Viet
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- Jun 18, 2012
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Saudi Arabia is about to flood the market with cheap oil. The oil price can crash to $30. That will be a catastrophic event for Russia. Where to get the money to pay for the war? Soldiers, workers will storm Moscow if they don’t get paid.
Win win for the west
Car drivers get cheaper gasoline.
https://www.ft.com/content/1d186f62-5941-4f9e-aef1-7d93a8a696cd
Saudi Arabia ready to abandon $100 crude target to take back market share Oil price falls as kingdom prepares to raise output from December Saudi Arabia needs an oil price of close to $100 a barrel, according to the IMF, as it seeks to fund a series of megaprojects © Simon Dawson/Bloomberg
Win win for the west
Car drivers get cheaper gasoline.
https://www.ft.com/content/1d186f62-5941-4f9e-aef1-7d93a8a696cd
Saudi Arabia ready to abandon $100 crude target to take back market share Oil price falls as kingdom prepares to raise output from December Saudi Arabia needs an oil price of close to $100 a barrel, according to the IMF, as it seeks to fund a series of megaprojects © Simon Dawson/Bloomberg