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Rosneft's Sechin Travels to Vienna Ahead of OPEC Meeting to debate the plunge in oil prices.

 
Uncle Fuck Stick
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11/18/2014 02:25 AM
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Rosneft's Sechin Travels to Vienna Ahead of OPEC Meeting to debate the plunge in oil prices.
Thread: the shit is about to hit the fan


[link to www.themoscowtimes.com]
Top Russian oil producer Rosneft's Chief Executive Igor Sechin will fly to Vienna on Nov. 25, just two days before the Organization of the Petroleum Exporting Countries meets in the city to debate the plunge in oil prices.

The surprise announcement from the state-backed firm raised speculation that Sechin, a close ally of President Vladimir Putin, will discuss coordinating with OPEC to try stem the near 30 percent drop in oil prices since June.

Venezuela said Monday that its Foreign Minister Rafael Ramirez and Russian Energy Minister Alexander Novak had met in Moscow and discussed "the need to coordinate actions in defense" of prices in the oil market.

But Russia, the largest oil exporter outside OPEC, has so far made no statement about joining any possible production cut, even as the price drop threatens to tip its sanction-hit economy into recession. Previous overtures between the producer group and Russia have failed to produce results.

Oil's drop below $80 a barrel has raised the focus on the OPEC meeting, with traders billing it as the most pivotal since the 2008 financial crisis.

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Uncle Fuck Stick  (OP)

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11/18/2014 02:44 AM
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Re: Rosneft's Sechin Travels to Vienna Ahead of OPEC Meeting to debate the plunge in oil prices.
Thread: Jim Sinclair: Putin Has Nuclear ECONOMIC Bomb



 Quoting: Uncle Fuck Stick


I honestly believe sanctioning Russia is the same as shooting yourself in the foot.” Sinclair goes on to say, “When you think you can push an ex-colonel of the KGB, you are not making a proper analysis of the personality of the person. The whole idea that Russia is only a regional power–where in the world did that come from? Anybody that is nuclear capable to the degree that Russia is with its delivery systems is a world power. We hear constantly Russia is only a regional power. We hear lies. We hear untruths. We don’t have a clear picture to what is taking place.”

On Russia countering Western sanctions, Sinclair says watch the “struggling dollar” and Russia accepting any currency for oil and natural gas. Sinclair explains, “It’s struggling . . . because it smells the real teeth of retaliation for sanctions being in the simple acceptance of any currency whatsoever for payment for gas to Europe. Believe me, they will settle in other currencies. . . . It makes energy cheaper. Why in the world would anyone want to pay in dollars if they can pay in their own currency? Russia could retaliate in a way that would have phenomenal impact on the U.S. dollar. . . . Russia has the upper hand. They have it in their ability to turn the U.S. economy upside down and into collapse. There is no question whatsoever. Putin doesn’t need a nuclear bomb. He has a nuclear economic bomb that he can set off at any time.”

“We’re in a hell of a mess. If the world drops the ‘Petrodollar,’ we’ll have a hot war in a week.
 Quoting: No More Lies

 Quoting: Uncle Fuck Stick


Last Edited by Uncle Fuck Stick on 11/18/2014 02:45 AM
:4hlick:
KipKat

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11/18/2014 06:07 AM

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Re: Rosneft's Sechin Travels to Vienna Ahead of OPEC Meeting to debate the plunge in oil prices.
He should be worried his plane doesn't 'plunge'....
:kkwapper:
Uncle Fuck Stick  (OP)

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11/18/2014 08:01 AM
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Re: Rosneft's Sechin Travels to Vienna Ahead of OPEC Meeting to debate the plunge in oil prices.
Thread: Harvey Organ: BY DECEMBER GOLD WILL BE 3 TO 5 K AN OUNCE.. SILVER 200...DEATH OF PETRO DOLLAR ...by December


Harvey Organ- By December Whole Thing Going to Co…:
 Quoting: Uncle Fuck Stick

:4hlick:
Anonymous Coward
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11/18/2014 09:50 AM
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Re: Rosneft's Sechin Travels to Vienna Ahead of OPEC Meeting to debate the plunge in oil prices.
Thread: the shit is about to hit the fan


[link to www.themoscowtimes.com]
Top Russian oil producer Rosneft's Chief Executive Igor Sechin will fly to Vienna on Nov. 25, just two days before the Organization of the Petroleum Exporting Countries meets in the city to debate the plunge in oil prices.

The surprise announcement from the state-backed firm raised speculation that Sechin, a close ally of President Vladimir Putin, will discuss coordinating with OPEC to try stem the near 30 percent drop in oil prices since June.

Venezuela said Monday that its Foreign Minister Rafael Ramirez and Russian Energy Minister Alexander Novak had met in Moscow and discussed "the need to coordinate actions in defense" of prices in the oil market.

But Russia, the largest oil exporter outside OPEC, has so far made no statement about joining any possible production cut, even as the price drop threatens to tip its sanction-hit economy into recession. Previous overtures between the producer group and Russia have failed to produce results.

Oil's drop below $80 a barrel has raised the focus on the OPEC meeting, with traders billing it as the most pivotal since the 2008 financial crisis.

More in link
 Quoting: Uncle Fuck Stick


US sanctions and the opening of US economic warfare. Boom bitches.

Getting rich off selling us oil? Not right now LOL.

macgun
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11/18/2014 10:21 AM
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Re: Rosneft's Sechin Travels to Vienna Ahead of OPEC Meeting to debate the plunge in oil prices.
5*
Anonymous Coward
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Austria
11/18/2014 10:56 AM
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Re: Rosneft's Sechin Travels to Vienna Ahead of OPEC Meeting to debate the plunge in oil prices.
Oh poor things! I guess the 40 quadrillion percent profitz in the lst 15 years wasn't enough...
Anonymous Coward
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France
11/18/2014 11:08 AM
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Re: Rosneft's Sechin Travels to Vienna Ahead of OPEC Meeting to debate the plunge in oil prices.
OP's source link: Moscow Times is a well known CIA disinfo rag. In other words, the information and pics are totally out of context and fabricated. OPEC pumping oil to lower oil proces hurts US Shale and a rising dollar kills US exports. simple economics. OP is a disinfo bot.



Who owns the newspaper?
A: The Moscow Times is the founding publication of Sanoma Independent Media (SIM) Publishing House, which was established as Independent Media in March 1992 by a group of Dutch investors headed by Derk Sauer.

[link to www.themoscowtimes.com]
Anonymous Coward
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Belgium
11/18/2014 11:16 AM
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Re: Rosneft's Sechin Travels to Vienna Ahead of OPEC Meeting to debate the plunge in oil prices.
Less demand less money.And now they are crying out like babys.LLLLOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOLLLLLLLLLLLLLLLLL​LLLLLLLLLZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ.
Anonymous Coward
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02/16/2017 01:24 AM
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Re: Rosneft's Sechin Travels to Vienna Ahead of OPEC Meeting to debate the plunge in oil prices.
Rosneft and Sechin are about to become household words in the US bump





GLP