JEWISH KING JESUS IS COMING AT THE RAPTURE FOR US IN THE CLOUDS-DON'T MISS IT FOR THE WORLD.THE BIBLE TAKEN LITERALLY- WHEN THE PLAIN SENSE MAKES GOOD SENSE-SEEK NO OTHER SENSE-LEST YOU END UP IN NONSENSE.GET SAVED NOW- CALL ON JESUS TODAY.THE ONLY SAVIOR OF THE WHOLE EARTH - NO OTHER.
1 COR 15:23-JESUS THE FIRST FRUITS-CHRISTIANS RAPTURED TO JESUS-FIRST FRUITS OF THE SPIRIT-23 But every man in his own order: Christ the firstfruits; afterward they that are Christ’s at his coming.ROMANS 8:23 And not only they, but ourselves also, which have the firstfruits of the Spirit, even we ourselves groan within ourselves, waiting for the adoption, to wit, the redemption of our body.(THE PRE-TRIB RAPTURE)
CENTRAL BANKERS LENDER-BIS
https://www.bis.org/
FED CENTRAL BANKERS MEETING - JACKSON HOLE
https://www.kansascityfed.org/publications/research/escp/symposiums/escp-2015
https://www.kansascityfed.org/publications/research/escp
IMF
http://www.imf.org/external/index.htm
WORLD BANK
http://www.worldbank.org/
BANKING UNION BEFORE EURO ADOPTION
http://blog-imfdirect.imf.org/2015/08/19/banking-union-before-euro-adoption-flak-jacket-or-straitjacket/
REVIEW SDR -RESERVE IMF CURRENCY
http://www.imf.org/external/np/exr/facts/sdrcb.htm
http://www.imf.org/external/pubs/ft/survey/so/2015/POL080415A.htm
http://www.imf.org/external/np/exr/faq/sdrallocfaqs.htm
http://www.imf.org/external/pp/longres.aspx?id=4975
http://www.imf.org/external/np/sec/pr/2015/pr15384.htm
http://www.imf.org/external/pp/longres.aspx?id=4978
http://www.imf.org/external/np/tre/sdr/proposal/2009/0709.htm
CHIP UNDER THE SKIN
https://www.youtube.com/watch?v=LZ0YPDYx6lU
https://www.youtube.com/watch?v=kI-RAMBPz6w
https://www.youtube.com/watch?v=EcHQGno4EHQ
https://www.youtube.com/watch?v=HdxfG5MDk0I
https://www.youtube.com/watch?v=KatuQlioeRg
https://www.youtube.com/watch?v=9j9YHTwbPLo
https://www.youtube.com/watch?v=2DcAOkSUFlU
BIDEN AND CHIP IMPLANT-u will vote on it
https://www.youtube.com/watch?v=FQw68jl7KXc
https://www.youtube.com/watch?v=RvYnWBdmcQk
HUMAN CENTRIC SENSING
http://rsta.royalsocietypublishing.org/content/370/1958/176
INTERAC
https://www.interac.ca/en/security/what-is-chip
https://www.interac.ca/en/interac-debit/interac-debit-for-consumers
HOARDING OF GOLD AND SILVER
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.(IN 1 HR THE STOCK MARKETS WORLDWIDE WILL CRASH)
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.
REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
REVELATION 6:5-6
5 And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.
6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.(A DAYS WAGES FOR A LOAF OF BREAD)
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
The Shemitah is coming true.Do people not get it? There is a economic crash every 7 years.
1980: Recession
1987: Stock market crash
1994: Bond market crash
2001: 9/11, dot com, recession
2008: Housing crash
2015: See if something will happen-The central banks will be the death of us. Get ready and embrace yourself for the economic collapse.
UPDATE-SEPTEMBER 04,2015-12:00AM
DOW MARKET FRIDAY-SEPT 04,2015
09:30AM-200.07-
10:00AM-272.43-
10:30AM-212.85-
11:00AM-243.72-
11:30AM-241.18-
12:00PM-255.98-
12:30PM-303.23-
01:00PM-290.96-
01:30PM-331.88-
02:00PM-307.02-
02:30PM-329.44-
03:00PM-288.72-
03:30PM-291.89-
04:00PM-272.38- 16,102.38
HIGH -173 LOW -343
TSX -118.10 13,478.31 - GOLD -$3.00 $1,121.50 - OIL -$0.70 $46.06
THE STOCK MARKET BEFORE THE 8:30AM JOBS REPORT - DOW -146 POINTS. 217,000 JOBS EXPECTED FOR AUG DATA THE ACTUAL JOBS REPORT AT 8:30AM WAS 173,000 JOBS REPORTED. THE DOW INSTANTLY SKYROCKETED TO -170 POINTS-A MINUTE LATER FELL BACK TO -124 POINTS. AND NOW AT 8:45AM THE DOW FUTURES IS CURRENTLY AT -187 POINTS.
