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Thread: Hypocrisy of Saudi Arabia

  1. #76
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    Default Re: Hypocrisy of Saudi Arabia

    Quote Originally Posted by Count Bobulescu View Post
    Last I checked Russia was the 2nd largest exporter of oil, after Saudi. I don't think they're in any urgent need of Saudi oil. You obviously don't understand how the oil market works.
    You clearly don't understand how oil pricing works. Saudi sells cheap and keeps supply up. Do you think that is good for the Russian economy ?
    “ We cannot withdraw our cards from the game. Were we as silent and mute as stones, our very passivity would be an act. ”
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  2. #77
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    Default Re: Hypocrisy of Saudi Arabia

    Quote Originally Posted by C. Flower View Post
    You clearly don't understand how oil pricing works. Saudi sells cheap and keeps supply up. Do you think that is good for the Russian economy ?

    You're deflecting! Again......
    Saudi has the decreasing capacity to influence, but not determine, the price of oil.
    But that's a diversion and not the issue you raised. You said the US wanted to prevent Saudi from selling oil to China and Russia.


    Whatever about China, Russia is in no position to buy Saudi oil whether at market price, or at discount to hold in the hope of selling at a higher price later. Depending on who is counting Russia (pop 144M, and soon to be overtaken by Mexico), is currently the 11th, 12th, or 13th, largest economy in the world, on par with South Korea (pop 51M).. Russia is in no position to corner the market on oil. If it weren't for its own oil, Russia would be long gone the way of Venezuela.
    As a general rule the most successful man in life is the man who has the best information.

  3. #78
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    Default Re: Hypocrisy of Saudi Arabia

    With friends like MBS...........


    BREAKING NOW ... WAPO'S KAREEM FAHIM in Istanbul: "Saudi Arabia seeks death penalty for five suspects in killing of journalist Jamal Khashoggi"


    As a general rule the most successful man in life is the man who has the best information.

  4. #79
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    Default Re: Hypocrisy of Saudi Arabia

    US sanctions seventeen Saudis over the Kashoggi killing
    As a general rule the most successful man in life is the man who has the best information.

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