A fall in oil prices has always been a major concern for Saudi Arabia. For long, Saudis have blamed US based short sellers, in other words, those who bet that oil prices will fall, for the volatility in oil prices. But a veteran analyst feels that Saudi’s biggest headache may be another oil producer – Russia.
#russia #saudiarabia #oil
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32 Comments
Making money is action. keeping money is behavior. Growing money is knowledge. I'm excited I started earning upto 15thousand dollars extra income<<<
They can sell to EU
sssuuurrreee
russia and several western producers are increasing oil production, while demand for oil is going down globally. So the Saudis has to cut production to avoid a crash in the oil price.
India is always starting something this very information who told you this,Russia and Saudi Arabia are really very close friends something of such will never ever happen this two knows how to play the game of oil more than what you hear
Soudi loudi boycut g20 meeting in india
Headache????๐๐๐
West is only well wisher of this planet. It takes tension for each & every country..๐
Global Agent or Criminals???
They are on same side hello BRICS
Yup, until they both deside to cut oil production…๐๐๐ It's a win win for both of them๐๐
You speak too fast a language that you do not speak fluently.
I don't see the logic…
Europeans are now more dependent on Saudi Arabia.. Same buyers same sellers just a shuffle asians buying Russian oil due to discount on Russian oil while europeans lapping up saudi oil because they can afford it.
I like her looooong neck โคโคโค
PEACE AND PROSPERITY TO THOSE THAT WALK IN THE WAYS OF GOD.
ARABIAN CLOUD SHIPS
VESSELS OF LIESURE AND PLEASURE
A NEW APPROACH TO LIFE IN THE DESRRT?
They keep cutting and get more profit while selling less
SAUDI ARABIA PRODUCES A BARREL AT THE CHEAPEST IN THE WORLD NO COUNTRY CAN COMPETE IN A PRICE WAR WITH THE SAUDIS NO ONE WHY DO YOU THINK THE UN UNITED STATES OF AMERICA CATERED TO the SAUDIS THE SUPPRESSED WORLD OWES SAUDI ARABIA A BIG THANK YOU FOR LOOSENING THE RELIANCE ON THE AMERICAN DOLLAR AND PUTTING A END TO THE AMERICANS USING THE DOLLAR AS A WEAPON
Yes, of course ๐คฎ Your "knowledge" is good – who ordered it and how much does this kind of analysis actually cost?
USA expert, no agenda at all in this statement. Lol
It's simple.. because saudi is not not the monopoly with regards to oil…
Ye Saudi log ka paas koi talent nahe hai khale fokat me Mila hua oil bech k Inka Desh chalta hai, India har field me talent se work kar k kaam karta hai aur earn karta hai ๐
Good beginning. Soudis & also China need to understand that in multicolor world – Soudhi wants world leadership through oil & Arab leadership. This is an opportunity. It is time that Russia & China & Soudhis fight for 2nd position in controlling the world. After all it is Hard core Christian Vs Hard core Muslims that are going fight once again as it was in 1000Ce To 1900CE
Not true europe not buying cheap russian oil saudi has access to that market there just swapping buyers
Pray ๐ for Palestine Jerusalem is capital city of PALESTINE people
If only India could find a way to capture all the methane gas produced by the flatulating population…it would not need to import so much oil.
Saudis can buy Russian oil for discounted price and sell back for market value. ๐๐๐
They are the two countries with the world largest oil resources and have control over oil pprice and productions.If they stop or reduces productions,price will raise and demand will increase so they are working togethers not against each other here
Why is everyone interested to make Saudi unsettled
prince and the tsaar wont fight each other …… they got good shize going on both make it equally ….. united state trying dirty tricks again
๐ฅฐ
Why? Saudi is buying cheaper O&G from Russia while selling theirs for higher foreign currencies
Good let them both deal with that mess. The developed countries should focus on kicking their addiction to fossil fuels.
Why every country have a hard time in oil, if you have a more water, it's been made by Filipino to run a car with only a water. Don't waste time for small supply, go for more supply.