Oil price War will Bring real War soon in Middle east

[AniviaBtc]

War Will start about soon...  I would Say in 7 Days.

Yeah right, in 7 days it will start and it will stop in the next 6 
There will be no war, why should there be any war between those countries in the first place?
All their interest are aligned when it comes to oil, if they go to war between them they both lose so they will simply pump more and more oil as they have the cheapest oil and they are going to look at which of the biggest oil produces are going to crumble first.
Venezueala? Nigeria? Mexico? Rusia?

By the time the US shale runs out of funds like the Canadian oil sands, these counties would have crumbled already.

A war between the oil producers?Nope!
On the other hand, Russia and the URSS defaulted twice during a low price oil and Nigeria isn't that better, you're looking at the wrong map.

And 7 days? Lol..

That's over-acting, it is impossible to have war without the government thinking what is its effect in other countries. You're just stating some false predictions, in just 7 days? It is possible if you say 10 to 15 years from now. Because it is true that the oil is being limited and that's the reason why its price goes higher but war isn't the solution for that. Government of the countries can talk about a certain issue about oil resources so it is more less likely to happen. War isn't the key when there is a conflict between two countries, there are a lot of options to solve the problem without even harming its citizen's lives. It seems like production of oil is being limited so that people will not waste it because it is a non-renewable resources and it can't be recycled to use again.

[Latviand]

I think OPEC is there to mediate on oil issue and as far as I know, the body has been reaching out to oil nations. War is not what middle east need now but a cooperation within themselves. And now than ever before, the world needs to come together for tackle the current health challenge.

The organization of Petroleum Exporting countries (OPEC) is an intergovernmental nations of 16 countries. The powerful of them all - Saudi Arabia. Let's look at some interesting statistics below,

Military budget:
Saudi Arabia - $67.6 billion
UAE - $22.7 billion
Iran - $19.6 billion
Algeria - $13 billion
Indonesia - $7.6 billion
Venezuela -  $7.45 billion
Congo - $7.15 billion
Angola - $7 billion
Qatar - $6 billion
Kuwait - $6.8 billion
Libya - $3 billion
Ecuador - $2.5 billion
Nigeria - $2.1 billion
Iraq - $1.73 billion
Gabon - $83 million
Equatorial Guinea - no info

Source: https://www.globalfirepower.com/defense-spending-budget.asp

For this reason, no one within OPEC will get into a war unless and until it is incited by some other countries outside OPEC. We need to remember, that not only Oil price is crashing. Every single market on earth is crashing and the issue is faced by every countries on earth. It's not about the oil only! Chill! no war would happen in imminent future!

Every country needs a leader who is mentally, economically, and politically wise enough to lead his people. War is never an option during times like that, there are more possible ways on how to overcome or solve a problem related to resources. It is normal to have a problem related to the market because the budget of each country is limited and allocated to other sector like what you've said military budget. Most especially that the Covid-19 pandemic is spreading, they also allocated some funds for that so they can fight the virus. All of the countries now are having a crisis not only in oil but the healthcare sectors who are front liners in the virus. Medicines, medical equipment, and scientist to discover the antidote or vaccine requires a fund so this should be the focus of the country as of now.

[Findingnemo]

Oil Price War willl Bring real War!

Oil Price Will be a lot More expensive then Now


War Will start about soon...  I would Say in 7 Days.

So still 2 more days to go for the war? World war 3 right?

But is there any specific reason for your predictions or its just a trolling.
Tired of different things due to this corona outbreak.Need a break now.

Nap...ZZZZ

[abhiseshakana]

The hidden war for oil always goes on. However, Russia now has so many different problems that it hardly dared to openly fight for oil. Now Russia has shown obstinacy and has not agreed to reduce oil production so that its price does not fall too much. However, after some time, Russia will be forced to agree on this with Saudi Arabia and the UAE, when they assess the possible losses.
Putin now imagines himself to be the most powerful emperor in the world, that he began to make a lot of political mistakes.

Putin makes many mistakes, not because he considers himself powerful, but because he has been sitting at the head of the country for more than 20 years, and is going to sit for at least another 15 years. And he will fight for oil with all his might, because the entire economy of Russia is oil and gas production.

In international relations, there are no eternal friends and foes, only eternal interests. In the current geopolitical and geo-economic conditions, especially the United States with Trump and "American First", I think the policy taken by Putin to disagree with Saudi Arabia is rational.

