Named the countries that Saudi Arabia threatened with the "oil war"

July 2 2020 44

In Saudi Arabia, it was outraged that some countries that had become parties to the so-called new OPEC + (OPEC ++) deal did not reach the agreed volumes of oil production cuts. According to the latest information, these include
African oil producing countries - Angola and Nigeria.

Riyadh believes that the companies of these African countries are playing a dishonest game in the oil market, which threatens not only the agreement, but the entire energy sector, which has recently stabilized. Stabilization is confirmed by oil prices. At the moment, a barrel of Brent crude is trading in the range of 40-42 US dollars.

The head of the Saudi Ministry of Energy, Prince Abdul-Aziz bin Salman, threatened Angola and Nigeria with a real "oil war." According to him, these countries should be held responsible for a dishonest game on the world market. If the international community does not take care of this, then, as the minister said, Saudi Arabia itself will take tough steps. Riyadh threatens to re-use the big discount on oil sales, which will again again jeopardize the OPEC + agreement.

According to the authorities of Saudi Arabia, "tough steps" will be directed exclusively against those countries that have not complied with obligations to reduce production volumes. However, such a statement seems to a certain degree cunning. After all, if Riyadh goes to lower prices, then this will affect not only Angola and Nigeria, but also the entire world oil industry.

For reference: the participants in the new OPEC + deal agreed to reduce production in May-June by 9,7 million barrels per day. From July 1 to the end, the reduction should be 7,7 million barrels.

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SS-18

+5

2 July 2020 12: 03

again the Saudis .. threaten the southern central, drinking juice in his quarter!)
Boratsagdiev

-14

2 July 2020 12: 03

At one time Nikita put the country on the oil needle, now the "withdrawal" is periodic.
1. Gargantua
  
  +14
  
  2 July 2020 12: 24
  
  Quote: BoratSagdiev
  At one time Nikita put the country on the oil needle, now the "withdrawal" is periodic.
  
  And then the Communists are to blame? Bravo! I don’t even know what you would do without them, who would everyone dump on? On the Pechenegs?
  1. Don
    
    +3
    
    2 July 2020 12: 32
    
    Quote: Gargantua
    And then the Communists are to blame?
    
    And these damned communists from scratch created the world's leading space industry. I’m generally silent about the huge nuclear missile arsenal of deterrence. What, nevertheless, were the nonhumans these communists. I have no words. It turns out that it is not in vain that the current patriots and foreign capitalists have abused him like that.
    1. Boratsagdiev
      
      +3
      
      2 July 2020 12: 50
      
      The nuclear missile potential began to be created under Stalin, as did the industrial one.
      And without him, Nikita would not have succeeded.
      And they forgot how many industries and projects were closed and buried under him, as well as the "wonderful" desks. the elite that he pulled into the light and which then successfully destroyed the country.
  2. Boratsagdiev
    
    -2
    
    2 July 2020 12: 47
    
    You are kind, you do not distort our ours.
    Where did you read about the communists ?!
    In the ranks of the Communist Party there were enough traitors and pests.
    Again, they distracted from constructive criticism.
    And it’s completely not funny, if you don’t understand history and economics, then you don’t need to write nonsense.
    1. zadorin1974
      
      +2
      
      2 July 2020 13: 01
      
      Dobrogo Borat. Well, at the expense of Leonid Ilyich, you can pull up by the ears with an interference. But what does the corn leader have to do with it? According to Druzhba, oil was supplied to the SEF countries at the internal prices of the USSR.
      1. Boratsagdiev
        
        0
        
        2 July 2020 13: 18
        
        Good.
        Look at the plans for oil production and familiarize yourself with the "party plans" for those years.
        Or at least go to Spitsin’s lecture.
        Unfortunately, many simple things are not so clear to many.
        Vodka, by the way, began to trade intensively with him.
        
        zadorin1974
        
        +1
        
        2 July 2020 13: 30
        
        Are you talking about Yevgeny Yurievich, a publicist teacher and just yours on the board? Strongly! With these friends, you got the exam. The production plans were really great. If it’s not difficult for you, see how many chemical plants and oil refineries were built then.
        
        Boratsagdiev
        
        0
        
        2 July 2020 15: 19
        
        You do not confuse anything about the exam and your friends? ...
2. Paranoid50
  
  -1
  
  2 July 2020 13: 01
  
  Quote: BoratSagdiev
  He planted a Nikita country on an oil needle,
  
  Therefore, he planted the Saudis. However, the uncle was not a miss.
  1. Boratsagdiev
    
    -1
    
    2 July 2020 13: 19
    
    USSR - planted.
    Indirectly became a participant in universal hysteria.
    1. Glory1974
      
      +1
      
      2 July 2020 13: 48
      
      USSR - planted.
      
