Oil Price - The Oil Price War: A 3-Ring Circus

Summary

• U.S., Russia, Saudi Arabia not on the same page.
• Virtual meeting on April 9th does not include the U.S. or Canada.
• Russia refused to cut production March 6th but blamed Saudi Arabia for the oil price war.
• Saudi Arabia called Russia dishonest.
• U.S. has threatened to use tariffs or worse if Saudi Arabia continues to flood oil markets, but the end appears short as storage fills up.

https://seekingalpha.com/article/4336543-oil-price-war-3-ring-circus?utm_medium=email&utm_source=seeking_alpha&mail_subject=must-read-shopify-s-plummet-investors-opportunity&utm_campaign=nl-must-read&utm_content=link-9