Oil price wars

Oil price wars

 

A good little video from Al Jazeera explaining the oil price war – except for the ending which  ridiculously suggests that oil can somehow be replaced with “wind energy”.  

 

 

For a more in depth take on the situation see the article by 21st century Wire:

Joint Russia-Saudi Oil Price Move Could Crush a Fragile Fracking Industry in U.S.

Meltdown

Meltdown

The Stock Market is melting down and it has only just started

 

As Gregory Mannarino indicates it is all linked to the virus. At least that is what they want you to think while they rob you. However, Russia is also putting the boot in by not cutting  oil production. Prices are being driven down.