Will There Be Another Oil Price War?

[jace lau + 2]

Behind the recovery is an easing global supply glut, and nations beginning to relax lockdown restrictions that have crippled oil-intensive sectors like transport and manufacturing. Yet some analysts warn that the market remains vulnerable to a much-feared second wave of coronavirus infections, and subsequent lockdowns.

https://www.investreader.com/topics/NLn3n2zdk6U

So. Will There Be Another Oil Price War?

[Gerry Maddoux + 3,627]

7 hours ago, jace lau said:

So. Will There Be Another Oil Price War?

Not unless the Saudis want to go bankrupt faster than they are now. 

And Russia is on her hind foot--perhaps heading for a repeat performance of 1992.

It would be a race to the bottom