Category Archives: oil war

Oils not well in Russia

The economic pain inflicted upon Russia, on the other hand, has been well-documented. However, despite a weakening ruble and collapsing budget revenues, Russia has been unbowed in its support for pro-Russian rebels in eastern Ukraine. Despite the ceasefire agreement signed … Continue reading

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Saudis Hurting

Low oil prices are even beginning to hurt Saudi Arabia, arguably the strongest global player to weather the oil price downturn.   The Wall Street Journal reported that Saudi Aramco is cutting costs in line with lower prices, negotiating lower … Continue reading

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oil prices drop

The drop in oil prices could be the “straw that pops the $7-trillion derivative bubble.” Can you explain the influence of oil prices on derivatives? It’s not the oil prices that are significant; it’s the change in oil prices. If … Continue reading

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