The reason is that Mohammad bin Salman chose to acquire Lockheed Martin's Terminal High Altitude Area Defense (THAAD) system instead of the one promoted by Russia after six US-made Patriot batteries battalions failed to detect drone and missile attacks at Saudi Arabia's two main oil facilities.
Source: https://insidearabia.com/playing-for-higher-stakes-saudi-arabia-gambles-on-oil-war-with-russia/

Economically, in my opinion, the decision taken by Saudi Arabia is a mistake, because Saudi Arabia only thinks about meeting short-term economic needs rather than long-term security. As for Russia First, this policy has been carefully considered because, since the fall of the last oil price, Russia has been right and strengthened its budget, thus providing great financial protection. Second, high crude oil prices will only benefit US shale oil producers, if the price of crude oil is low it will cause economic losses to the United States and damage its ability to use international coercive devices in the form of sanctions. This is related to Russian interests (ROsfnet) in Venezuela.

[Meowth05]

That is a very pessimistic outlook on reality. Think about the people, politicians are trying not to induce war, it is the reason why we still soundly. Resource war is still far-fetch idea.

[cutesgirl]

Many bad impact with corona virus happen to the world where many product price going down and investment lost much money, now day we got oil world have crisis with lower price too after this cases and take many disadvantage by Corona virus, when this moment can't move soon maybe we will see many bad impact for economic world and get crisis.

[fiulpro]

After a pandemic am pretty sure people will have a hard time dealing with a war .

Most countries have already opted with more non conventional methods and at the same time research is being done based on plant based fuel .

CNG is something whose value and popularity is increasing day by day , I do think that the war will be averted and people will opt for more renewable sources of energy.

[arrmia11]

Oil Price War willl Bring real War!

Oil Price Will be a lot More expensive then Now


War Will start about soon...  I would Say in 7 Days.

Indeed you are absolutely right, because the oil price aee getting high, and this can start a sign of war, and i think if this is gonna happen i think this is gonna be a big war let's say a WORLD WAR III, because not just two countries will fight for this because they have an alliance,

And i think this war will start in the near future.
Just keep safe everyone.

[eaLiTy]

Oil Price War willl Bring real War!
Oil Price Will be a lot More expensive then Now
War Will start about soon...  I would Say in 7 Days.

What war you are talking about, the price of oil is falling because of the decision by Saudi to increase the production and to have a control over the market, increased production means the price will go down and they wanted to compete with Russia and the US as they have the technology to produce at a much better rate and Saudi is implementing new strategy to have an upper hand in the long run. If you mean strategical war when it comes to oil price then it is true.

[tbterryboy]

Economical warfare never went away, there is a war going on in Syria right now that is literally fought by tens of nations, Turkey from one place, Iran from another, Russia, Saudi Arabia, three fronts inside with regime, rebels and ISIS so there is literally a million ways that war can go, but nothing like that will happen because of Oil wars.

It will be economical and it will take a lot more to bring down these nations than just oil prices going down. Is Russia and Saudis affected by this? Sure they are, however they are not idiots neither, while we were buying oil from them and they were getting richer, they invested all of their money into global companies in every nation, if one day all oil ends in Saudi Arabia and they do not make any profits from it, they will still have billions of dollars invested spread around the world.

[Arkann]

Economical warfare never went away, there is a war going on in Syria right now that is literally fought by tens of nations, Turkey from one place, Iran from another, Russia, Saudi Arabia, three fronts inside with regime, rebels and ISIS so there is literally a million ways that war can go, but nothing like that will happen because of Oil wars.

It will be economical and it will take a lot more to bring down these nations than just oil prices going down. Is Russia and Saudis affected by this? Sure they are, however they are not idiots neither, while we were buying oil from them and they were getting richer, they invested all of their money into global companies in every nation, if one day all oil ends in Saudi Arabia and they do not make any profits from it, they will still have billions of dollars invested spread around the world.

The fact is that due to what is happening today in the oil market, the Russian Federation will suffer the most.  Their oil, which is the most expensive to produce, will not be able to compete with oil from Saudi Arabia or the United Arab Emirates.  The Russian government will have to look for other approaches to sell its oil, since their oil and gas are the only sources for filling the state budget of the country.  Based on this, Russia can begin any military operations in those places where it sees fit, in order to obtain profitable dividends or conditions in order to force other countries to negotiate favorable terms of trade.  Modern warfare is not only bloodshed, but also an argument for doing business.  As an example, this is the United States and Iraq.

[stompix]

War Will start about soon...  I would Say in 7 Days.

So, one week and a few more days to let the armies mobilize and...what a surprise, no war!
No increase in oil prices back to 60$, brent is still at 30$....
What happened, how could your prophecy go wrong?  

