Crude oil is the lifeblood of modern economies and nations.
Is that rabbit defeated !! This rabbit is now in the midst of a Saudi-Russian conflict
OPEC + meeting postponed to April 9 due to a demand there are sources saying that the meeting will not take place in time
What will happen to that rabbit? Will he jump over $ 30 and forget about him in the 1920s?
War is said and said, postponement of agreements, and the truth is difficult to say .. and sometimes
It was said that Saudi Arabia plans to get rid of the producers of shale oil, and this statement is attributed to President Putin in one of the media (of course) This statement raises the anger of the Kingdom of Saudi Arabia.
But the Saudi foreign minister stressed that whoever broke out of the agreement while the Kingdom and 22 other countries were trying to persuade Russia to further cuts and extend the agreement and of course Russia did not agree and was said in the United Kingdom seeking to balance oil prices and this strange war that traders did not understand
After Trump's call, did he ask for help, and asked to solve this crisis that would lead to the bankruptcy of the American oil companies
This United States of America will be overcome This crisis will be overcome after the contact that took place on Friday regarding the agreement that made oil jump to $ 30
The planned video meeting of OPEC and its allies was postponed on Monday
The date for the upcoming OPEC meeting is April 8 or 9, will there be a new story ??
As it is known that the global epidemic (Corona)
And that this war that broke out between the Saudis and the Russians led to a decline in demand
In addition to the increase in supply caused by the price war
That makes even US oil futures prices drop more than 40%.
One of Trump's requirements is that oil production decrease by ten million barrels and perhaps more.
This is just a requirement, and will Saudi Arabia and Russia allow this and accept their quotas ??
Saudi Arabia does not want to lose its ally, President Trump and her friend ...
Russia wants the shale industry out of oil production and pricing rates.
If we take our memories back before Trump's words now and his fear for his country's economy
He is the one who initially welcomed Saudi policy, since oil prices will fall and economic gains will be achieved
But Corona made Trump destroy and complain of losses
This means that the decision is purely American, and now it is retracting it. And you want an urgent solution between the Kingdom and Russia
But Russia is not subject to Mr. Trump's decisions, and rejection is a matter of Russian dignity
Its decisions.
Now the beneficiary, of course, is America if this crisis is resolved and the price of oil rises
The purchase has ended
(The American strategy has been developed) And it has become necessary to raise the price.
The world is affected by the global epidemic, and the economies are affected
But the beneficiary must benefit despite all the losses he received.
She wants oil prices between $ 45 to $ 65 .. and she wants the rabbit to jump .. ??
Are you waiting for oil to exceed $ 38, and then to $ 42, and to its centers, $ 51 a barrel?
Or, this bunny will be defeated and return to $ 25 and see the bunny at $ 17 a barrel
Let's see the analysis from 1990 to 2000 and from 2000 to 2010
From 2010 to 2020
What is the story of this bunny ??