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
(21,549 posts)dhol82
(9,352 posts)Wonder why now?
safeinOhio
(32,656 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
(9,352 posts)Scary times ahead.
UTUSN
(70,670 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
(36,745 posts)As economies tank, competitive currency devaluations to try to steal what is left of consumer demand.