RE: Updates6 Apr 2020 16:59
The Saudis, Russians and old Trumpy all need Oil up from these levels...its doing nobody any favours, Russians just about getting by but losing billions.. The Saudis need $40 to break even so they are losing 10's of billions and Trump is under pressure from US shale to stop it going belly up.... Welcome to the party so add $10-15bucks to a barrel by cutting output and they all benefit & save Face.