How exactly does this benefit Russia or Saudi Arabia?

They’re arguing about 3% cuts.

Crash the price 50% in 2 days. Now they have to double production (which is impossible) to make it up in revenue. This (((price war))) is retard tier.

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Other urls found in this thread:

youtube.com/watch?v=WpePWo56zm4
oilprice.com/Energy/Energy-General/Recession-Fears-Cap-Oil-Prices-In-2020.html
euobserver.com/foreign/142953
aljazeera.com/ajimpact/greece-israel-cyprus-sign-gas-pipeline-deal-angering-turkey-200102142853126.html
forbes.com/sites/stevehanke/2018/08/22/a-gold-bloc-for-iran-russia-and-turkey-oh-my/#2c7503e53b57
engadget.com/2020/03/06/intel-chips-unpatchable-security-flaw/
timesofisrael.com/intel-reportedly-delaying-massive-new-chip-plant-in-israel/
thediplomat.com/2020/02/the-geo-technological-triangle-between-the-us-china-and-taiwan/
youtu.be/_peW1Kpw4bw
youtube.com/watch?v=8uqwsb1TjQs&t=420s
youtube.com/watch?v=EwZAmsmXy6w
twitter.com/NSFWRedditVideo

It’s to hurt the US. Being subsidize by China.

they have the capacity to outlast all the soon-to-be bankrupt north american shale memers

Why do you stupid ((((((faggots)))))) keep doing this parenthesis bullshit. I bet you're the same kind of nigger who uses "nothingburger" in a real conversation and wonders why women won't touch your penis.

Putin been storing cash for this moment

Ore specifically trump. Russian and China want Trump out. Bad economy right before election their best chance.

(((you)))

Hello newfag

You must lurk for 2 years before posting.
newfag

Uhhh, no you and Trump are retard tier.

The Bear and the Goat are going to DP your whore country in all holes.

When your wife burns the steak, do you stop with forcing her to cook another one, or do you hit her in the jaw to further dis-incentivize future mistakes?
Based trollposter, remember Yas Forums is satire and only a fool would take anything written here as truth

putin been buying shorts for the past 3 months

No normal human breaks his wife’s jaw if she burns his steak. But this is metaphorically what Saudi is doing....

it's a dick measuring contest between mongoloids in 2nd tier countries - you expect rational behavior why?

Foolish take, both countries moving smoothly to drive the price of oil up, working together. You just need to get your head out of your ass and look ahead

>outlasting oil in the ground that's been there for thousands of years. lol

Yeah but as soon as oil rises a certain amount, a whole new generation of shale companies will pop up and be right back at it. Shale as an industry is too flexible to be entirely wiped out.

Oil tanks, US oil goes out of business, America needs to instate socialist policies to survive. Also most of OPEC gets fucked, lo and behold, Russia and SA come out on top and can drive the price up AND be the only producers

RUSSIA IS READY! BRING IT ON!!!

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They drive the price up, we start fracking again. Your kind of chicken shit strategy doesn't work.

The coronavirus will crush the American economy, Russia sees it as time to play a power move that also makes the petrodollar stop existing, as a result America is destroyed, while Russia is hardly scathed

It does if you think of it happening over the course of a few years, when credit and capital will be scarce in a severely depressed economy due to coronavirus

>Price spirals down
>US oil companies forced to shut down, merge, close marginally productive wells/fracking sites
>Natural gas production sinks as well
>Banks, Federal Reserve eat the loss
>Sites enter mothball or cleanup
>Saudis and Russians raise prices again
>Banks, Federal Reserve have to decide whether or not to inflate the currency again to provide financing for the closed wells to be reopened, new oil companies to be started, etc

>The coronavirus will crush the American economy
Ok, Kim

Exactly!

So as someone who gets what's happening, what do you think Americas response will be? They might try to start a war, I'm thinking SA vs Iran via a multitude of false flags which drives it sky high and keeps their petrodollar power a tiny bit longer.

Russia is just fucking the Saudis. Iran is Russia's friend. Mutts and other associated trash are going to be slaughtered like the animals they are.