The Oil-Sands Glut Is About to Get a Lot Bigger-Jeremy Van Loon-Updated on September 4, 2015 — 11:20 AM EDT-bloomberg
The last place oil producers want to be when prices plummet to profit-demolishing lows is midstream on a billion-dollar project in one of the costliest parts of the planet to extract crude.Yet that’s exactly where half a dozen oil sands operators from Suncor Energy Inc. to Brion Energy Corp. find themselves with prices for Canadian oil now hovering around $30 a barrel. While all around them projects have been postponed or canceled, their investments were judged too far along when the oil game suddenly moved from offense to defense.These projects will add at least another 500,000 barrels a day -- roughly a 25 percent increase from Alberta -- to an oversupplied North American market by 2017. For companies stuck spending billions in a downturn, the time required to earn back their investments will lengthen considerably, said Rafi Tahmazian, senior portfolio manager at Canoe Financial LP.“But the implications of slowing down a project are worse,” said Tahmazian, who helps oversee about C$1 billion ($758 million) in energy funds at the Calgary investment firm.A general rule of thumb says new plants require a West Texas Intermediate price of $80 a barrel to break even. Western Canada Select, a blend of heavy Alberta crude, is currently selling at a discount of about $14 a barrel to the WTI benchmark, which lost 21 cents to $46.22 on the New York Mercantile Exchange at 11:15 a.m.-WTI Differentials-This differential for Alberta’s oil, based on such factors as quality and pipeline capacity, has ranged from $7 to $20 this year and exceeded $40 a barrel in late 2012 and part of 2013.Cenovus Energy Inc., a Calgary-based producer that uses steam technology to melt bitumen and pump it to the surface, has postponed two new projects until the oil price recovers. But it’s pressing ahead with expansions started before the downturn that will add 100,000 barrels of capacity by next year.“We do not want short-term pricing to dictate our investment in long-life, high-return oil sands projects,” Cenovus Chief Executive Officer Brian Ferguson told analysts in July, when WTI was trading near $50.Oil companies plan for price variations during the lives of long-term projects. Cenovus “stress tested” its expansion down to a price of $50 a barrel, a level that will allow it to continue paying a reduced dividend and fund some further growth, Ferguson said in July.-$50 Oil-Even $50 might appear optimistic now, with WTI briefly sinking below $40 in August and some analysts, including those at Citigroup Inc., forecasting prices in the low $30s. Cash flow for Cenovus can fluctuate by hundreds of millions of dollars with changing prices, but the company still aims for a 15 percent return over the life of its projects, said spokeswoman Sonja Franklin.There are some silver linings for those still expanding. The Canadian dollar, which has fallen in tandem with oil, boosts the bottom line, as do reduced costs for skilled tradesmen and materials.Canadian Natural Resources Ltd., Husky Energy and Japan Oil Sands are among those devoting precious capital to complete projects launched in better days.Cost-conscious Suncor Energy Inc. is also proceeding with one of the largest bitumen mines in the oil sands at its C$13 billion Fort Hills site. Once completed in 2017, Suncor President Steve Williams expects to stick to small tuck-in projects. “I don’t see the next mine being built quickly,” he said in a June interview.-Narrowing Returns-Return on investment for the life of the Fort Hills bitumen mine will probably be less than 9 percent compared with the original target of 13 percent, said Sam Labell, an analyst at Veritas Investment Research Corp. in Toronto.Returns on capital invested by Canada’s largest oil-sands producers reached 20 percent at some points over the past five years, according to data compiled by Bloomberg. That figure is now closer to zero or negative for companies such as Athabasca Oil Co. and Cenovus.Operators can more easily suspend projects in the “front-end” engineering phase, after which it becomes more painful because the money already in the ground produces zero return, said Labell. If a company has the capital available, it will tend to press ahead even though falling prices are eating into profits, he said.“There’s a lot of stress to come for the industry,” he said.Cost Affected-Northern Alberta’s oil-sands companies have been the single most affected region in the world since the global retreat on investment began last year, according to various analysts. All told, about 800,000 barrels a day of oil sands projects have been delayed or canceled, according to Wood Mackenzie Ltd., a research consultant.After the last prolonged price downturn in 1986, no new major oil sands plants were started well into the next decade. The projects caught in midstream today may again be the last ones built for the foreseeable future, experts say.“The economics have changed and there’s no promise things will come back to the way they were,” said Bob Schulz, a professor at the University of Calgary’s Haskayne School of Business. Once the current round of projects is finished, the planning boards are empty, he said.
U.S. Stocks Decline as Jobs Report Brings Little Clarity on Fed-Oliver Renick Anna-Louise Jackson-Updated on September 4, 2015 — 4:21 PM EDT-bloomberg