Is Russia and Saudis affected by this? Sure they are, however they are not idiots neither, while we were buying oil from them and they were getting richer, they invested all of their money into global companies in every nation, if one day all oil ends in Saudi Arabia and they do not make any profits from it, they will still have billions of dollars invested spread around the world.

Invest their money in...wait...what money?
Russia gets money from oil and gas, without that, its economy is almost dead.
Look at the previous oil crisis
- oil goes to 30 from 70, the URSS collapses
- oil drops to 20, the first Russian default happens

They don't have anything but a reserve fund that would not be able to cover the impact from this, remember we're talking about a country which calls itself a global superpower, with huge natural resources and a GDP per capita that matches Romania or Malaysia...

Yes, they are idiots, they sell oil and import refined petroleum products, they even import mining machines and even the equipment for oil exploration.
Behind their entire propaganda, it's one of the most fragile economy in the world.

LE:
Edited with the right quote.

[Arkann]

Is Russia and Saudis affected by this? Sure they are, however they are not idiots neither, while we were buying oil from them and they were getting richer, they invested all of their money into global companies in every nation, if one day all oil ends in Saudi Arabia and they do not make any profits from it, they will still have billions of dollars invested spread around the world.

Invest their money in...wait...what money?
Russia gets money from oil and gas, without that, its economy is almost dead.
Look at the previous oil crisis
- oil goes to 30 from 70, the URSS collapses
- oil drops to 20, the first Russian default happens

They don't have anything but a reserve fund that would not be able to cover the impact from this, remember we're talking about a country which calls itself a global superpower, with huge natural resources and a GDP per capita that matches Romania or Malaysia...

Yes, they are idiots, they sell oil and import refined petroleum products, they even import mining machines and even the equipment for oil exploration.
Behind their entire propaganda, it's one of the most fragile economy in the world.

Hello my friend.  I apologize for the interference, but you were a little mistaken and expressed your opinion not on my comment, but on the comment of the person whom I addressed.  In essence, I have almost the same opinion as you regarding sources of replenishment of the state budget of the Russian Federation.  I see that the situation is getting worse all over the world, and for some countries this drop in oil prices will be catastrophic.  moreover, the consequences of the coronavirus pandemic on the economies of many countries will be even more severe.

[abhiseshakana]

For decades the Energy Policy has served as a cornerstone of Russia's foreign policy that has a national interest in making itself a peace conflict catalyst; global counterweight; out of the grip of the US and its allies; and restore himself as a superpower. During these 5 years, Russia has successfully used its geo-economic instruments to suppress Europe by repeatedly shutting oil supplies to Europe.

In the document "Main Provision of the Russsian Energy Strategy 2020" Putin will increase oil and natural gas production with the aim of developing exports, attracting FDI (Foreign Direct Investment) into the national energy sector and for better energy transportation. and in the end, it will strengthen the utilization of its energy sources and strengthen the energy industry to develop Russian political power.

Whereas in the Energy Strategy of Russia for the Period Up to 2030, it was true that income from the energy sector was used for meet Russian financial needs in developing exploration/production of new areas. Russia is trying to maximize its potential to produce energy and advance its technology and infrastructure so that its energy industry is increasingly unmatched in the World.
http://www.energystrategy.ru/projects/docs/ES-2030_(Eng).pdf

But Shale oil has changed the map of political geo-economics, geo-strategy, and global geopolitics. Since the discovery of shale oil in 2008, it has changed the US from a long-term energy beggar to become the world's largest oil producer and the US will be one of the major players in the energy sector and have the power to regulate world oil prices and geopolitical maps of the world.

[awik p]

Is Russia and Saudis affected by this? Sure they are, however they are not idiots neither, while we were buying oil from them and they were getting richer, they invested all of their money into global companies in every nation, if one day all oil ends in Saudi Arabia and they do not make any profits from it, they will still have billions of dollars invested spread around the world.

Invest their money in...wait...what money?
Russia gets money from oil and gas, without that, its economy is almost dead.
Look at the previous oil crisis
- oil goes to 30 from 70, the URSS collapses
- oil drops to 20, the first Russian default happens

They don't have anything but a reserve fund that would not be able to cover the impact from this, remember we're talking about a country which calls itself a global superpower, with huge natural resources and a GDP per capita that matches Romania or Malaysia...

Yes, they are idiots, they sell oil and import refined petroleum products, they even import mining machines and even the equipment for oil exploration.
Behind their entire propaganda, it's one of the most fragile economy in the world.

Hello my friend.  I apologize for the interference, but you were a little mistaken and expressed your opinion not on my comment, but on the comment of the person whom I addressed.  In essence, I have almost the same opinion as you regarding sources of replenishment of the state budget of the Russian Federation.  I see that the situation is getting worse all over the world, and for some countries this drop in oil prices will be catastrophic.  moreover, the consequences of the coronavirus pandemic on the economies of many countries will be even more severe.

