TOKYO - Financial markets have been thrown into turmoil following Saudi Arabia’s response to the collapse of OPEC+ talks and concerns about the global spread of the coronavirus.
“It also puts U.S. President Donald Trump’s election at risk. The market has not caught up to the facts. “I am sure that behind the scenes the United States and Saudi Arabia are trying to get Russia to return to negotiate. The problem is we do not know how long this will last, so investors have no choice but to sell risk.
Good downwithoil
We hear there is a latest fight between number 1 oil exporter Saudi Arabia and 2nd oil producer Russia, 2 states with serious economic diversification limitations given their extremely hot and arid and freezing and barren climatic and physical conditions.
The 6th mass extinction brought to you big oil.
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Sweet volatility
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mother nature's virus cut china emissions by 25%
You run an article 5 minutes ago that Saudi Arabia is going to increase 210 million barrels a day now you're blaming it on a Corona 19 virus mixed messages I would say 5 minutes apart
the global economic panic meltdown has begun
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Oil plummets 31% in biggest drop since Gulf War as Saudi cuts spark all-out price war - Business InsiderOil markets tumbled sharply overnight on Sunday in a dramatic sell-off fueled by an OPEC+ price war amid coronavirus concerns. oh boy Saudis not being very nice to Russia. It’s okay And yet gas prices remain stable 🤬
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