WASHINGTON—Three influential Federal Reserve officials said the central bank could raise short-term interest rates at its meeting next month, pushing back against investors who put low odds on such a move.
Luckily, the group has its own website called, not surprisingly, Niger Delta Avengers, which while somewhat unoptimized is very social-media friendly and even has a convenient section allowing outside parties to contact the millitants.
Some other notable oddities: the website was created on February 3, 2016 using godaddy as registrar.
The website has its own news blog, where it has posted such stories as "Niger Delta Avengers Zero Chevron Operations", "STOP KILLING NIGER DELTANS IN THE GUISE OF ESCORTING OIL TANKERS", and "KEEP YOUR THREAT TO YOURSELF MR. PRESIDENT; WE SHALL CONTINUE TO DO WHATEVER IS NECESSARY TO PROTECT THE NIGER DELTA INTEREST", all authored by the same person, one Col. Madoch Agbinibo, NDA spokesman.
API V EIA...will we be playin' ----HIDE THE BIG BUILD NUMBER --- again tom??
Linked ZH - worth the read. -
""""What is odd is how unexpectedly this group of African "freedom fighters" emerged, and created a website no less just as oil hit a 13 year low. One almost wonders if there was not certain western financial and military backing behind said group of "freedom fighters", perhaps backing that has an interest in the price of oil going higher, and thus any sunk costs to fund and arm the NDA would be promptly recovered once oil jumped... as it has in the past week as a result of none other than Goldman highlighting Nigeria's oil supply problems and making it the basis for their "bullish" (if only in the shorter-term) oil call. """"""
Got on my Tin Hat...wudn't put it past ya
Manny I Pulation
dc CB 23:19:33 GMT - 05/16/2016
forgot to mention in the losers column: all those individuals and funds that bought the Stock with the promise of HiYields, sold to them (miss-sold, hyped) as a way to be part of the New New.
Livingston nh 22:53:14 GMT - 05/16/2016
Cb - we'd be in a lot better place if we put the TBTF myth out to pasture but they're special -- wonder why so many economists work for ___ing banks
dc CB 22:51:22 GMT - 05/16/2016
they can also arrrange to blow some of it up, or otherwise take it off line.
JP - Indeed, commodities are different -- demand is always the key in commodities -- it's why the OW&B folks kept warning about PEAK OIL they want you to believe DEMAND will exceed SUPPLY (Malthus)
dc CB 22:47:30 GMT - 05/16/2016
Livingston nh 21:25 GMT
Folks shouldn't misunderstand bankruptcy law in the US.
These companies "restructure debt" under bankruptcy. The company does not disolve, Whoever holds the debt eats the loss. ie the Banks...or rather whoever was unfortunate to purchase the (bank's) repackaged loans. The winner in that deal was whoever took out a deriv that bet on those vehicles going to Zero. (see The Mortgage Crisis circa 2006-2008)
nh and when supply gets cheaper one tries to make up lower profits by increasing volume... and the fun part (for crap loan holding banks) is when increased volume hits a demand brick wall er ... should I say storage tank steel wall
Mtl JP 21:51:34 GMT - 05/16/2016
note that oil rig does not pump oil rather it is a drill that explores for oil (and gas). The so what... it means is that lower count of exploratory drilling has no effect on current levels of oil pumping as an out-of-work geologist from Calgary explained to me. Lower/higher drilling is only a response to current wells running dry and /or future demand for oil curve.
nw kw 21:35:07 GMT - 05/16/2016
so rig count clues doom in false info. need 5 rigs do work of 200
nw kw 21:32:09 GMT - 05/16/2016
see gold get refinanced 2 years in gutter so oil can be same for bit
and eur QE add tin can cars is oils saver ,pit.
nw kw 21:29:25 GMT - 05/16/2016
not supply but production? cheaper, 10 to 1 drilling capacity changed keeping them in game f sods, by by off shore-gbp
usa can live at 20.00 ,pit.
Livingston nh 21:25:26 GMT - 05/16/2016
Folks shouldn't misunderstand bankruptcy law in the US and the difference between TBTF whiners (i.e., Paulson et al) and commodity producers -- the shale oil doesn't go away // supply gets cheaper -- keep that in mind
nw kw 21:25:20 GMT - 05/16/2016
gbpjpy thin but gbpaud crowded so if aud folds go for yen?
nw kw 21:22:57 GMT - 05/16/2016
meant nzd but long u/j for pop 4h chart trapped small pull and stop. gl. kw.
nw kw 21:21:07 GMT - 05/16/2016
nxd has unreal in land oil and ngs? 5 to 10y planning.
nw kw 21:17:15 GMT - 05/16/2016
so usa will not allow this inland take over free cash gov.
jp- stop using sod oil
nw kw 21:14:39 GMT - 05/16/2016
worried for off shore oil will get in land - arbitration. so oil 80
Mtl JP 21:06:57 GMT - 05/16/2016
just to be clear about $50 barrel: it is not a hurrah day for US shale oil producers who are under tight squeeze by their highly likely very worried banker lenders
Mtl JP 20:57:23 GMT - 05/16/2016
CB 19:49 furthermore to oil price ramp: what is there to deny (like I do not have solid proof) that CBs are behind crude demand driving it when their banking buddies are at risk with their loans to going NPerforming ?
dc CB 19:49 / market is like Nature: death of some = life to others
except that in things human things are sometimes counter-natural: even some bankrupt one continue to pump according to industry accounts. And then as price creeps up, some shut-in well will re-open , like one vulture landing on a carcass attracts additional corpus delictors of all types.
dc CB 19:49:48 GMT - 05/16/2016
Too late for some> Another bankruptcy today.
Oil producers are taking advantage of the rebound in crude markets to lock in protection against another slump.
They increased their bets on falling prices to the highest level in 4 1/2 years as U.S. inventories of stored oil remained near an 87-year high, while a natural disaster in Canada and militant attacks in Africa curtailed output. Negative sentiment among the group expanded for a third consecutive week, the longest streak since February.
Energy companies from EOG Resources Corp. to Chesapeake Energy Corp. used financial instruments such as futures, swaps and collars to guard against another fall in prices. West Texas Intermediate oil, the benchmark U.S. crude, has gained more than 75 percent since hitting a 12-year low in mid-February.
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
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