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To: nickcarraway

Maybe exagerration...I believe ‘a tiff’ is a dog and pony show. OPEC+ cuts are partially the reason why US exports to their traditional markets. US exporters are filling the void. Do you think US exporters would be solvent under $30 per barrel?
Not to mention Russia has little mechanisms to enforce cuts. Most of its exports are by private company who might obey the cuts or might ignore.


6 posted on 03/08/2020 9:15:58 PM PDT by NorseViking
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To: NorseViking
Look, last time Russia agreed to the cuts, they just never followed through. And Saudis know it. So, Russia nixed the cuts just to insult the Saudis, and they returned in kind. But, in reality, it dropped too far, unless it turns out Coronavirs will be much worse.

The U.S. can weather the cuts better than MBS. He has cousins to pay. And they might get angry if their envelope is light.

10 posted on 03/08/2020 9:20:48 PM PDT by nickcarraway
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To: NorseViking
Maybe exaggeration...Most of its exports are by private company who might obey the cuts or might ignore.

Do you speak with...Russian accent?

23 posted on 03/08/2020 9:36:14 PM PDT by FreeReign
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To: NorseViking
Where do you live?

Norway?

45 posted on 03/08/2020 10:10:47 PM PDT by Osage Orange (Whiskey Tango Foxtrot)
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