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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Breaking: Russia Indicates Interest To Halt The Global Free Fall Of Oil Prices. (1407 Views)
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Breaking: Russia Indicates Interest To Halt The Global Free Fall Of Oil Prices. by Yusuf4: 6:38pm On Apr 03, 2020 |
Russian President Vladimir Putin has indicated interest to work with the United States Government and Saudi Arabia to halt the Global fall in oil prices. The controversial leader had said he is ready to cut its production to about 10 million barrels of oil daily. Russia is willing and ready to work with the United states Government on the oil markets said Mr. Putin. You will recall that the price of oil fell globally amid rift between USA, Saudi Arabia and Russia Russia had rejected a proposal by Organization of the Petroleum Exporting Countries, OPEC (A body responsible for the petroleum policies of its 14 major oil-exporting countries) to cut 1.5 million barrels per day of is oil production. Source: http://techdesc.com/breaking-russia-indicates-interest-to-halt-the-global-free-fall-of-oil-prices/
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Re: Breaking: Russia Indicates Interest To Halt The Global Free Fall Of Oil Prices. by sapientia(m): 6:38pm On Apr 03, 2020 |
Trump tweeted yesterday that he called Russia and Saudi cos of that. |
Re: Breaking: Russia Indicates Interest To Halt The Global Free Fall Of Oil Prices. by Tpave(m): 6:40pm On Apr 03, 2020 |
Good. A huge sigh of relief for Nigeria. Diversification is the key now |
Re: Breaking: Russia Indicates Interest To Halt The Global Free Fall Of Oil Prices. by Yusuf4: 6:40pm On Apr 03, 2020 |
Dollar will soon fall be that 1 Like |
Re: Breaking: Russia Indicates Interest To Halt The Global Free Fall Of Oil Prices. by Blackfire(m): 6:41pm On Apr 03, 2020 |
This Putin is one badass 1 Like |
Re: Breaking: Russia Indicates Interest To Halt The Global Free Fall Of Oil Prices. by Nobody: 6:41pm On Apr 03, 2020 |
Dollar is crashing soon... there may be surplus dollar because the pandemic has really reduced dollar expenses. 1 Like |
Re: Breaking: Russia Indicates Interest To Halt The Global Free Fall Of Oil Prices. by ivolt: 6:43pm On Apr 03, 2020 |
Smart Putin. He knows that Coronavirus is dealing with the US and the shale industry is also getting hit. He will release the noose a bit. The end game of the price war is to destroy the US shale industry. 4 Likes |
Re: Breaking: Russia Indicates Interest To Halt The Global Free Fall Of Oil Prices. by ivolt: 6:43pm On Apr 03, 2020 |
Esseite:Dollar crash against which currency? |
Re: Breaking: Russia Indicates Interest To Halt The Global Free Fall Of Oil Prices. by Nobody: 6:47pm On Apr 03, 2020 |
ivolt: We sell crude and receive dollars.. now the use of the dollars in our economy, eg schools fees, purchases, imports etc, the pandemic is affecting international trade badly excluding petrol importation.. It would definitely make the dollar more available thereby crashing the price against the naira. So we should be looking at 300/290 to N1 soon, that's if it works out. Although fuel price might go up again. |
Re: Breaking: Russia Indicates Interest To Halt The Global Free Fall Of Oil Prices. by Yusuf4: 6:48pm On Apr 03, 2020 |
He means Dollar will come back to normal ivolt: |
Re: Breaking: Russia Indicates Interest To Halt The Global Free Fall Of Oil Prices. by 175(m): 6:51pm On Apr 03, 2020 |
Despite being a major crude exporter, Nigeria is just but a pawn to these guys. |
Re: Breaking: Russia Indicates Interest To Halt The Global Free Fall Of Oil Prices. by Yusuf4: 6:53pm On Apr 03, 2020 |
Hahahahahaha 175: |
Re: Breaking: Russia Indicates Interest To Halt The Global Free Fall Of Oil Prices. by 0m0nnakoda: 6:55pm On Apr 03, 2020 |
Yusuf4:What is "normal"? |
Re: Breaking: Russia Indicates Interest To Halt The Global Free Fall Of Oil Prices. by Ventura1: 7:05pm On Apr 03, 2020 |
Esseite: Are you a Buharist? You narration up there necessitate the question. What do you think will happen to the current fuel price by the time crude oil price increases? 1 Like |
Re: Breaking: Russia Indicates Interest To Halt The Global Free Fall Of Oil Prices. by Yusuf4: 7:10pm On Apr 03, 2020 |
Ventura1: |
Re: Breaking: Russia Indicates Interest To Halt The Global Free Fall Of Oil Prices. by Nobody: 7:35pm On Apr 03, 2020 |
Ventura1: It would go up to about 145 again.. |
Re: Breaking: Russia Indicates Interest To Halt The Global Free Fall Of Oil Prices. by Ventura1: 7:58pm On Apr 03, 2020 |
Esseite: Are you sure? I've bookmark this page |
Re: Breaking: Russia Indicates Interest To Halt The Global Free Fall Of Oil Prices. by BlackBaron: 8:35pm On Apr 03, 2020 |
Esseite:Don't lie. You failed economics while at secondary school? 1 Like |
Re: Breaking: Russia Indicates Interest To Halt The Global Free Fall Of Oil Prices. by ivolt: 9:01pm On Apr 03, 2020 |
Esseite:It will not "crash" beyond 360. The CBN was artificially propping the Naira with millions of dollar intervention before this crisis. This will be a time to freely float the Naira and get a reprieve. |
Re: Breaking: Russia Indicates Interest To Halt The Global Free Fall Of Oil Prices. by mytime24(f): 9:02pm On Apr 03, 2020 |
Watchin in7d |
Re: Breaking: Russia Indicates Interest To Halt The Global Free Fall Of Oil Prices. by Yusuf4: 9:35pm On Apr 03, 2020 |
0m0nnakoda: Dollar rate against Naira currently is N400/$ so it could come down to 360/$ |
Re: Breaking: Russia Indicates Interest To Halt The Global Free Fall Of Oil Prices. by 0m0nnakoda: 9:53pm On Apr 03, 2020 |
Yusuf4:On what basis? The bible? Or Quran? Why not 1 to 1 or 260 What exactly do you base 360 on ? |
Re: Breaking: Russia Indicates Interest To Halt The Global Free Fall Of Oil Prices. by Yusuf4: 11:02pm On Apr 03, 2020 |
I said Could sir 0m0nnakoda: |
Re: Breaking: Russia Indicates Interest To Halt The Global Free Fall Of Oil Prices. by 0m0nnakoda: 11:09pm On Apr 03, 2020 |
Re: Breaking: Russia Indicates Interest To Halt The Global Free Fall Of Oil Prices. by Yusuf4: 8:09am On Apr 04, 2020 |
Okay 0m0nnakoda: |
Re: Breaking: Russia Indicates Interest To Halt The Global Free Fall Of Oil Prices. by Yusuf4: 10:38pm On Apr 06, 2020 |
Tpave: Will they diversify |
Re: Breaking: Russia Indicates Interest To Halt The Global Free Fall Of Oil Prices. by Meti99(m): 12:51am On Apr 07, 2020 |
df |
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