International benchmark Brent crude fell to around $24 a barrel, compared to prices of over $70 a year ago. Prices slightly have rebounded with Presidenttweeting and talking about the need for a production cut, but rancor between Saudi Arabia and Russia could imperil a deal emerging from a planned teleconference Monday.
“Russia was the one that refused the agreement, while the kingdom and 22 other countries were trying to persuade Russia to make further cuts and extend the agreement,” the prince said.
Oh good lord can they just get a room already.
Watch 'Perspectives on the Pandemic | Dr John Ioannidis of Stanford University | Episode 1' on YouTube
Does either Nation understand there is a World Pandemic grinding everything to a halt?🤔
emotional reactions are understandable... what's the best inside the heart?
We can't control Covid19 bc EconomicSanctionsStopFlowOfProtectiveGearToManyCountries&Naked-Emperor refuses to order 8 Republican Governors to order people to StayHome FlowOfPeopleWillKeepActiveCovid19 + Mutations, billions at risk thanks to Emperor's FailedSanctionsPolicies
the collapse is good! we get cheaper gas, and you all still get rich
The whole world is going electric let them fight it out
Lol, the Saudis vs. the Russians. Boy, that's a tough choice for a woke reporter. Agitation of the aggrieved must be stoked. That's commie rule numero uno. The Saudis get the nod. Muslim and not white. Easy peasy.
No way?!?!? Can't be! Daddy Cheeto told us different! So, you lie! 😫😭
Stop quibbling and cooperate. Wake up from your draconian slumber.
Sucks for the greed of America oil companies. so sad....LMAO
But I thought Trump said....oh, lol.
Another oil show.
'I do my research...' I listen to NBC, CNN, ABC, CBS news. I get fed my news from the mainstream media. I'm smarter than you, idiot' says Bruce 'intellectual' Eppard.
They can live off the trillions they have in the bank.
Wow, 97¢ gas.
Awww poor Donald. Mommy and daddy are fighting.
As far as I am concerned the Oilers of Saudi Arabia and the Oilers in Russia can hold hands and jump into vats of acid. I hope both countries collapse after the crimes against humanity they have both committed.
realDonaldTrump said, 'Rebuke? Gross. Wait. How many people were there? Okay. Still gross.'
Lol!!!!!
Here we go again...
They don't care
Arabian and Russians are wankers
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Saudi Arabia sharply rebukes Russia over oil price collapseDUBAI, United Arab Emirates (AP) — Saudi Arabia sharply criticized Russia on Saturday over what it described as Moscow blaming the kingdom for the collapse in global energy prices, showing the... King Dumb* Yeah it was Russia vs. Opec. Children
Source: AP - 🏆 728. / 51 Read more »
Saudi Arabia and Russia signal readiness to cooperate on oilSaudi Arabia and Russia signalled on Thursday they were ready to cooperate to help stabilise the oil market after calls with U.S. President Donald Trump to discuss the slump in prices triggered by the end of a deal to curb output and a collapse in demand. ah... great, the cartel expands. How about we do mORE to eliminate competition. Why do you cooperate? I would like Saudi Arabia and Russia to have an oil war for at least one year. The Saudi crown prince has nothing to do with wang huning, a senior Chinese official. The trump gang is playing with Numbers. The Saudi crown prince should continue to retaliate against the russians by fighting an oil war for only a year.
Source: Reuters - 🏆 2. / 97 Read more »
Oil skyrockets 35% after Trump suggests huge cuts by Saudi Arabia and RussiaInvestors continue to worry about the coronavirus pandemic's impact on the economy. Here's what's moving markets today. It was bound to happen to restart the dead (Shale) fracking. Great. Just what Americans needed. Higher oil and gas prices the same day 6.6 million announced unemployed. Thanks, republicans Yo we gotta figure out a way to keep this idiot from speaking. Seriously.
Source: cnnbrk - 🏆 393. / 55 Read more »
Saudi Arabia, Russia to Debate Oil Cuts, Pushing Crude Sharply HigherAn alliance of oil producers led by Saudi Arabia and Russia is set to debate production cuts of at least 6 million barrels a day Monday and consider inviting U.S. producers to participate, according to officials. Brent crude was 9% higher. Do not spread TJKMKB ホント？ フェイクニュース？ Tsar Putin cannot afford output cut has no storage
Source: WSJ - 🏆 98. / 63 Read more »
U.S. not negotiating with Saudi Arabia, Russia; wants them to reach oil deal: sourceThe White House is not negotiating with Saudi Arabia or Russia over a deal to cut oil production and wants the two parties to come to an agreement among themselves, U.S. Energy Secretary Dan Brouillette told industry executives on a call on Friday, according to a source who listened in. Wants them to raise our gas prices. Thanks for nothing Trump. This isn’t the highest priority for the USA right now. What a pitty that Russia and KSA will not let the US energy industry freeride on their agreement
Source: Reuters - 🏆 2. / 97 Read more »
Saudi Arabia denies withdrawing from OPEC+ deal, says Russia was the one that withdrewThe Saudi foreign minister said early on Saturday that a statement attributed to Russia's President Vladimir Putin about the kingdom's withdrawal from the OPEC+ deal is not correct, and that Russia is the one that withdrew, state agency (SPA) reported. Blame war has begun 😂 Trump said he had called his good friends and got this all taken care of....
Source: Reuters - 🏆 2. / 97 Read more »