Oil price War will Bring real War soon in Middle east

[iv4n]

So they did go down, but a day ago you said you were paying the same.
Now, answer me a question, after this, how much trust can I put in any info you provide? 

With me it's easy, when I say I'm sure in something you can definitely trust me! When I'm not sure I never say that I am! And for the record I am sure in just few things!
Even this time I said it's my mistake, I'm not embarrassed to say that I am wrong, or that I made a mistake. I didn't claim that my information is accurate, whenever it's possible I share a source.
This is a short part about me in general, but how much can you trust me and in info I provide is up to you, and how much you know me. But I am a little guy, here is question about governments, corporations, entire media circus...and all others who use information for control, making money, for making all kind of wars, etc...

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[Vishnu.Reang]

Did anyone noticed that the Brent Crude is remaining above $30 per barrel for the past few days? A week ago, many of the analysts were predicting that it will fall below the $20 per barrel level. The West Texas Intermediate (WTI) is also staying above $25 per barrel. And this presents a very tricky situation. The vast majority of the shale oil companies in the United States will remain profitable at $20-25 levels. So if the prices remain at this level, then the primary aim of Saudi Arabia (the destruction of American shale oil business) may not be achieved.

[carlisle1]

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.

These days the price of Oil and petroleum in my country is really Low because of this Pandemic people don't really use such now and the company needs to lower their prices to compete .

I dont think that middle east will have money fofr war after such a big oil price drop

yups they cannot afford to make a war now,they will either spend the Money for their people and economy or just Hold for future use as they are really facing bad times now.

[palle11]

Did anyone noticed that the Brent Crude is remaining above $30 per barrel for the past few days? A week ago, many of the analysts were predicting that it will fall below the $20 per barrel level. The West Texas Intermediate (WTI) is also staying above $25 per barrel. And this presents a very tricky situation. The vast majority of the shale oil companies in the United States will remain profitable at $20-25 levels. So if the prices remain at this level, then the primary aim of Saudi Arabia (the destruction of American shale oil business) may not be achieved.

I have not really understood myself on the reason that the crude oil price has dropped to an extent during this covid-19 time. I'm thinking maybe demand has dropped and that is having effect on supply therefore, production is not going on as such. I don't know if my simple analysis is close to one reason because I understand that social distancing would not allow for movement and at least usage will drop in transport.

[Vishnu.Reang]

Did anyone noticed that the Brent Crude is remaining above $30 per barrel for the past few days? A week ago, many of the analysts were predicting that it will fall below the $20 per barrel level. The West Texas Intermediate (WTI) is also staying above $25 per barrel. And this presents a very tricky situation. The vast majority of the shale oil companies in the United States will remain profitable at $20-25 levels. So if the prices remain at this level, then the primary aim of Saudi Arabia (the destruction of American shale oil business) may not be achieved.

I have not really understood myself on the reason that the crude oil price has dropped to an extent during this covid-19 time. I'm thinking maybe demand has dropped and that is having effect on supply therefore, production is not going on as such. I don't know if my simple analysis is close to one reason because I understand that social distancing would not allow for movement and at least usage will drop in transport.

Well.. initial trigger was not the COVID 19 outbreak.

In March, talks for supply cuts between OPEC (led by Saudi Arabia) and Russia failed and both the sides announced that they'll be lifting the upper limits for oil production and will pump as much crude as they can. Saudi Arabia in particular claimed that they will increase the production by at least 2 million barrels per day. This caused the initial slump.

During the last week of March, lockdowns were imposed in many countries and this resulted in a sharp drop in crude oil demand. For example, the demand from Italy went down by 85%. And obviously, the crude oil prices fell like a stone.

[Fullbear2222]

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.

We here now again your accurate predict ons

[Argoo]

With the current event happening around the globe; the spread of the corona virus that affected a growing number of countries, I don't think any country would not have the capability and time to enact a war. The war in oil have been going for quite a time but, I think this pandemic stopped it even for just months because, every country needs to focus more om the welfare of their people to survive the crisis.

Wars over natural resources occur periodically and quite regularly. Recently, we have witnessed increased military tension between Venezuela and Guyana, essentially due to the discovery of large natural oil reserves in Guyana. But due to dramatic climate change, wars may also intensify over the availability of fresh water, fertile soil and even food, if humanity does not quickly address the looming threat.