U.S. stocks slumped as August payrolls data gave little comfort to investors seeking direction on interest rates amid volatile global markets and growing concern about the economy’s strength.The Standard & Poor’s 500 Index lost 1.5 percent to 1,921.22 at 4 p.m. in New York. The benchmark index slid 3.4 percent for the week, its second-worst performance since December. The Dow Jones Industrial Average fell 272.38 points, or 1.7 percent, to 16,102.38. Equity markets will be closed Monday for Labor Day. Trading on U.S. exchanges was 10 percent below the three-month average.It’s “a glass-half-empty kind of day,” said Patrick Blais, a fund manager at Manulife Asset Management Ltd. in Toronto. He helps manage about C$280 billion at the firm. “Right now there’s a lot of nervousness so it’s natural for the market to react aggressively.”In the U.S. stock market, the S&P 500 had its sixth decline exceeding 1 percent in 12 days. Prior to that there’d been 10 such declines since January. The benchmark gauge has moved up or down by an average of more than 2 percent a day since falling out of its 2015 trading range on Aug. 20 -- almost four times as much as in the prior nine months.September is historically the worst month of the year for the S&P 500, with the equity gauge falling 1.1 percent on average based on data going back to 1927, according to data compiled by Bloomberg.“There’s a risk-off mentality rather than a risk-on one going into a three-day weekend for the U.S. and after the Chinese markets have been closed for four days,” Mark Spellman, a fund manager who helps oversee $4.2 billion at Alpine Funds in Purchase, New York, said by phone. “The weakness in the market is due primarily to continued global growth concerns.”Financial markets have been unable to shake off volatility that’s jolted markets amid concern China’s slowdown will spread. The Dow yesterday erased a rally of nearly 200 points as optimism over the European Central Bank’s revamp of quantitative easing faded. The gauge surged 1.8 percent Wednesday after tumbling 2.8 percent the day before.-Robotic Selling-Research from a JPMorgan Chase & Co. strategist this week argued that robotic selling by quantitative investment funds tuned to volatility and price trends -- which contributed to last month’s losses in U.S. stocks -- is only about halfway completed. Marko Kolanovic said such traders probably have to get rid of another $100 billion in stocks in the next one to three weeks.Data today showed U.S. employers added 173,000 workers in August and the jobless rate dropped to 5.1 percent. The gain in payrolls, while less than forecast, followed advances in July and June that were stronger than previously reported. The unemployment rate is the lowest since April 2008. Average hourly earnings climbed more than forecast and workers put in a longer workweek, the report also showed.The jobs report is the last major data point before the Fed meets later this month on Sept. 16-17 to discuss the timing of its first increase in interest rates in nearly a decade. Investors raised bets on a September liftoff to 30 percent from 26 percent before the jobs data, while that’s still less than the 48 percent odds predicted before China devalued the yuan on Aug. 11.“This is the first time the market has looked at a Fed meeting and really has no idea what the Fed is going to do,” said Mark Kepner, an equity trader at Themis Trading LLC in Chatham, New Jersey. “Right now you’re looking at the overall uncertainty and that’s what’s hanging on the market. I don’t think this number in and of itself changes how somebody’s going to vote.”-‘Significant Progress’-Fed Bank of Richmond President Jeffrey Lacker said the central bank should end the era of record-low interest rates, now that the impacts from winter weather and energy prices have passed. He said labor-market slack has been reduced to pre-recession levels, and shorter-term inflation measures are tracking the U.S. central bank’s 2 percent target.“It’s time to align our monetary policy with the significant progress we have made,” Lacker said in the text of a speech in Richmond.The Chicago Board Options Exchange Volatility Index rose 8.6 percent to 27.80. The gauge of market turbulence known as the VIX is up 6.7 percent for the week, after posting a record 135 percent jump in August.All 10 major industries in the S&P 500 fell more than 1.1 percent, with financial and raw-material shares dropping at least 1.9 percent. Goldman Sachs Group Inc. and JPMorgan Chase & Co. lost more than 1.9 percent to lead declines among the largest banks.Netflix Inc. slid for the sixth consecutive day, losing 2.3 percent. The stock is down 16 percent since Aug. 27, after more than doubling from the beginning of the year.Freeport-McMoRan Inc. tumbled 4.2 percent as copper dropped that most in eight weeks after Germany factory orders fell more than expected in July.Caterpillar Inc. lost 1.8 percent after the stock was downgraded to neutral from outperform at Robert Baird by equity analyst Mircea Dobre. Joy Global Inc. fell 1.4 percent, a day after it plunged the most in six years after cutting its 2015 outlook amid the global commodity downturn.
New approach to old alliance for Saudi King and Obama-Reuters By Angus McDowall-sept 3,15-yahoonews
RIYADH (Reuters) - Saudi Arabia's King Salman will meet U.S. President Barack Obama in Washington on Friday, aiming to push him for more support in Riyadh's efforts to counter Iran after it agreed to a nuclear deal that will relieve Tehran of some international pressure.Despite Saudi disappointment with Obama's push for a nuclear deal with Iran and his lack of direct action against President Bashar al-Assad in Syria, the U.S. role in Riyadh's war in Yemen shows Washington remains the kingdom's core strategic partner."The relationship is entering a new phase. It is still a partnership, but Saudi Arabia is becoming more independent. And I think the Americans like that. They are not objecting to our active foreign policy, but cooperating with us on that front," said Jamal Khashoggi, head of al-Arab News Channel, owned by Saudi Prince Alwaleed bin Talal.The relationship, a mainstay of the Middle East's security balance, has suffered turbulence since Riyadh faulted what it saw as Obama's withdrawal from the region, and a perceived tilt toward Iran since the 2011 Arab uprisings.Since Salman took power in January, he has abandoned Riyadh's traditional reliance on Washington to do the heavy lifting in Middle East security, instead embarking on a war in Yemen and boosting support for rebels against Assad in Syria.It showed both Riyadh's increasing sense of independence, and willingness to work with regional allies instead of Washington. But it also a more transactional approach to relations with the United States.Unlike at some earlier points in the relationship, cooperation now appears to be limited, either to instances where interests directly overlap, or to support in one area in exchange for another.Obama has been keen for Washington's allies to take on a bigger role in regional security issues as part of his efforts to reduce American involvement in the Middle East's many messy conflicts.On Wednesday, Jeff Prescott, National Security Council senior director for Iran, Iraq, Syria and the Gulf, told reporters that Washington had been "looking to support Saudi efforts to build their own capabilities and build their own capacity to act."