[The Guardian] Saudis gambling on game of oil-price chicken

« previous next »

Pages: [1] Go Down

Topic: [The Guardian] Saudis gambling on game of oil-price chicken | Larry Elliott (Read 1525 times)

0 Members and 1 Guest are viewing this topic.

[The Guardian] Saudis gambling on game of oil-price chicken | Larry Elliott

« on: March 31, 2020, 01:03:35 PM »

Saudis gambling on game of oil-price chicken | Larry Elliott

Brent crude likely to continue slide as Riyadh faces off with Russia and US

The demand for oil is falling. The supply of oil is increasing. The result – as even those with only the scantiest understanding of economics knows – is that the price of oil must be falling.

And some. The cost of Brent crude – one of the market benchmarks – fell to below $23 a barrel in early trading, the lowest it has been since the US and the UK were making preparations for the invasion of Iraq in November 2002.

Continue reading...
Source: Saudis gambling on game of oil-price chicken | Larry Elliott

Feeds culled from https://www.theguardian.com/uk/rss

Logged

Pages: [1] Go Up

« previous next »

Related Topics

Subject / Started by	Replies	Last post
Photo of 'D' Day 29-12-2012 [Chicken na Chicken] Started by clowntom Jokes and Lafta	0 Replies 3045 Views	December 29, 2012, 06:15:52 PM by clowntom
[The Guardian] US stimulus package may be massive but it won’t be enough \| Larry Elliott Started by The Guardian Corona Virus	0 Replies 1672 Views	March 26, 2020, 07:04:46 AM by The Guardian
[The Guardian] IMF has no experience of recession arriving with such ferocity \| Larry Elliott Started by The Guardian Corona Virus	0 Replies 1329 Views	April 15, 2020, 01:36:35 AM by The Guardian
Christmas: Nigerians lament increase in price of chicken Started by PulseNG General News	0 Replies 833 Views	December 25, 2021, 01:13:02 AM by PulseNG
Elliott makes goalscoring return as Liverpool see off Cardiff Started by PulseNG General News	0 Replies 883 Views	February 06, 2022, 07:00:51 PM by PulseNG
[The Guardian] A community out of time: Larry Towell’s images of Mennonite families Started by The Guardian Corona Virus	0 Replies 915 Views	April 12, 2022, 01:01:38 AM by The Guardian
[The Guardian] Larry Sultan’s painterly photographs of swimmers Started by The Guardian Corona Virus	0 Replies 893 Views	June 05, 2023, 07:00:37 PM by The Guardian
[The Guardian] Still in the game: The rapid rise of walking football – in pictures Started by The Guardian Corona Virus	0 Replies 1078 Views	August 19, 2023, 07:07:28 PM by The Guardian
[The Guardian] Avatars, karaoke and the circus: exhibition explores the concept of ‘game’ Started by The Guardian Corona Virus	0 Replies 1723 Views	November 04, 2023, 07:01:47 PM by The Guardian
[The Guardian] The big picture: Elliott Erwitt’s lifelong love of dogs Started by The Guardian Corona Virus	0 Replies 936 Views	December 12, 2023, 01:05:02 PM by The Guardian