You have commented 338 times on Rantburg.

Your Name
Your e-mail (optional)
Website (optional)
My Original Nic        Pic-a-Nic        Sorry. Comments have been closed on this article.
Bold Italic Underline Strike Bullet Blockquote Small Big Link Squish Foto Photo
Caucasus/Russia/Central Asia
Russia has just announced that she could live with 25 $ oil for 10 years
2020-03-11
[PUBLISH.TWITTER]
Posted by:Fred

#5  Ah'm good with it.
Posted by: Skidmark   2020-03-11 13:13  

#4  Looks like a bet that the party that promises to shut down fracking in the US will not be in power next year.
Posted by: M. Murcek   2020-03-11 12:28  

#3  Baloney: Just last year there was reported:
Russian Budget Sees Lowest Break-Even Oil Price in Over a Decade. President Vladimir Putin is not taking any chances as he sticks to a tight fiscal policy. Aug. 22, 2019 This year’s budget balances at a price of $49.20 for Urals crude. Andrei Liankevich / EPA / TASS

Russia is running a budget that breaks even at the lowest crude oil price in over a decade, Bloomberg reported Thursday.

This year’s budget balances at a price of $49.20 for Urals crude, putting it close to the bottom of the rankings of major oil producers according to that measure, Bloomberg reported.
Posted by: b   2020-03-11 11:15  

#2  Hard to tell. MBS's position didn't leave Tsar Vlad much room. He could either cave or go all in. It would appear he pushed those chips across the table and suggested the crown prince, 'Try me'.
Posted by: Cesare   2020-03-11 07:23  

#1  A magnificent bluff?
Posted by: g(r)omgoru   2020-03-11 03:08  

00:00