Daily Archive: Friday, March 30, 2012

Saudi price setting

Saudi Oil Minister: There’s No Shortage of Supply By Amena Bakr March 1 (Reuters) — Top oil exporter Saudi Arabia sought to soothe fears about high oil prices, saying on Tuesday world supplies were well in excess of demand and that $125-a-barrel crude prices were not justified given the anemic state of ...Read More

NORWAY OIL FUND TO CUT EUROPE BOND HOLDINGS TO 40% FROM 60%

Rats leaving the sinking ship… NORWAY OIL FUND TO CUT EUROPE BOND HOLDINGS TO 40% FROM 60% ...Read More

Was Quantitative Easing A Tax?

Good to see someone telling it like it is! Was Quantitative Easing a Tax? By John Carney March 29 (CNBC) — In the last of his four lectures to students at George Washington University, Ben Bernanke explained how the Fed’s quantitative easing programs worked. As it turns out, they were akin to ...Read More