-NUCLEAR FALLOUT-The clearest evidence of that shift in the relationship is in Yemen, where Riyadh formed a coalition of 10 Arab states in air strikes against the Iran-allied Houthi forces in March, a campaign that relies heavily on American military assistance.While U.S. officials have talked of a need for Riyadh to do more to avoid civilian casualties, Washington's role in accelerating weapons delivery as well as intelligence and logistical aid has been indispensable to the Saudi war effort.Many Saudis regard such material American support in the Yemen war as part of Obama's efforts to reassure the kingdom and its Gulf allies that the Iran nuclear deal does not mean Washington will allow Tehran to dominate the Middle East.Riyadh is convinced that Iran is bent on achieving regional hegemony through proxy militias in Lebanon, Syria, Iraq and Yemen, thereby destabilising the entire region and undermining the kingdom's own stability.Washington, while critical of Iran's regional role, does not see it in such dire terms.The Saudis fear that by relieving sanctions on Iran, the nuclear deal will give Tehran more money and political freedom to back clients like Hezbollah in Lebanon and Iraq's Shi'ite militias, as well as allies like Yemen's Houthis."Saudi Arabia is way more concerned about current regional matters, not the hypothetical threat from an Iranian bomb. Washington should not get free support for the deal unless they commit more to current Saudi concerns in the region," said Khashoggi of the al-Arab channel.Riyadh's public response to the deal, combining lukewarm praise with the proviso that its success would depend on tough inspections, was accompanied by private expressions of concern by Saudi officials.-SYRIAN CRISIS-The next big test of ties between the two countries is likely to be in Syria, where Saudi Arabia has frequently described Assad's use of air raids and artillery on civilian areas as genocidal, and has described Iran's support for militias there as constituting an occupation.While Obama has said Assad can have no role in Syria's future, his bigger focus has been on the militant threat posed by Islamic State.While Riyadh helped corral regional states to join U.S.-led air strikes against IS in Syria last year, it has been disappointed by Washington's limited efforts to train and arm non-jihadist rebel groups.Ben Rhodes, the U.S. deputy national security adviser, alluded to Washington's own worries that by backing the Syrian opposition too fulsomely, there was a risk of inadvertently strengthening militant groups, in comments to media on Wednesday."We want to make sure that when we are working with our Gulf partners and Turkey ... that we have a common view in terms of which opposition deserves our support and that we're seeking to isolate more extremist elements of the opposition," he said.Saudi Arabia, along with Qatar and Turkey, appears to have stepped up the backing of rebel groups this year, helping them to achieve advances against Assad. If its Yemen campaign succeeds, with American help, Riyadh may be emboldened to increase that support still further.(Additional reporting by Matt Spetalnik in Washington; Editing by Jeffrey Benkoe)
How OPEC’s Production Influences Crude Oil Prices-Market Realist By Gordon Kristopher-sept 3,15-yahoonews
OPEC (the Organization of the Petroleum Exporting Countries) produced 32.316 MMbpd (million barrels per day) of crude oil in August 2015 as per the preliminary estimates from Bloomberg. This is 108,000 barrels per day more than its July 2015 crude oil production. In contrast, Reuter’s preliminary surveys suggest crude oil output from OPEC fell in August 2015 to 31.77 MMbpd compared to 31.88 MMbpd in July 2015. The consensus of record production from OPEC and speculation of production hitting 33 MMbpd by the end of 2015 or early 2016 might pressure crude oil prices. This could find support by the possible lifting of oil sanctions from Iran. OPEC produced 32.469 MMbpd of crude oil in June 2015—the highest since August 2012.OPEC’s importance-OPEC operates as a cartel and controls 40% of the global crude oil production. It also exports about 60% of the crude oil that’s traded globally. In its last meeting, on June 5, 2015, OPEC’s member nations decided to maintain the group’s collective target of 30 MMbpd for the next six months in order to defend its market share.Saudi Arabia’s output-The Saudi kingpin produced 10.5 MMbpd of crude oil in August 2015 compared to 10.5 in July 2015. Saudi Arabia is OPEC’s largest crude oil producer. Citigroup estimates that at this output pace, Saudi Arabia could hit 11 MMbpd in 2H15. -Iraq’s massive oil exports-Iraq’s crude oil production increased by 100,000 bpd to 4.3 MMbpd in August 2015 compared to 4.194 MMbpd in July 2015. The surging crude oil exports from Iraq should also pressure the crude oil market. Exports hit a three-decade high in April 2015.Iran’s nuclear accord-Iran’s crude oil output rose by 5000 bpd to 2.9 MMbpd in August 2015 compared to 2.85 MMbpd of crude oil in July 2015. The easing of oil sanctions means that Iran could pump more crude oil in the long term, considering lower crude oil prices and strategic investments in Iranian oilfields.The current bullish momentum could benefit upstream producers like EOG Resources (EOG), Anadarko Petroleum (APC), and ConocoPhillips (COP). They account for 9.61% of the Energy Select Sector SPDR ETF (XLE). The crude oil mix output is greater than 41% of their total production. ETFs like the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) and the Select Sector SPDR Fund ETF (XLE) also benefit from higher oil prices.
