• 3 minutes 2nd Annual Great Oil Price Prediction Challenge of 2019
  • 6 minutes "Leaked" request by some Democrats that they were asking Nancy to coordinate censure instead of impeachment.
  • 11 minutes Trump's China Strategy: Death By a Thousand Paper Cuts
  • 14 minutes Democrats through impeachment process helped Trump go out of China deal conundrum. Now Trump can safely postpone deal till after November 2020 elections
  • 1 hour Shale Oil Fiasco
  • 33 mins Everything you think you know about economics is WRONG!
  • 1 hour USA v China. Which is 'best'?
  • 14 hours Wallstreet's "acid test" for Democrat Presidential candidate to receive their financial support . . . Support "Carried Interest"
  • 7 mins Global Debt Worries. How Will This End?
  • 9 hours My interview on PDVSA Petrocaribe and corruption
  • 23 hours Wonders of US Shale: US Shale Benefits: The U.S. leads global petroleum and natural gas production with record growth in 2018
  • 15 hours Quotes from the Widowmaker
  • 21 hours Petroleum Industry Domain Names
Alt Text

Iran's Most Powerful Oil Man Is Under Fire

Bijan Zanganeh, Iran’s long-standing and…

Alt Text

Oil Jumps On ‘’Saudi Surprise’’

Oil prices rose on Friday…

Alt Text

IEA Official: Don’t Expect Deeper OPEC Cuts

A senior official at the…

ZeroHedge

ZeroHedge

The leading economics blog online covering financial issues, geopolitics and trading.

More Info

Premium Content

Middle-East Markets See Extremely Bad Start Of The Year

Broad Middle-East and African stock markets crashed over 5%, erasing any gains back to November 2008 as the carnage from last week continues. From Kuwait (-4.3%) to Qatar (-8%) it was a bloodbath as Saudi Arabia Tadawul Index plunged 5.4% - the most since Black Monday (now down over 50% from their 2014 highs). These losses are far in excess of U.S. 'catch-up' moves and suggest a dark cloud over Asia this evening.

It's been a bloodbath in the Middle-East since the year began...

Africa/Middle-East Stocks crashed 5%... Related: EIA Forecasts Miss the Mark, But Do Better Than Most

Saudi Arabia's Tadawul Index is down 5.4% on the day - the worst since August's collapse and has lost over 50% since its exuberant peak in 2014...

Kuwait down over 4% to 2009 lows... Related: Oil Sinks Below $30 As Traders Fear Tidal Wave Of Iranian Oil

But Qatar was carnaged... (down over 8%)

Makes you wonder where all that hot-money from The Fed flowed eh?

By Zerohedge

More Top Reads From Oilprice.com:

 




Download The Free Oilprice App Today

Back to homepage



Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play