General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSaudis announce big price cuts. World oil price war.
Down $4 to $5 on world market and down $7 to US market. Big blow to Russia as a pay back because they wouldnt play ball with OPEC and curb production. They say they will start full production. Poor Putin.
Takket
(21,639 posts)dhol82
(9,353 posts)Wonder why now?
safeinOhio
(32,729 posts)weeks ago. OPEC called for cuts and Russia said they can make $ at $45. Russia wouldnt play ball so the Prince is calling him on it. This could kill Russian economy and sink Putin. Id bet he cries uncle and will now cut production. May be too late.
dhol82
(9,353 posts)Scary times ahead.
UTUSN
(70,755 posts)1) Unconfirmed that Saudi "king" died, & Prince arrested family.
2) Oil war Saudi/Russia.
3) SHITLER wet his pants.
A bullseye. 😎
tinymontgomery
(2,584 posts)Haven't paid below $2.00 in ages.
roamer65
(36,747 posts)As economies tank, competitive currency devaluations to try to steal what is left of consumer demand.