Crude Oil Prices Volatile Due to Short Covering and Profit Booking-By Gordon Kristopher • Sep 3, 2015 11:07 am EDT-yahoonews
September WTI (West Texas Intermediate) crude oil futures contracts rallied for the fourth trading session in the last five days. Prices were trading close to their nearest resistance level of $49 per barrel on September 2, 2015. Crude oil prices are volatile due to short covering and profit booking.Profit booking and long-term oversupply concerns could drag crude oil prices lower. The nearest support for crude oil prices is at $38 per barrel. Prices tested this level in August 2015. In contrast, lower crude oil prices and speculation of increasing imports from India and South Korea could support crude oil prices. The next resistance level for crude oil prices is at $50 per barrel. Prices tested this level in August 2015.Citigroup estimates that WTI crude oil prices could hit $32 per barrel in the near term. The EIA (U.S. Energy Information Administration) estimates that crude oil prices could average around $49 per barrel in 2015 and $54 per barrel in 2016. The crude oil price chart suggests that crude oil prices could oscillate between $40 per barrel and $50 per barrel in the near term.The volatility in crude oil prices affects crude oil producers like Newfield (NFX), Noble Energy (NBL), and Devon Energy (DVN). They account for 3.07% of the Energy Select Sector SPDR ETF (XLE). The crude oil production mix of these stocks is more than 41% of their total production.Falling crude oil prices benefit ETFs like the ProShares Ultra Short Bloomberg Crude Oil ETF (SCO). In contrast, ETFs like the Velocity Shares 3X Long Crude ETN (UWTI) benefit from rising crude oil prices.-Energy and Power Performance-1m3m6mYTD1y3y5yClick Ticker Above to Show/Hide on Graph SCOUWTINFXNBLDVNXLE (Energy Select Sector SPDR (ETF))Jan '15May '15Sep '…Jan '16-200%0% + 200% + 400%
OTHER STORIES
http://israndjer.blogspot.ca/2015/08/is-america-counting-on-tower-of-babel.html
http://israndjer.blogspot.ca/2015/08/will-there-be-microchip-implant-that.html
http://israndjer.blogspot.ca/2015/09/rumours-next-year-european-union-is.html
IRAN-SAUDI-ARABIA PROPHECY AND WW3
http://israndjer.blogspot.ca/2015/09/jewish-rabbi-predicts-saudi-arabiairan.html
CHINA DEVALUES CURRENCY FOR AMERICAN INTEREST RATE RISE SPECULATION
http://israndjer.blogspot.ca/2015/09/china-is-on-holidays-for-rest-of-week.html
http://israndjer.blogspot.ca/2015/09/china-should-clearly-explain-their.html
http://israndjer.blogspot.ca/2015/08/whats-real-reason-for-latest-market.html
http://israndjer.blogspot.ca/2015/08/last-day-of-aug-trading-what-will-sept.html
http://israndjer.blogspot.ca/2015/08/after-619-point-rise-yesterday-see-what.html
http://israndjer.blogspot.ca/2015/08/yesterday-dow-was-up-440-points-and.html
http://israndjer.blogspot.ca/2015/08/i-believe-this-china-devaluing-of-its.html
CENTRAL BANKERS LENDER-BIS
https://www.bis.org/
FED CENTRAL BANKERS MEETING - JACKSON HOLE
https://www.kansascityfed.org/publications/research/escp/symposiums/escp-2015
https://www.kansascityfed.org/publications/research/escp
IMF
http://www.imf.org/external/index.htm
WORLD BANK
http://www.worldbank.org/
BANKING UNION BEFORE EURO ADOPTION
http://blog-imfdirect.imf.org/2015/08/19/banking-union-before-euro-adoption-flak-jacket-or-straitjacket/
REVIEW SDR -RESERVE IMF CURRENCY
http://www.imf.org/external/np/exr/facts/sdrcb.htm
http://www.imf.org/external/pubs/ft/survey/so/2015/POL080415A.htm
http://www.imf.org/external/np/exr/faq/sdrallocfaqs.htm
http://www.imf.org/external/pp/longres.aspx?id=4975
http://www.imf.org/external/np/sec/pr/2015/pr15384.htm
http://www.imf.org/external/pp/longres.aspx?id=4978
http://www.imf.org/external/np/tre/sdr/proposal/2009/0709.htm
CHIP UNDER THE SKIN
https://www.youtube.com/watch?v=LZ0YPDYx6lU
https://www.youtube.com/watch?v=kI-RAMBPz6w
https://www.youtube.com/watch?v=EcHQGno4EHQ
https://www.youtube.com/watch?v=HdxfG5MDk0I
https://www.youtube.com/watch?v=KatuQlioeRg
https://www.youtube.com/watch?v=9j9YHTwbPLo
https://www.youtube.com/watch?v=2DcAOkSUFlU
BIDEN AND CHIP IMPLANT-u will vote on it
https://www.youtube.com/watch?v=FQw68jl7KXc
https://www.youtube.com/watch?v=RvYnWBdmcQk
HUMAN CENTRIC SENSING
http://rsta.royalsocietypublishing.org/content/370/1958/176
INTERAC
https://www.interac.ca/en/security/what-is-chip
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HOARDING OF GOLD AND SILVER
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.(IN 1 HR THE STOCK MARKETS WORLDWIDE WILL CRASH)
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.
REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
REVELATION 6:5-6
5 And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.
6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.(A DAYS WAGES FOR A LOAF OF BREAD)
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
The Shemitah is coming true.Do people not get it? There is a economic crash every 7 years.
1980: Recession
1987: Stock market crash
1994: Bond market crash
2001: 9/11, dot com, recession
2008: Housing crash
2015: See if something will happen-The central banks will be the death of us. Get ready and embrace yourself for the economic collapse.
UPDATE-SEPTEMBER 04,2015-12:00AM
DOW MARKET FRIDAY-SEPT 04,2015
09:30AM-200.07-
10:00AM-272.43-
10:30AM-212.85-
11:00AM-243.72-
11:30AM-241.18-
12:00PM-255.98-
12:30PM-303.23-
01:00PM-290.96-
01:30PM-331.88-
02:00PM-307.02-
02:30PM-329.44-
03:00PM-288.72-
03:30PM-291.89-
04:00PM-272.38- 16,102.38
HIGH -173 LOW -343
TSX -118.10 13,478.31 - GOLD -$3.00 $1,121.50 - OIL -$0.70 $46.06
THE STOCK MARKET BEFORE THE 8:30AM JOBS REPORT - DOW -146 POINTS. 217,000 JOBS EXPECTED FOR AUG DATA THE ACTUAL JOBS REPORT AT 8:30AM WAS 173,000 JOBS REPORTED. THE DOW INSTANTLY SKYROCKETED TO -170 POINTS-A MINUTE LATER FELL BACK TO -124 POINTS. AND NOW AT 8:45AM THE DOW FUTURES IS CURRENTLY AT -187 POINTS.
