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Blow to Putin's War Machine As Saudi Arabia Ramps Up Oil Production
Saudi Arabia is prepared to abandon its $100-a-barrel crude oil price target as it moves to increase output, signaling its acceptance of lower prices, according to the Financial Times. This decision comes despite earlier production cuts by OPEC+ members, which sought to keep prices high. Brent crude prices dipped below $70 earlier this month, the lowest since December 2021. Despite this, officials plan to boost production starting December 1, potentially extending a period of reduced prices. This marks a shift from Saudi Arabia's previous focus on price stabilization. Saudi Arabia's ramp-up in oil production, especially if paired with lowered prices,...
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Breaking News (News/Activism)
- Kamala Harris says insomnia hit after Biden dropped out, was sleep deprived the day of Walz pick
- LIVE: President Trump Delivers Remarks to the Press in Valdosta, GA – 9/30/24 2PM EDT
- Woohoo! Last day of the quarter. Thank you all very much. God bless. [FReepathon]
- John Kerry Derides First Amendment as Major Roadblock to Government Being Able to “Hammer” Dissent “Out of Existence”
- LIVE: President Trump Holds a Rally in Erie, Pennsylvania – 9/29/24 2PM EDT
- Sunday Morning Talk Show Thread 29 September 2024
- At least 64 dead and millions without power after Helene’s deadly march across the Southeast
- Trump savages Kamala Harris in fiery Wisconsin speech
- Live Trump speaks in WI at 3:30PM Eastern!
- Israel's military says Hezbollah leader Hassan Nasrallah was killed in Beirut strike
- More ...
Front Page News (News/Activism)
- The “Modern Economy Rests on Single Road” in North Carolina Where Hurricane Helene Collapsed Bridges
- Commerce Sec’y: ‘Haven’t Been Particularly Involved’ on Port Strike that ‘Could Be Incredibly Disruptive to Commerce’
- Senate Democrat Introduces Bill to Expand SCOTUS(Wyden)
- Kamala Harris says insomnia hit after Biden dropped out, was sleep deprived the day of Walz pick
- Tim Walz Bragged of Mass Immigration Overwhelming Small Minnesota Town’s Schools with 50 Languages: ‘Beautiful Diversity’
- The US is sending a few thousand more troops to the Middle East to boost security
- Biden tells Israel not to invade Lebanon after killing Hezbollah leader: ‘Cease-fire now!’
- Spokesman for the U.S. State Department, Matthew Miller states that Israeli Officials have told the United States that they are conducting Limited-Operations focused on Hezbollah Military Infrastructure
- Why Can’t Kamala Harris Prove She Worked at McDonald’s (And Why It Matters)
- Hamas Commander Killed in Israeli Strike Led U.N. Refugee Agency Teachers’ Union
- More ...