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Here's a thought I've just had. 

Tin hat to the ready...

Covid19 is hitting the market hard, we're into a bear market around the world. 

The Saudis and Russians have created an oil price war.

I suspect that the Saudis and Russians are possibly trying to break the pricing of oil away from fiat us$ using the turmoil of Covid19 to act as a catalyst.

What do you think?

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2 hours ago, crazypabs said:

Here's a thought I've just had. 

Tin hat to the ready...

Covid19 is hitting the market hard, we're into a bear market around the world. 

The Saudis and Russians have created an oil price war.

I suspect that the Saudis and Russians are possibly trying to break the pricing of oil away from fiat us$ using the turmoil of Covid19 to act as a catalyst.

What do you think?

Not sure the Saudis are that strategic , Russians could be.

There is an oil war and consumers will benefit the most, a lot of US oil wells would be uneconomical now.

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3 hours ago, crazypabs said:

Here's a thought I've just had. 

Tin hat to the ready...

Covid19 is hitting the market hard, we're into a bear market around the world. 

The Saudis and Russians have created an oil price war.

I suspect that the Saudis and Russians are possibly trying to break the pricing of oil away from fiat us$ using the turmoil of Covid19 to act as a catalyst.

What do you think?

Oil demand has collapsed, that's all. Russia needs the revenues and can produce at lower prices so see no reason to cut production.

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  • 417 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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