battle of egos - oil companies at stake

[aragorn]

russia vs saudis. lets c who caves. would love 2 c live coverage of their meetings....epic drama

total carnage today. 

[xano917]

6 minutes ago, aragorn said:

russia vs saudis. lets c who caves. would love 2 c live coverage of their meetings....epic drama

total carnage today. 

expain the chronology man.. yenti oil lolli 

[Charminar_Chowrastha]

Russians are hitting hard this time...Although Saudi’s can still sell barrel for $10 and make some profit where as for Russians, it needs to be Atleast $20.

American, Canadian shale is ducked up big time.

 

[Hitman]

7 minutes ago, aragorn said:

russia vs saudis. lets c who caves. would love 2 c live coverage of their meetings....epic drama

total carnage today. 

Meeting ఎప్పుడు ఉంది? ఈసారి కత్తులు కటారు లతో వస్తారు 

[Charminar_Chowrastha]

Russians seems to be attacking this time after their failed Middle East energy deal last year. Russians are now targeting China market, they could soon become number one supplier to China..

[Charminar_Chowrastha]

Iranian and Libyan oil are under severe sanctions, Venezuela output is not up to the mark...

If Iraniana and Libyan Oil also enters the market, then it would be much more horrible..

[aragorn]

10 minutes ago, xano917 said:

expain the chronology man.. yenti oil lolli 

friday russia told saudis to ** off, they r not reducing their production. in retaliation saudis canceled the opec agreement of production cuts and increased there own production and reduced the price further resulting in this carnage. 

 

 

[Spartan]

[Anta Assamey]

Nenu Gas kottinchukovali ... Price taggutunda ledo cheppandi ... Antaku minchi naaku worry ledu .... 

[MiryalgudaMaruthiRao]

na model X inka shed kena?

[aragorn]

12 minutes ago, Charminar_Chowrastha said:

Russians are hitting hard this time...Although Saudi’s can still sell barrel for $10 and make some profit where as for Russians, it needs to be Atleast $20.

American, Canadian shale is ducked up big time.

 

 canada is not even in the mix; they cant survive as their oil heavy crude. 

 

11 minutes ago, Charminar_Chowrastha said:

Russians seems to be attacking this time after their failed Middle East energy deal last year. Russians are now targeting China market, they could soon become number one supplier to China..

both shld hold their ground for a bit and run american shale companies to the ground. 

 

[Charminar_Chowrastha]

3 minutes ago, aragorn said:

friday russia told saudis to ** off, they r not reducing their production. in retaliation saudis canceled the opec agreement of production cuts and increased there own production and reduced the price further resulting in this carnage. 

 

 

It goes back to 2017-2018. When oil prices peaked, Russia wanted Saudis to cut production so that oil prices stay above the new benchmarks for demand season which OPEC led by Saudi did not agreed. 
 

Then Russia started the new Middle East game. Instead of dealing with Middle East as a group, they have been reaching out to countries individually, starting with Kuwait Qatar. This has furthered angered the Saudi’s. 
 

Since then, Russians have been increasing their market share exponentially.

[Charminar_Chowrastha]

Just now, aragorn said:

 canada is not even in the mix; they cant survive as their oil heavy crude. 

 

both shld hold their ground for a bit and run american shale companies to the ground. 

 

American Shale will die natural death if price falls below $40. And if the same price continues for few more weeks, American Shale have to shut their shop. They need at least $40-50’s just to keep their shop open..

The target now seems to be American Shale. These guys have been doing really great. Literally replacing Venezuelan output

[Spartan]

1 minute ago, Charminar_Chowrastha said:

It goes back to 2017-2018. When oil prices peaked, Russia wanted Saudis to cut production so that oil prices stay above the new benchmarks for demand season which OPEC led by Saudi did not agreed. 
 

Then Russia started the new Middle East game. Instead of dealing with Middle East as a group, they have been reaching out to countries individually, starting with Kuwait Qatar. This has furthered angered the Saudi’s. 
 

Since then, Russians have been increasing their market share exponentially.

@psycopk neek hi cheppamannadu  @Android_Halwa

[aragorn]

19 minutes ago, Hitman said:

Meeting ఎప్పుడు ఉంది? ఈసారి కత్తులు కటారు లతో వస్తారు 

ala vachina chalu  problem solve temp kee