Should just suck out as much oil as possible from Saudi Arabia, blast the wells, then leave it a smoldering ruin

Ooh I do like that, "peace in the middle east, America reconciles with Iran" while wiping out SA like they did to Iraq and coming out on top

Russia crushes Oil
Saudis continue to bleed
Iran makes decapitation strike on wahabniggers and mutts

Mutts will either accept their punishment, or lash out like a dumb child again. If they lash out, they'll literally crumble economically as they get dragged into a quagmire the likes of which have been unseen in history. Literally Afghanistan, Iraq, Iran, Syria, Lebanon, and Yemen all at the same time being fueled by China/Russia. On top of that, they'll be held in check with their kike overlords being held hostage by hundreds of thousands of SRBMs on their doorstep (the same ones they used to display their potency on the Iraqi base).

The death of the retard is neigh.

Its a desperate effort to save the world economy by lowering transportation costs

This, exactly this, any other takes are completely retarded. Russia will sell at a loss just to kill the petrodollar and take out US oil companies.

It's 17 yr old faggots like you who ruin this board. MUH AMERICA!!! Fuck you faggot, this faggot country is going to go to hell in the coming weeks and you deserve it. The virus is already plunging us deep into shit, and its going to be around until 2021. Good luck to your faggot boomer parents and their investments.

We will crush your and saudi oil market. Thats our sanctions for NS2 and others.

We need to identify the retards. Not just the Mutt retards but the Arab, Iranian, European, Chinese, and Kike retards. Anyone who bought into the Neolibtard Order needs to be dragged into the streets and literally clubbed to death.

its kinda fun to read this shit when you actually live in Russia and almost mad because of prices on local markets and gas stations

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Tear off your arm to tear off your enemy's head.

T. Liberal scumbag reddit spacer nigger.

saudi king must really be on death's doorstep. russia flexing for more favourable terms in inevitable negotiations.

brainlets

The "actually live in Russia " meme is retarded. Russia is playing a very offensive game for the last 2 decades (a la Putin) via macroeconomic and military moves. They don't give 2 shits about what happens at home for now. Once the petrodollar is destroyed, things will magically get better over there and you'll be sucking your thumb still not aware of why.

Well this actually kills the Canadian. So, fuck.

nigga, Russia is not fucking Prince Goro from mortal combat. We already have no arms

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Shale is prepared to go into hibernation if needed. You cant put that genie back in its bottle.

You got legs don't you?

But cheap oil will make the rest of the economy go faster.

grandmaster in political 4D chess in business.

>They don't give 2 shits about what happens at home for now.
only because our oligarhs can replace all losses by increase prices in the domestic market

They're trying to save airline traffic by alleviating fuel prices, for one.

But on the other hand the Saudis are attempting to flood/take over the European and Asian markets where Russia has a meaningful presence. This is not about a % of price cuts or production costs but rather that Russia did not agree on the oil cartel's deal for *everyone* to produce less. If all of OPEC dropped their production without Russians following suit, Putin's supply and overall presence would already have overwhelmed competition even when the stocks rose up again. So what the Saudis are doing is forcefully shoving their own crude into the market's supply.

The game changer in all of this is of course the COVID-19 pandemic, because the Saudis might very well be producing black shit that, in the worst case scenario, no one will actually buy. No idea what would happen in this case, because it would also mean the disease has actually caught up on exponential growth, so full blown war would be stupid. But we have seen pretty stupid geopolitics in the past...

watch trump sign a contract for the fed government blanket purchase agreement for buying domestic oil at $45 a barrel to rebuild the strategic reserve. berniebros will fucking stroke out in the street.

This. There's no killing shale at this point, not in the long term.

Its too easy to start up shale again. This didnt work last time they tried it.

It would have been impossible for putin to win by focusing on domestic policy. His hand would be too weak internationally and Russia would be crushed once he's gone. He's been doing any and all moves to remove the number 1 enemy of Russia, the US of A. Once that's done, literally any idiot would make Russia prosper, it's got land, money, and an educated populace.

can confirm
putin is a goldchad
youtube.com/watch?v=WpePWo56zm4

yeah, rip in peace, canada.

