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

    About Channel:

    WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.

    Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults.

    Subscribe to our channel at https://goo.gl/JfY3NI
    Check out our website: http://www.wionews.com
    Connect with us on our social media handles:
    Facebook: https://www.facebook.com/WIONews
    Twitter: https://twitter.com/WIONews

    Follow us on Google News for the latest updates

    Zee News:- https://bit.ly/2Ac5G60
    Zee Business:- https://bit.ly/36vI2xa
    DNA India:- https://bit.ly/2ZDuLRY
    WION: https://bit.ly/3gnDb5J
    Zee News Apps: https://bit.ly/ZeeNewsApps

    32 Comments

    1. Making money is action. keeping money is behavior. Growing money is knowledge. I'm excited I started earning upto 15thousand dollars extra income<<<

    2. 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.

    3. 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

    4. West is only well wisher of this planet. It takes tension for each & every country..๐Ÿ˜‚
      Global Agent or Criminals???

    5. Yup, until they both deside to cut oil production…๐Ÿ˜๐Ÿ˜๐Ÿ˜ It's a win win for both of them๐Ÿ˜๐Ÿ˜

    6. 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.

    7. 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?

    8. 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

    9. Yes, of course ๐Ÿคฎ Your "knowledge" is good – who ordered it and how much does this kind of analysis actually cost?

    10. 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‘

    11. 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

    12. 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.

    13. Saudis can buy Russian oil for discounted price and sell back for market value. ๐Ÿ˜Š๐Ÿ˜Š๐Ÿ˜Š

    14. 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

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

    16. 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.

    Leave A Reply
    Share via