“Russian Urals oil dropped to $50 a barrel on Friday. A disaster for Putin.”
He has been drawing the old age pension fund to pay for the war.
Disaster for Russia.
Putin’s oil will be selling for $45 a barrel by the end of the week. A nightmare for Russia.
IIRC Texas back in the 80s oil was $40-50 a barrel, that was good price for everyone producers and consumers, now 45 years later not so much probably.