OPEC deal collapse sparks price war --- ‘$20 oil in 2020 is coming’

**harrybarracuda** · 10-03-2020, 06:50 PM

Originally Posted by OhOh

But I waffle.

Ain't that the fucking truth.

**David48atTD** · 11-03-2020, 01:42 PM

Saudi Arabia and Russia intensify 'pretty aggressive' oil price war with commitment to increase production

OPEC deal collapse sparks price war --- ‘ oil in 2020 is coming’-12045888-3x2-700x467-jpg

Saudi Arabia and Russia have intensified their oil price war, with both nations threatening to flood the world with hundreds of thousands of extra barrels of oil in the coming weeks.

Key points:

Both Russia and Saudi Arabia have been dropping their oil prices and plan to raise their production in the coming weeks
It has led to some other OPEC nations pledging to raise their production substantially too
If the OPEC nations fail to agree on production limits by March 31, they will all be free to produce without restrictions from April

The escalating game of chicken comes after Saudi Arabia last week asked OPEC+ members to collectively cut oil production by 1.5 million barrels per day, in a bid to "stabilise" falling prices amid the global economic upheaval caused by the coronavirus outbreak, but Russia refused.

Saudi Arabia and Russia intensify 'pretty aggressive' oil price war with commitment to increase production - ABC News (Australian Broadcasting Corporation)

**panama hat** · 11-03-2020, 02:14 PM

Cool - go for it

One is a murdering bully who controls his people through fear . . . the other is the Saudi Prince

(Though it applies to both, actually)

**Dragonfly** · 11-03-2020, 06:24 PM

Thank god we have Putin in this crazy new world, at least he stands for something

**Klondyke** · 11-03-2020, 08:53 PM

Originally Posted by panama hat

One is a murdering bully who controls his people through fear

Why you don't paste here a list of the murdered?

But be careful: if you google "body count" a long list could come out, however, with a name that the mods here do not allow...

**panama hat** · 11-03-2020, 09:20 PM

Originally Posted by Klondyke

Why you don't paste here a list of the murdered?

But be careful: if you google "body count" a long list could come out, however, with a name that the mods here do not allow...

Ферретинг ин онеьс соул, оне офтен ферретс оут сометхинг тхат мигхт хаве лаин тхере уннотицед

**helge** · 11-03-2020, 09:23 PM

Originally Posted by panama hat

Ферретинг ин онеьс соул, оне офтен ферретс оут сометхинг тхат мигхт хаве лаин тхере уннотицед

Farting in one's soil, one of ten ferrets out something that right have lain there unnoticed

This what you meant ? Interesting

**harrybarracuda** · 11-03-2020, 10:26 PM

Originally Posted by helge

Farting in one's soil, one of ten ferrets out something that right have lain there unnoticed

This what you meant ? Interesting

Makes more sense than any of the shit klondyke comes out with.

**OhOh** · 12-03-2020, 01:58 AM

Originally Posted by helge

Farting in one's soil, one of ten ferrets out something that right have lain there unnoticed

My translator suggests:

"Ferretting in one's soul, one often ferrets out something that might have lain there unnoticed".

**Norton** · 12-03-2020, 03:15 AM

Originally Posted by jabir

downside still yuge.

DJI down 1,500 points as I type. Kinda huge with more otw.

**panama hat** · 12-03-2020, 07:05 AM

Originally Posted by OhOh

"Ferretting in one's soul, one often ferrets out something that might have lain there unnoticed".

Paraphrasing Tolstoy's Anna Karenina

Originally Posted by helge

Farting in one's soil, one of ten ferrets out something that right have lain there unnoticed

Originally Posted by harrybarracuda

Makes more sense than any of the shit klondyke comes out with.

. . . proved my point.

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