Saudis announce big price cuts. World oil price war.

[safeinOhio]

Down $4 to $5 on world market and down $7 to US market. Big blow to Russia as a pay back because they wouldn’t play ball with OPEC and curb production. They say they will start full production. Poor Putin.

[Takket]

1. SA vs Russia? File that under "battles i want both sides to lose"

[dhol82]

2. Whoa! This is major.

Wonder why now?

[safeinOhio]

3. Oil down already in $42 range, down from $55 a couple of

weeks ago. OPEC called for cuts and Russia said they can make $ at $45. Russia wouldn’t play ball so the Prince is calling him on it. This could kill Russian economy and sink Putin. I’d bet he cries uncle and will now cut production. May be too late.

[dhol82]

4. Damn. Looks like we are swirling down the toilet.

Scary times ahead.

[UTUSN]

5. Can these dots be connected:

1) Unconfirmed that Saudi "king" died, & Prince arrested family.
2) Oil war Saudi/Russia.
3) SHITLER wet his pants.

[safeinOhio]

6. #3

A bullseye. 😎

[tinymontgomery]

7. Paid $1.96 today

Haven't paid below $2.00 in ages.

[roamer65]

8. Next up a BIG currency war.

As economies tank, competitive currency devaluations to try to steal what is left of consumer demand.

[JCMach1]

9. $1.87 in DfW