Geopolitics of the Saudi-Russian oil price war

Geopolitics of the Saudi-Russian oil price war

FPI / March 31, 2020 Analysis by Paul Crespo The ongoing oil price war between Saudi Arabia and Russia has a significant impact on U.S. national security that few in the media seem to understand. Thanks greatly to the rebirth of the domestic shale oil and gas industry, the U.S. became fully energy independent at […]

Russian oil power play targets U.S., but may backfire

Russian oil power play targets U.S., but may backfire

FPI / March 13, 2020 By Paul Crespo Russia and Saudi Arabia are now engaged in a full-scale oil price war where the ultimate target is the U.S. shale oil industry. Russia provoked this war days ago when it refused to follow OPEC+ plans to decrease production to maintain prices as the coronavirus saps demand. […]

Trump lowers the boom on Russia over support to Venezuela

Trump lowers the boom on Russia over support to Venezuela

FPI / February 21, 2020 By Paul Crespo Ostracized and considered illegitimate by the United States and most of Latin America and Europe,  Venezuela’s Maduro regime has had one constant supporter — Russia. This support has included everything from symbolic visits by Russian bombers to reported security assistance via Russian state-connected mercenaries from the Wagner […]

Next oil price war: Saudi Arabia vs Russia

Next oil price war: Saudi Arabia vs Russia

by WorldTribune Staff, April 11, 2017 With the second shale boom creating lower demand for its oil in the U.S., and new players entering the Asian market, Saudi Arabia is seen looking for a confrontation with Russia for European oil market supremacy, analysts say. Saudi is currently ranked fourth in oil supply to Europe, behind […]