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Russia, Saudi Arabia may be manipulating oil prices to help Trump: MSNBC

#19
(This post was last modified: 04-20-2024, 08:07 AM by mikesez. Edited 2 times in total.)

(04-19-2024, 07:05 PM)snarkyguy_he_him_his Wrote:
(04-19-2024, 06:44 PM)mikesez Wrote: Ukraine doesn't have much petroleum resources.  So I don't follow.

Russia does. Plus no war is always better for gas prices versus war.

Right, Russia does.  And they're still selling it.  The EU, US, and some other countries have agreed to not pay more than $70 a barrel for it.  It's like a reverse OPEC. Russia can get better offers from China and India.  So the EU and US pay a little more for crude oil from countries other than Russia, and China and India pay a little less for Russian oil, and Russia makes a little less money from their oil.

So say Russia "takes" Ukraine tomorrow.  Would any of the other facts above change?
My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.
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Messages In This Thread
copycat - by copycat - 04-19-2024, 04:51 PM
RE: Russia, Saudi Arabia may be manipulating oil prices to help Trump: MSNBC - by mikesez - 04-19-2024, 07:36 PM



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