The Oil-Sands Glut Is About to Get a Lot Bigger-Jeremy Van Loon-Updated on September 4, 2015 — 11:20 AM EDT-bloomberg
The last place oil producers want to be when prices plummet to profit-demolishing lows is midstream on a billion-dollar project in one of the costliest parts of the planet to extract crude.Yet that’s exactly where half a dozen oil sands operators from Suncor Energy Inc. to Brion Energy Corp. find themselves with prices for Canadian oil now hovering around $30 a barrel. While all around them projects have been postponed or canceled, their investments were judged too far along when the oil game suddenly moved from offense to defense.These projects will add at least another 500,000 barrels a day -- roughly a 25 percent increase from Alberta -- to an oversupplied North American market by 2017. For companies stuck spending billions in a downturn, the time required to earn back their investments will lengthen considerably, said Rafi Tahmazian, senior portfolio manager at Canoe Financial LP.“But the implications of slowing down a project are worse,” said Tahmazian, who helps oversee about C$1 billion ($758 million) in energy funds at the Calgary investment firm.A general rule of thumb says new plants require a West Texas Intermediate price of $80 a barrel to break even. Western Canada Select, a blend of heavy Alberta crude, is currently selling at a discount of about $14 a barrel to the WTI benchmark, which lost 21 cents to $46.22 on the New York Mercantile Exchange at 11:15 a.m.-WTI Differentials-This differential for Alberta’s oil, based on such factors as quality and pipeline capacity, has ranged from $7 to $20 this year and exceeded $40 a barrel in late 2012 and part of 2013.Cenovus Energy Inc., a Calgary-based producer that uses steam technology to melt bitumen and pump it to the surface, has postponed two new projects until the oil price recovers. But it’s pressing ahead with expansions started before the downturn that will add 100,000 barrels of capacity by next year.“We do not want short-term pricing to dictate our investment in long-life, high-return oil sands projects,” Cenovus Chief Executive Officer Brian Ferguson told analysts in July, when WTI was trading near $50.Oil companies plan for price variations during the lives of long-term projects. Cenovus “stress tested” its expansion down to a price of $50 a barrel, a level that will allow it to continue paying a reduced dividend and fund some further growth, Ferguson said in July.-$50 Oil-Even $50 might appear optimistic now, with WTI briefly sinking below $40 in August and some analysts, including those at Citigroup Inc., forecasting prices in the low $30s. Cash flow for Cenovus can fluctuate by hundreds of millions of dollars with changing prices, but the company still aims for a 15 percent return over the life of its projects, said spokeswoman Sonja Franklin.There are some silver linings for those still expanding. The Canadian dollar, which has fallen in tandem with oil, boosts the bottom line, as do reduced costs for skilled tradesmen and materials.Canadian Natural Resources Ltd., Husky Energy and Japan Oil Sands are among those devoting precious capital to complete projects launched in better days.Cost-conscious Suncor Energy Inc. is also proceeding with one of the largest bitumen mines in the oil sands at its C$13 billion Fort Hills site. Once completed in 2017, Suncor President Steve Williams expects to stick to small tuck-in projects. “I don’t see the next mine being built quickly,” he said in a June interview.-Narrowing Returns-Return on investment for the life of the Fort Hills bitumen mine will probably be less than 9 percent compared with the original target of 13 percent, said Sam Labell, an analyst at Veritas Investment Research Corp. in Toronto.Returns on capital invested by Canada’s largest oil-sands producers reached 20 percent at some points over the past five years, according to data compiled by Bloomberg. That figure is now closer to zero or negative for companies such as Athabasca Oil Co. and Cenovus.Operators can more easily suspend projects in the “front-end” engineering phase, after which it becomes more painful because the money already in the ground produces zero return, said Labell. If a company has the capital available, it will tend to press ahead even though falling prices are eating into profits, he said.“There’s a lot of stress to come for the industry,” he said.Cost Affected-Northern Alberta’s oil-sands companies have been the single most affected region in the world since the global retreat on investment began last year, according to various analysts. All told, about 800,000 barrels a day of oil sands projects have been delayed or canceled, according to Wood Mackenzie Ltd., a research consultant.After the last prolonged price downturn in 1986, no new major oil sands plants were started well into the next decade. The projects caught in midstream today may again be the last ones built for the foreseeable future, experts say.“The economics have changed and there’s no promise things will come back to the way they were,” said Bob Schulz, a professor at the University of Calgary’s Haskayne School of Business. Once the current round of projects is finished, the planning boards are empty, he said.
U.S. Stocks Decline as Jobs Report Brings Little Clarity on Fed-Oliver Renick Anna-Louise Jackson-Updated on September 4, 2015 — 4:21 PM EDT-bloomberg
U.S. stocks slumped as August payrolls data gave little comfort to investors seeking direction on interest rates amid volatile global markets and growing concern about the economy’s strength.The Standard & Poor’s 500 Index lost 1.5 percent to 1,921.22 at 4 p.m. in New York. The benchmark index slid 3.4 percent for the week, its second-worst performance since December. The Dow Jones Industrial Average fell 272.38 points, or 1.7 percent, to 16,102.38. Equity markets will be closed Monday for Labor Day. Trading on U.S. exchanges was 10 percent below the three-month average.It’s “a glass-half-empty kind of day,” said Patrick Blais, a fund manager at Manulife Asset Management Ltd. in Toronto. He helps manage about C$280 billion at the firm. “Right now there’s a lot of nervousness so it’s natural for the market to react aggressively.”In the U.S. stock market, the S&P 500 had its sixth decline exceeding 1 percent in 12 days. Prior to that there’d been 10 such declines since January. The benchmark gauge has moved up or down by an average of more than 2 percent a day since falling out of its 2015 trading range on Aug. 20 -- almost four times as much as in the prior nine months.September is historically the worst month of the year for the S&P 500, with the equity gauge falling 1.1 percent on average based on data going back to 1927, according to data compiled by Bloomberg.