SAUDI ARABIA DECLARES OIL WAR WITH $25 PER BARREL

Highlights: 

• Russia and Saudi Arabia had a fall out on the issue of cutting oil production further 
• Saudi Arabia goes on a free production 
• Gets ARAMCO to overproduce to beat Russia in the oil global market 

It’s a war of liquid gold that Saudi Arabia has declared with Russia. Angered with Russia’s refusal to cut production lower and its usage of the OPEC....