1/2 price sale.

It already has retard. Even if everything completely reversed tomorrow people would still remember this event years from now. There is panic all over.

>

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day of rake
aussies also getting rekt right now

oilprice.com/Energy/Energy-General/Recession-Fears-Cap-Oil-Prices-In-2020.html
>By Gail Tverberg - Jan 11, 2020
>If prices stay low in 2020, both the oil production of the United States and OPEC will likely be adversely affected, bringing 2020 oil production down even further. I would expect that even without a major recession, world oil supply might be expected to fall by 1% in 2020, relative to 2019. If a major recession occurs, oil prices could fall further (perhaps to $30 per barrel), and oil production would likely fall lower.

Saudis trying to kick off a US recession, to maximize coronavirus carnage.

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NATSOC SOON
j/k, our politicians worship money and they'll fold like the third-rate poker players they are

It's not even the US per se, literally a group of ideological FAGGOTS that need to be slaughtered for their insufferable faggotry. They've been spreading their faggotry to the world since the 1600s and they've managed to piss enough people off at the same time now that we might actually see them pulled out of their rat dens and literally have their heads stomped in by a crowd of people.

I was always hoping the day of the rake would be an American operation not a Russian one.

damn this made me laugh

>How exactly does this benefit Russia
lmao, nothing ever benefits Russia, even if our country gets a shit load of money not a fucking dime will be invested in it's economy, everything goes in Putin's gang mob pocket

how is this russia's fault? both saudi and canada produce cheap oil. let's not even mention the black market oil getting pumped out of syria and libya. venezeula is already in collapse stage so you just know their oil is cheap too. it's a worldwide collapse in oil price because fair value is around $25-35 per barrel given shale and lower demand. we're at the end of a business cycle.

I appreciate the sentiment, but it wont be a crowd of people, the people always do the same thing... they work, and try to survive. The fight is basically between the people that take the good of America (those people who live with honor and virtue) leveraged to maintain power over a large chunk of the world, and the people who have leveraged their own people, and their industry, and capital. It's at most a war of a few hundred people vs a few hundred people. I think this match is going to go to the Russians (who I suspect spread the virus in China, because they're literally going to come out on top unopposed)

Nice.

Liberashka, this is a move to hit the American economy.

Oil and gas are the past, although Israel/Russia/China have been boosting trade and building pipelines recently just in case.

>World upside down as EU and Russia [and China] unite against US [over Iran oil deals and Russia's Nordstream 2 pipeline into Germany]
euobserver.com/foreign/142953

>Greece, Israel, Cyprus sign gas pipeline deal, angering Turkey
aljazeera.com/ajimpact/greece-israel-cyprus-sign-gas-pipeline-deal-angering-turkey-200102142853126.html

Also see: all of China's Belt and Road projects, Russia's 'Eurasian Economic Union' (which both Israel and Iran are set to join), and Russia and China's (and more) burgeoning gold bloc

>A Gold Bloc For Iran, Russia, And Turkey...Oh My!
forbes.com/sites/stevehanke/2018/08/22/a-gold-bloc-for-iran-russia-and-turkey-oh-my/#2c7503e53b57

But the future is big data/'connectivity'/AI, and the US/China (read: Israel) being forced to decide between Intel and AMD is the perfect example of what's going on right now. TSMC and its proximity to China - and China's actions in Taiwan - are the key to the future geopolitical landscape.

>Researchers discover that Intel chips have an unfixable security flaw
engadget.com/2020/03/06/intel-chips-unpatchable-security-flaw/

>Intel reportedly delaying massive new chip plant in Israel
timesofisrael.com/intel-reportedly-delaying-massive-new-chip-plant-in-israel/

>The Geo-Technological Triangle Between the US, China, and Taiwan
thediplomat.com/2020/02/the-geo-technological-triangle-between-the-us-china-and-taiwan/

youtu.be/_peW1Kpw4bw

If you want to understand Israel's position in all of this, especially as a global high-tech juggernaut, also watch these

youtube.com/watch?v=8uqwsb1TjQs&t=420s

youtube.com/watch?v=EwZAmsmXy6w

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