The current pandemic seems to have caused the entire country to suffer economic setbacks. with the nature of the virus that is easily spread and has caused many victims, plus no one knows when this outbreak will end. that is what causes negative thoughts in everyone and chooses to save themselves

[Wayan_Pedjeng]

IMO, if the oil prices plunge then the chances of war should decrease. The Saudis are able to make their multi-billion USD defense purchases, only when the oil prices are high. If the brent crude plunges below $20 per barrel and stays there for a few months, then these people would be forced to cut back on their foreign interventions (especially the invasion of neighboring Yemen).

[abhiseshakana]

IMO, if the oil prices plunge then the chances of war should decrease. The Saudis are able to make their multi-billion USD defense purchases, only when the oil prices are high. If the brent crude plunges below $20 per barrel and stays there for a few months, then these people would be forced to cut back on their foreign interventions (especially the invasion of neighboring Yemen).

Besides the declining demand due to the coronavirus epidemic, in my opinion, the oil price war between Saudi Arabia and Russia is only a proxy war run by the United States through MBS to tackle Russia but it seems that Russia is not afraid of the bluff of MBS instead the United States and Saudi Arabia are now doing lobbying to President Putin. Trump took the initiative to call Putin and the two agreed to hold a repeat discussion about oil prices.

The bluff done by the United States to Russia failed miserably because, there was no relaxation at all regarding Russia because Putin's main goal was not just oil but with his bargaining power, Putin wanted the United States to reduce sanctions to several Russian allies such as the Nord Stream 2 pipeline. connecting Russia to Germany then the Rosneft agreement in Venezuela. In addition, Russia needs a market share captured by American shale oil back to Russia.

Now the choice is in Russia's hands, it will punish the US shale oil industry to stop or file sanctions for the United States.

[go1lo2va3]

IMO, if the oil prices plunge then the chances of war should decrease. The Saudis are able to make their multi-billion USD defense purchases, only when the oil prices are high. If the brent crude plunges below $20 per barrel and stays there for a few months, then these people would be forced to cut back on their foreign interventions (especially the invasion of neighboring Yemen).

And I personally don't understand how oil price could lead to the war
I mean these countries which rely on oil won't be satisfied with price and get too angry so will attack?
but thats a big loss of value to attack anyone, so I highly doubt that will happen after all

[stompix]

Besides the declining demand due to the coronavirus epidemic, in my opinion, the oil price war between Saudi Arabia and Russia is only a proxy war run by the United States through MBS to tackle Russia but it seems that Russia is not afraid of the bluff of MBS instead the United States and Saudi Arabia are now doing lobbying to President Putin.

Seriously, stop watching Russian propaganda...
Russia is a gas station that is going bankrupt.

Every time oil prices took a dive, Russia was on its knees begging.
At the end of the '80s oil went down to 20, the URSS fell apart, in the '90s oil went again to 20$,  Russia went bankrupt again.

Who the hell cares about what Russia does anymore, they are done for, with 10 million extra barrels a day and this shutdown their whole bluff of letting Europe without gas and oil scares nobody and nobody who knows how Russia lies 20 times per second believes their bravery speech.
Do you know what sanctions have done to them? They have a lower average wage right now than Romania!
The biggest country in the world with tons of resources and land, the so-called global nuclear power is earning on average what an Mc Donald's burger flipper does in one week.

Reserves?
They have already flushed down the toilet in one week 30 billion trying to prob the ruble and help Rosneft, and here you have it, from their own propaganda tabloid: https://www.rt.com/business/484229-russia-forex-reserves-fall/

Now the choice is in Russia's hands, it will punish the US shale oil industry to stop or file sanctions for the United States.

Seriously stop  

[Debonaire217]

That is a very pessimistic outlook on reality. Think about the people, politicians are trying not to induce war, it is the reason why we still soundly. Resource war is still far-fetch idea.

Corona pandemic might reduce the sign of this war, it's tough to anyone to impose anything, we don't know what things might happen after this but it's good that there's no action yet regarding to any potential wars that might take place at this moment.

Despite of this pandemic, there is still a possibility of a war, that is not caused by oil's price, but maybe the virus itself, I am pretty sure the other side of the infected country is also trying to investigate the possible sources of this virus, in that case, if it was proven that the virus is created as a bio weapon to attack US and other countries, then that is enough to justify that war should happen. I don't want this to happen, but with the action of both parties to help to stop this pandemic on the other hand is also a sign that there is unity and war should be taken over.