Vladimir Putin sitting on the “oil needle”, received a disturbing warning
About this in his Facebook said the blogger and political analyst Alexander Kovalenko.
According to him, Saudi Arabia is now trying to return the revenues from the oil, selling it a lot, but at competitive prices. And this is a very Wake-up call for the Russian Federation and Vladimir Putin.
“The efforts made by Saudi Arabia to raise the price of oil, by freezing and reducing production within OPEC, as time has shown, has failed. Stepping on the same rake, on which the Kingdom came in the 80th years of the last century, when Saudi Arabia is struggling trying to keep oil prices under $30, began the process of taking anything from the U.S. shale revolution can’t help it” – said the browser.
Kovalenko recalled that world oil prices in the range of $ 60 per barrel, but the situation may at any time to change, as the Saudis have already started to cut spending from the budget, which, like the Russian, 90% provided by revenues from oil exports and was calculated that the oil price will not be less than $80 per barrel.
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“In fact, the Saudis are not only lost on the falling price of oil, about 2% growth, got a budget deficit at nearly 5% of GDP, but lost a number of positions expansion of us shale on the market. By the way, the crisis of the 80s, the Saudis came out after the advent of the post of oil Minister Hisham Nazaire, which launched the process of building, not the containment, extraction, crashing the price of oil to $10 a barrel, but the expanding customer base for decades to come”, – he explained the trend of the oil market.
The best option inning for the market, according to experts, will increase the production of oil and dumping in the form of discounts. And then Saudi Arabia can deliver a crushing blow to Vladimir Putin and Russia.
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“Are Saudi Arabia to such a move, the question is highly relevant, because such a policy will undermine the situation on the market and will hit the largest, but also the weakest players. Such as Russia. And in this case Russia may motivate its ally in the region, Iran, to a more active phase of confrontation in the Persian Gulf”, – concluded Kovalenko in his Facebook.
We will remind, in Russia, told about the sudden decision of Putin “retires “a great leader”.
As reported Politeka, Putin merged the world of state secret: “In the USSR would be eliminated”.
Also Politeka wrote that in Europe staged an unprecedented boycott Putin: “we can not forgive…”.