Russia is worried about a repeat of the USSR’s collapse due to declining oil prices. A few weeks before talks between US President Trump and Russian President Putin, the Russian Central Bank alerted the Kremlin to the possibility of a prolonged drop in oil prices, similar to the one t... #Iraq #Oilmining #OilPrices #OilProductionRussia #OPEC #RussianEconomy
Saudi Arabia threatens to collapse oil prices to $50, which will hit Russia’s profits. Saudi Arabia will collapse oil prices to $50 per barrel if OPEC+ member countries continue to violate production limits, the country’s oil minister, Abdelaziz bin Salman, warned during a confere... #Iraq #Kazakhstan #Oilmining #OilPrices #OPEC #RussianOil #SaudiArabia