“There’s a risk-off mentality rather than a risk-on one going into a three-day weekend for the U.S. and after the Chinese markets have been closed for four days,” Mark Spellman, a fund manager who helps oversee $4.2 billion at Alpine Funds in Purchase, New York, said by phone. “The weakness in the market is due primarily to continued global growth concerns.”Financial markets have been unable to shake off volatility that’s jolted markets amid concern China’s slowdown will spread. The Dow yesterday erased a rally of nearly 200 points as optimism over the European Central Bank’s revamp of quantitative easing faded. The gauge surged 1.8 percent Wednesday after tumbling 2.8 percent the day before.-Robotic Selling-Research from a JPMorgan Chase & Co. strategist this week argued that robotic selling by quantitative investment funds tuned to volatility and price trends -- which contributed to last month’s losses in U.S. stocks -- is only about halfway completed. Marko Kolanovic said such traders probably have to get rid of another $100 billion in stocks in the next one to three weeks.Data today showed U.S. employers added 173,000 workers in August and the jobless rate dropped to 5.1 percent. The gain in payrolls, while less than forecast, followed advances in July and June that were stronger than previously reported. The unemployment rate is the lowest since April 2008. Average hourly earnings climbed more than forecast and workers put in a longer workweek, the report also showed.The jobs report is the last major data point before the Fed meets later this month on Sept. 16-17 to discuss the timing of its first increase in interest rates in nearly a decade. Investors raised bets on a September liftoff to 30 percent from 26 percent before the jobs data, while that’s still less than the 48 percent odds predicted before China devalued the yuan on Aug. 11.“This is the first time the market has looked at a Fed meeting and really has no idea what the Fed is going to do,” said Mark Kepner, an equity trader at Themis Trading LLC in Chatham, New Jersey. “Right now you’re looking at the overall uncertainty and that’s what’s hanging on the market. I don’t think this number in and of itself changes how somebody’s going to vote.”-‘Significant Progress’-Fed Bank of Richmond President Jeffrey Lacker said the central bank should end the era of record-low interest rates, now that the impacts from winter weather and energy prices have passed. He said labor-market slack has been reduced to pre-recession levels, and shorter-term inflation measures are tracking the U.S. central bank’s 2 percent target.“It’s time to align our monetary policy with the significant progress we have made,” Lacker said in the text of a speech in Richmond.The Chicago Board Options Exchange Volatility Index rose 8.6 percent to 27.80. The gauge of market turbulence known as the VIX is up 6.7 percent for the week, after posting a record 135 percent jump in August.All 10 major industries in the S&P 500 fell more than 1.1 percent, with financial and raw-material shares dropping at least 1.9 percent. Goldman Sachs Group Inc. and JPMorgan Chase & Co. lost more than 1.9 percent to lead declines among the largest banks.Netflix Inc. slid for the sixth consecutive day, losing 2.3 percent. The stock is down 16 percent since Aug. 27, after more than doubling from the beginning of the year.Freeport-McMoRan Inc. tumbled 4.2 percent as copper dropped that most in eight weeks after Germany factory orders fell more than expected in July.Caterpillar Inc. lost 1.8 percent after the stock was downgraded to neutral from outperform at Robert Baird by equity analyst Mircea Dobre. Joy Global Inc. fell 1.4 percent, a day after it plunged the most in six years after cutting its 2015 outlook amid the global commodity downturn.
New approach to old alliance for Saudi King and Obama-Reuters By Angus McDowall-sept 3,15-yahoonews
RIYADH (Reuters) - Saudi Arabia's King Salman will meet U.S. President Barack Obama in Washington on Friday, aiming to push him for more support in Riyadh's efforts to counter Iran after it agreed to a nuclear deal that will relieve Tehran of some international pressure.Despite Saudi disappointment with Obama's push for a nuclear deal with Iran and his lack of direct action against President Bashar al-Assad in Syria, the U.S. role in Riyadh's war in Yemen shows Washington remains the kingdom's core strategic partner."The relationship is entering a new phase. It is still a partnership, but Saudi Arabia is becoming more independent. And I think the Americans like that. They are not objecting to our active foreign policy, but cooperating with us on that front," said Jamal Khashoggi, head of al-Arab News Channel, owned by Saudi Prince Alwaleed bin Talal.The relationship, a mainstay of the Middle East's security balance, has suffered turbulence since Riyadh faulted what it saw as Obama's withdrawal from the region, and a perceived tilt toward Iran since the 2011 Arab uprisings.Since Salman took power in January, he has abandoned Riyadh's traditional reliance on Washington to do the heavy lifting in Middle East security, instead embarking on a war in Yemen and boosting support for rebels against Assad in Syria.It showed both Riyadh's increasing sense of independence, and willingness to work with regional allies instead of Washington. But it also a more transactional approach to relations with the United States.Unlike at some earlier points in the relationship, cooperation now appears to be limited, either to instances where interests directly overlap, or to support in one area in exchange for another.Obama has been keen for Washington's allies to take on a bigger role in regional security issues as part of his efforts to reduce American involvement in the Middle East's many messy conflicts.On Wednesday, Jeff Prescott, National Security Council senior director for Iran, Iraq, Syria and the Gulf, told reporters that Washington had been "looking to support Saudi efforts to build their own capabilities and build their own capacity to act."-NUCLEAR FALLOUT-The clearest evidence of that shift in the relationship is in Yemen, where Riyadh formed a coalition of 10 Arab states in air strikes against the Iran-allied Houthi forces in March, a campaign that relies heavily on American military assistance.While U.S. officials have talked of a need for Riyadh to do more to avoid civilian casualties, Washington's role in accelerating weapons delivery as well as intelligence and logistical aid has been indispensable to the Saudi war effort.Many Saudis regard such material American support in the Yemen war as part of Obama's efforts to reassure the kingdom and its Gulf allies that the Iran nuclear deal does not mean Washington will allow Tehran to dominate the Middle East.Riyadh is convinced that Iran is bent on achieving regional hegemony through proxy militias in Lebanon, Syria, Iraq and Yemen, thereby destabilising the entire region and undermining the kingdom's own stability.Washington, while critical of Iran's regional role, does not see it in such dire terms.The Saudis fear that by relieving sanctions on Iran, the nuclear deal will give Tehran more money and political freedom to back clients like Hezbollah in Lebanon and Iraq's Shi'ite militias, as well as allies like Yemen's Houthis."Saudi Arabia is way more concerned about current regional matters, not the hypothetical threat from an Iranian bomb. Washington should not get free support for the deal unless they commit more to current Saudi concerns in the region," said Khashoggi of the al-Arab channel.Riyadh's public response to the deal, combining lukewarm praise with the proviso that its success would depend on tough inspections, was accompanied by private expressions of concern by Saudi officials.