• 4 minutes USGS Announces Largest Continuous Oil Assessment in Texas and New Mexico
  • 10 minutes IT IS FINISHED. OPEC Victorious
  • 16 minutes GOODBYE FOREIGN OIL DEPENDENCE!!
  • 2 hours Paris Is Burning Over Climate Change Taxes -- Is America Next?
  • 10 mins End of EV Subsidies?
  • 1 day The Great Climate Change Swindle
  • 11 mins Price Decline in Chinese Solar Panels
  • 1 hour Maersk's COO statment.
  • 5 hours Trump accuses Google Of Hiding 'Fair Media' Coverage of him
  • 20 mins China Builds LNG Icebreaker
  • 2 days S. Australia showing the way
  • 2 hours EPA To Roll Back Carbon Rule On New Coal Plants
  • 2 days More OPEC Members May Leave
  • 1 day Exxon buys green power.
  • 2 days Qatar Leaving what is the effect on prices
  • 2 days Not only GM: Morgan Stanley Predicts Ford to Cut 25,000 Jobs in Overhaul
Could Iraq Be The Next OPEC Member To Exit?

Could Iraq Be The Next OPEC Member To Exit?

Just two days after Qatar’s…

The Future Of OPEC Is Underground

The Future Of OPEC Is Underground

The two-day Vienna summit was…

Mervin King Warns of Global Currency Wars

The head of the Bank of England warned on Monday that too many countries were trying to weaken their currencies to offset the impact of the slow global economy and the trend could grow next year.

"You can see, month by month, the addition to the number of countries who feel that active exchange rate management, always to push their exchange rate down, is growing," Mervyn King said in a speech.

The warnings by King, who is set to step down in July, echo those made in October by U.S. Federal Reserve Chairman Ben Bernanke, who delivered a blunt call for certain emerging economies to allow their currencies to rise.

The back and forth of monetary stimulus and foreign-exchange intervention has complicated any coordinated efforts to recover from the Great Recession.

Click here for full article.



Join the discussion | Back to homepage

Leave a comment
  • Brad Barton on December 13 2012 said:
    Well that being the case were will the IDQ fit in to this once it does its rv being there whole country is run by oil. And were do you think the imf will peg its money

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News
-->