Bei uns in der Küche stehen so viele Flaschen Olivenöl derzeit, ich überlege ernsthaft eine Aufnahmeantrag bei der #Opec zu stellen...

#SaudiArabia announced it would cut oil output again while #OPEC+ agreed to extend the oil output cuts they announced in April until the end of 2024, reducing production by more than 1 million barrels per day.

#EU is so fucked 🤣

#OPEC: #Saudis aren’t afraid of #US anymore

The shock oil production cuts from May outlined by the #OPEC+ on Sunday essentially means that eight key OPEC countries decided to join hands with #Russia to reduce oil production, messaging that OPEC and OPEC+ are now back in control of the oil market.

https://www.indianpunchline.com/opec-saudis-arent-afraid-of-us-anymore/

The price of oil could return to $100 a barrel as #SaudiArabia and #OPEC+ cut oil production.
The White House statement shows #US panic over the #China-#Saudi cooperation.

SEBs oljeanalytiker Bjarne Schieldrop kommenterar OPEC+ igår meddelade produktionsminskning som fick oljepriset att stiga. https://ravarumarknaden.se/bjarne-schieldrop-kommenterar-opecs-minskade-oljeproduktion/ #olja #opec

Ölpreise nach Förderkürzung der #OPEC+ stark gestiegen https://orf.at/stories/3311250/ #Wirtschaft

Originally posted by Anonymous Operations / @AnonOpsSE@twitter.com: https://twitter.com/AnonOpsSE/status/1642745594866196480#m

Make no mistake, the #EnergyWars, is started by #Russia, but carried on by all of #Opec+ and are in full swing Saudi Arabia and #OPEC+ are NOT allies but pushing a #Russian agenda to bully the EU into submission for supporting #Ukraine
#RussiaIsATerroristState
#RussianUkraineWar

#OPEC+ drosselt überraschend Ölproduktion https://orf.at/stories/3311203/ #Wirtschaft

the #EU_puppets are making moves to trace #Russia s money, forcing banks to disclose information about Russian central bank assets.
This may be part of a plan to seize assets to rebuild #ukraine
This is a dangerous move that opens a Pandora's box of unintended consequences and accelerates de-dollarization like never before.

No country including #OPEC will leave assets in the reach of #EU crooks.

Buy some popcorn and watch the western empire crumble before your eyes 🤣

There is no room for respect and cooperation with almost any country except Israel.
After the destruction of Ukraine, the entire EU will also turn against the US.
The expansion of #BRICS with the #OPEC countries and #Iran, makes the future of the #USA look terribly bleak and not only in the economic field.

Although I admit it would be very interesting to see an American commission recommending "cooperation and partnership" with the Iranians or the Afghans or the Serbs or, or or, or ......

By the end of 2021, the #US imported less than 500,000 bpd of crude oil from Saudi Arabia and continued to export oil and gas to many markets around the world. This had a huge impact on Saudi Arabia's market share. As of January, #NOPEC has been debated in the #USCongress. Once this bill is passed, #SaudiArabia and #OPEC will face an impact from the US on the global oil debate and even on the pricing mechanism. The war is on and victory is leaning towards the #BRICS.

Russia Decision to Shoot for Gold Could Move Global Energy Trade Away from the US #Dollar

In a powerful & disruptive move, Russia will offer a discount to any country that pays for Russian oil with gold. This will destroy the #petrodollar. This move puts pressure on #OPEC to do the same.
It’s a forgone conclusion where things are headed.

Was #Austria's Constitutional Court right in denying #OPEC #immunity from the jurisdiction of Austrian courts? Elizaveta Samoilova (Uni Graz) unpacks how the decision deals with relevant #CIL on this issue. https://voelkerrechtsblog.org/immunity-of-international-organisations-discarded/

#China's September agreement to pay for #Russian gas in rubles and yuan is in line with Russia's push to strengthen economic ties with China amid Western sanctions.
But the most important consequence is that in cooperation with #OPEC+, global de-dollarization is proceeding apace.

#OPEC+ has cut oil production and the United States is panicking. But the real concern is not about higher oil prices, but the future of the #US_dollar. The true fate of the US dollar lies in #Saudi Arabia. In fact, the #US could never have established #petrodollar hegemony without Saudi Arabia's cooperation.

#OPEC+'s decision to cut global oil production by 2 million barrels per day is far more significant than simply cutting global production by 2%.
It is an indisputable proof of the great dimensions that global hostility towards the #USA is now taking.
It is unmistakable evidence of defiance of US economic sanctions.
It is unmistakable evidence of contempt for the #dollar.
It is unmistakable evidence of contempt for the will of the US.
It is irrefutable proof that US hegemony is over.

Stupid #Ursula continues to push for an oil price cap while #OPEC+ has already announced a 2 million barrel cut.

I can already see the barrel reaching $300 by next summer.

#Europe is doomed to be destroyed because of the incompetence and stupidity of those who rule.

#CNN reports on #US attempts to dissuade #OPEC+ from voting to cut oil production

#OPEC+ oil output cut ahead of winter fans inflation concerns

https://www.reuters.com/business/energy/opec-cuts-ahead-winter-fan-global-inflation-concerns-2022-10-06/?taid=633ebe9649b6990001ff5614&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter

Concerns over tight oil supplies and soaring inflation have intensified after the #OPEC+ group of nations announced its largest supply cut since 2020 ahead of @EU_Commission embargoes on Russian energy