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Oil prices plunge after OPEC+ talks break down

Oil prices plunge after OPEC+ talks break down

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6 comments

  1. Why are we ok with nations getting together to fix oil prices?

  2. They didn’t plunge…the title is misleading.
    They dropped 3%. The price per barrel is around 30$.
    It was 20$ last week.
    This stupid meeting between the Saudis and the Ruskies is a game. The saudis want the russians out of the middle east and the Russians want to dominate global oil supply. At the end they’ll meet in the middle and destroy the oil industry everywhere else except their own countries. It cost very little to produce oil in both countries, their oil companies can last a few years with low oil prices. I am not sure about their countries but in the end they’ll wipe out the competition.

  3. It’s amazing for the consumer however at this point pretty useless, we have cheap gas and we can’t go anywhere.

  4. This is the right time to go on long drives but there is a lockdown here.

  5. SOB my oil stocks are gonna get hammered

  6. I thought this was about cooking oil because we are all at home cooking.

    had the lube joke ready and all..

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