OPEC countries agree to production cut

OPEC countries agree to production cut


According to other local reports, OPEC won't wait for non OPEC to cut OOTT, and the deal goes effective in January and it's for 6 months and can be extended.


archive.is/gWaqn

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rt.
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Trump should destroy this cancerous communist cartel.
We just can't have nice things.

You know that the creation of OPEC was heavily pushed by the US to establish the petrodollar monopol, right?

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Why do people get pissy about price manipulation when it happens with other companies but oil companies are a-ok?

**Rheto

Why do people get pissy about price manipulation when it happens with other companies but oil companies are a-ok?

Rhetorical question

He doesn't know because he is an uninformed cunt.

Pump Putin, Pump!

You'll be buying tendies with wheelbarrows of money.

sounds good tbh

pick one and only one petrojuden.

no it was pushed by the rothschilds, through switzerland just as the carbon tax bank is held there for tax purposes too.

it was an attempt to bankrupt society by forcing it to pay more for oil by the rothschilds based on their physics of money ideal.

The price on oil would need to be quite a bit higher for that to happen.

I'm a little high on cough medicine right now, but if I remember right it when oil was around $80-$100 that drilling efforts in the US were really very profitable.

These price adjustments will make almost no difference to the price of oil products and won't affect the US oil industry much, except to make it slightly more profitable.

dipshit

If it doesn't exist why did they murder Qaddafi?

rt. com/news/economy-oil-gold-libya/
finalcall. com/artman/publish/World_News_3/article_7886.shtml
thefreethoughtproject.com/declassified-emails-reveal-natos-true-motive-topple-gaddafi-stop-creation-gold-backed-african-currency/

Many things. Petrodollar being the least of them.
Mostly he was killed for gold standard and trying to unify Africa.

Saddam, on the other hand was killed for petrodollar.
Although it exists, it's role has been diminished over the years, as we move towards globalist markets and ultimately one world currency.

The saudis are just flailing around desperately. Their coffers are emptying at record speeds and this last desperate gamble to get oil prices higher is the final proof we needed that they are on their way out. Russia won't cut production, they will simply take market share and the saudis will continue to languish.

No more pissing on prostitutes for you cameljockeys.

Not to be reductive, but which one is it?

This.
It's not going to affect US shale production negatively to any degree, either it becomes profitable or we get cheap oil.
All this means is some goatfucking Saudi prince won't be able to afford a new fleet of gold plated sportscars or hookers to piss on.
My heart bleeds.

I still dont understand how is this considered legal?The biggest producers of X set a higher price for the product so people have to pay more.

This.
Win win for the west!

Cartels are illegal in the US. That's why DeBeers and OPEC don't do business inside the US.