with the real estate woes of China is leading to no growth in oil demand...the only way to keep the price up is cutting supply.........

Long term it is a game of chicken as oil demand will decrease year after year as EVs take over and someone has to cut production......Let the game of chicken begin............

OPEC will only play the game for a short while....their past game was to flood the market with oil to drive US Shale into bankruptcy ....OPEC has a split personality....

Enjoy the game

 

[RichieRich216 + 454]

7 hours ago, Rob Plant said:

Does that include hyersonic missiles with nuclear warheads?

Russia's plan is to send several of these into the middle of the Atlantic creating a tsunami with a wave of 2000 ft or more by the time the wave hits land destroying the Eastern seaboard of the USA/Canada and most of Europe and West Africa.

What defence weaponry has the USA (or anyone else) got that can stop that from happenning?

We had the SR71 in the middle 50s and was acknowledged for decades, do you really believe that there are not weapons designs completed that are unknown? You would not be on this platform is the United States military did not create it's version of the first internet.

A Department of Defense project in the ’60s! Became available with the creation of WWW in the ’80s, we the public, and those that are enemies of the United States have had a 20-year lag time.

Ronald Regan started the development of lasers in a plane, given the fact at that time it took a 747 to hold it, fast forward to today!

[RichieRich216 + 454]

What people need to realize is everything is screwed up in this world, the entire GDP of every nation is way less than total global obligations, and we have minor flare-ups that distract the world as people Forrest Gump their way trying to correct it, The entire world is officially at a tipping point and it's soon going to be a worldwide war between those who have and have not.

It could be simply over water, food or something else that seems inconsequential today but tomorrow it will.

Look at SVB, Signature and Credit Suisse bank, because of text messages those banks folded not in days but hours. The ability to remove Billions in a matter of hours! Anyone who thinks this is a “one-off” is sticking their heads in the sand. The Arabs want to run oil, so go for it, the U. S. made a decision in the ’60-’70s to swap military presence for cheap oil and the Arabs burnt through a lifetime of it. The United States sits on more undeveloped oil than most. Let the Arabs set the price and make a basket of their own reserve currency, simply will not last.

China peaked, and they burnt through not only their own natural resources but generations of people who would work for nothing, China has one of the lowest birth rates, oldest workers, and no replacements. When these people can't get food, see how long China will be run by CCP.

France since dropping their borders allowed so many people to infiltrate the Country they had to raise the retirement age because of all the money spent on non-French citizens and they are having riots.

The bill is coming due!

[Rob Plant + 2,756]

15 hours ago, RichieRich216 said:

do you really believe that there are not weapons designs completed that are unknown?

Thats exactly what I'm banking on Richie!

Otherwise the West dont hold the upper hand and it becomes a game of poker.