In the Saudi v Russia oil war that has been there for over a month, Russia leo wameinua mikono after Saudi produced a record US$ 12 million barrels today. Russia has said its not profitable to increase the output. However, Saudi are not relenting in this war despite having no buyers for its oil and its newly hired oil ships with no destination.
Major casualties of this price war include the US who for 10 years played a high stakes game of chicken with Russia and Saudi- and kept winning. Texans are now pleading for mercy as some of their companies have started filing for bankruptcy. In Canada, a barrel of oil is now cheaper than beer.
Waiting to see the reduction of fuel in Kenya come 15th
Major casualties of this price war include the US who for 10 years played a high stakes game of chicken with Russia and Saudi- and kept winning. Texans are now pleading for mercy as some of their companies have started filing for bankruptcy. In Canada, a barrel of oil is now cheaper than beer.
Waiting to see the reduction of fuel in Kenya come 15th