-SYRIAN CRISIS-The next big test of ties between the two countries is likely to be in Syria, where Saudi Arabia has frequently described Assad's use of air raids and artillery on civilian areas as genocidal, and has described Iran's support for militias there as constituting an occupation.While Obama has said Assad can have no role in Syria's future, his bigger focus has been on the militant threat posed by Islamic State.While Riyadh helped corral regional states to join U.S.-led air strikes against IS in Syria last year, it has been disappointed by Washington's limited efforts to train and arm non-jihadist rebel groups.Ben Rhodes, the U.S. deputy national security adviser, alluded to Washington's own worries that by backing the Syrian opposition too fulsomely, there was a risk of inadvertently strengthening militant groups, in comments to media on Wednesday."We want to make sure that when we are working with our Gulf partners and Turkey ... that we have a common view in terms of which opposition deserves our support and that we're seeking to isolate more extremist elements of the opposition," he said.Saudi Arabia, along with Qatar and Turkey, appears to have stepped up the backing of rebel groups this year, helping them to achieve advances against Assad. If its Yemen campaign succeeds, with American help, Riyadh may be emboldened to increase that support still further.(Additional reporting by Matt Spetalnik in Washington; Editing by Jeffrey Benkoe)
How OPEC’s Production Influences Crude Oil Prices-Market Realist By Gordon Kristopher-sept 3,15-yahoonews
OPEC (the Organization of the Petroleum Exporting Countries) produced 32.316 MMbpd (million barrels per day) of crude oil in August 2015 as per the preliminary estimates from Bloomberg. This is 108,000 barrels per day more than its July 2015 crude oil production. In contrast, Reuter’s preliminary surveys suggest crude oil output from OPEC fell in August 2015 to 31.77 MMbpd compared to 31.88 MMbpd in July 2015. The consensus of record production from OPEC and speculation of production hitting 33 MMbpd by the end of 2015 or early 2016 might pressure crude oil prices. This could find support by the possible lifting of oil sanctions from Iran. OPEC produced 32.469 MMbpd of crude oil in June 2015—the highest since August 2012.OPEC’s importance-OPEC operates as a cartel and controls 40% of the global crude oil production. It also exports about 60% of the crude oil that’s traded globally. In its last meeting, on June 5, 2015, OPEC’s member nations decided to maintain the group’s collective target of 30 MMbpd for the next six months in order to defend its market share.Saudi Arabia’s output-The Saudi kingpin produced 10.5 MMbpd of crude oil in August 2015 compared to 10.5 in July 2015. Saudi Arabia is OPEC’s largest crude oil producer. Citigroup estimates that at this output pace, Saudi Arabia could hit 11 MMbpd in 2H15. -Iraq’s massive oil exports-Iraq’s crude oil production increased by 100,000 bpd to 4.3 MMbpd in August 2015 compared to 4.194 MMbpd in July 2015. The surging crude oil exports from Iraq should also pressure the crude oil market. Exports hit a three-decade high in April 2015.Iran’s nuclear accord-Iran’s crude oil output rose by 5000 bpd to 2.9 MMbpd in August 2015 compared to 2.85 MMbpd of crude oil in July 2015. The easing of oil sanctions means that Iran could pump more crude oil in the long term, considering lower crude oil prices and strategic investments in Iranian oilfields.The current bullish momentum could benefit upstream producers like EOG Resources (EOG), Anadarko Petroleum (APC), and ConocoPhillips (COP). They account for 9.61% of the Energy Select Sector SPDR ETF (XLE). The crude oil mix output is greater than 41% of their total production. ETFs like the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) and the Select Sector SPDR Fund ETF (XLE) also benefit from higher oil prices.
Crude Oil Prices Volatile Due to Short Covering and Profit Booking-By Gordon Kristopher • Sep 3, 2015 11:07 am EDT-yahoonews
September WTI (West Texas Intermediate) crude oil futures contracts rallied for the fourth trading session in the last five days. Prices were trading close to their nearest resistance level of $49 per barrel on September 2, 2015. Crude oil prices are volatile due to short covering and profit booking.Profit booking and long-term oversupply concerns could drag crude oil prices lower. The nearest support for crude oil prices is at $38 per barrel. Prices tested this level in August 2015. In contrast, lower crude oil prices and speculation of increasing imports from India and South Korea could support crude oil prices. The next resistance level for crude oil prices is at $50 per barrel. Prices tested this level in August 2015.Citigroup estimates that WTI crude oil prices could hit $32 per barrel in the near term. The EIA (U.S. Energy Information Administration) estimates that crude oil prices could average around $49 per barrel in 2015 and $54 per barrel in 2016. The crude oil price chart suggests that crude oil prices could oscillate between $40 per barrel and $50 per barrel in the near term.The volatility in crude oil prices affects crude oil producers like Newfield (NFX), Noble Energy (NBL), and Devon Energy (DVN). They account for 3.07% of the Energy Select Sector SPDR ETF (XLE). The crude oil production mix of these stocks is more than 41% of their total production.Falling crude oil prices benefit ETFs like the ProShares Ultra Short Bloomberg Crude Oil ETF (SCO). In contrast, ETFs like the Velocity Shares 3X Long Crude ETN (UWTI) benefit from rising crude oil prices.-Energy and Power Performance-1m3m6mYTD1y3y5yClick Ticker Above to Show/Hide on Graph SCOUWTINFXNBLDVNXLE (Energy Select Sector SPDR (ETF))Jan '15May '15Sep '…Jan '16-200%0% + 200% + 400%
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http://israndjer.blogspot.ca/2015/08/is-america-counting-on-tower-of-babel.html
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http://israndjer.blogspot.ca/2015/09/rumours-next-year-european-union-is.html
IRAN-SAUDI-ARABIA PROPHECY AND WW3
http://israndjer.blogspot.ca/2015/09/jewish-rabbi-predicts-saudi-arabiairan.html
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http://israndjer.blogspot.ca/2015/09/china-is-on-holidays-for-rest-of-week.html
http://israndjer.blogspot.ca/2015/09/china-should-clearly-explain-their.html
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Tim Love, scotus plaintiff, in Ashland "I believe in religious rights, but the courthouse is not Kim Davis' church"- pic-ChrisKenning-look at the hate coming from these Sodomites against Christianity and Kim Davis. 
Russian president Vladimir Putin, Chinese president Xi Jinping and South
Korea president Park Geun-hye. Photograph: Xinhua/REX Shutterstock