Oil, gas and mining

Expert: Saudi oil faces threat from Russia | English News | WION



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

  1. 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.

  2. 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

  3. 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.

  4. 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

  5. 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 ๐Ÿ‘

  6. 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

  7. 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

  8. prince and the tsaar wont fight each other …… they got good shize going on both make it equally ….. united state trying dirty tricks again

  9. 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.

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