      And whoever planted the USA? Incidentally, they are one of the largest oil producers.
      1. Boratsagdiev
        
        +1
        
        2 July 2020 15: 17
        
        The United States has a dollar (and this, in principle, is enough) and much more, but Russia has nothing but resources and the military-industrial complex.
        The US, on top of everything else, resells and steals oil.
3. evgen1221
  
  +1
  
  3 July 2020 03: 45
  
  The export of hydrocarbons to the west from the union was from 15 to 25% with humpback. A lot went to the CMEA countries, but for this we took a lot of things there. In the Russian Federation, exports are from 30 to 40% today. And who is denser sat still a question.
4. Sergej1972
  
  0
  
  3 July 2020 19: 47
  
  Rather, Leonid Ilyich. Active development of deposits in Western Siberia began in 1965.
Junior Warrant Officer

+3

2 July 2020 12: 04

So gasoline in Russia will rise in price again ...
1. mdsr
  
  0
  
  2 July 2020 12: 09
  
  The wholesale price on the AI-95 exchange breaks new records every day. Gas station prices will soar soon
  1. Magic archer
    
    +5
    
    2 July 2020 12: 16
    
    And this is with a constant drop in prices on the world market ... but ... Our oligarchs and others need to live deliciously and milk their people. So vote for the amendments, smile and wave
    1. kjhg
      
      +3
      
      2 July 2020 12: 21
      
      Quote: Magic Archer
      So vote for the amendments, smile and wave
      
      Well, they have already voted. Now it remains to wait for the well-deserved "gifts" from the (already officially) nullified president. In 2018, after the elections, he did not keep waiting long. Most likely, it will be the same this time.
2. parusnik
  
  0
  
  2 July 2020 12: 14
  
  And not only he ....
APASUS

+2

2 July 2020 12: 10

What tool does Saudi Arabia have in its hands? So far I only see gangs of religious fanatics sponsored by the Saudis
1. TAMBU
  
  0
  
  2 July 2020 12: 22
  
  volume of oil produced ...
  1. APASUS
    
    0
    
    2 July 2020 12: 24
    
    Quote: TAMBU
    volume of oil produced ...
    
    They will start to extract more and drop the price again, so this will affect the CA too, it makes no sense
    1. TAMBU
      
      -2
      
      2 July 2020 12: 32
      
      they will have more safety margins in the form of savings than Angola and Nigeria ... until the Arabs stop eating oysters from golden dishes, Angola and Nigeria will end in principle ...
      1. Nastia makarova
        
        -1
        
        2 July 2020 13: 18
        
        they squandered this stock faster than the rest;
        
        Astra wild
        
        0
        
        2 July 2020 16: 50
        
        Nastya, glad to see. Case comment
      2. APASUS
        
        0
        
        2 July 2020 16: 51
        
        Quote: TAMBU
        they will have more safety margins in the form of savings than Angola and Nigeria ... until the Arabs stop eating oysters from golden dishes, Angola and Nigeria will end in principle ...
        
        In Saudi Arabia, they are used to driving a Toyota Land Cruiser 200 and have long forgotten what camels look like. And in Nigeria there hasn’t been grass for 30 years already. So it’s not clear who will run out of resources faster
2. alone
  
  +2
  
  2 July 2020 12: 22
  
  Quote: APASUS
  What tool does Saudi Arabia have in its hands? So far I only see gangs of religious fanatics sponsored by the Saudis
  
  Can overwhelm the markets for Angolan and Nigerian oil with cheap oil .. And that's it ..
  1. APASUS
    
    0
    
    3 July 2020 08: 53
    
    Quote: lonely
    Quote: APASUS
    What tool does Saudi Arabia have in its hands? So far I only see gangs of religious fanatics sponsored by the Saudis
    
    Can overwhelm the markets for Angolan and Nigerian oil with cheap oil .. And that's it ..
    
    Plants are being built for oil, and not vice versa. To rebuild a plant from heavy oil to light very serious hemorrhoids. That’s why, by the way, Americans can’t refuse to buy heavy oil from Venezuela. Oil in the Angolan and Nigerian oil markets can not be cheap with oil from Saudi Arabia there’s oil, but there’s nothing to process
3. Gargantua
  
  +3
  
  2 July 2020 12: 26
  
  Quote: APASUS
  What tool does Saudi Arabia have in its hands?
  
  They will invite the president of Angola or Nigeria to their embassy and will be divided. And what, the precedent was already in Istanbul, when the Khashoggi were dismembered.
  Black humor
4. halpat
  
  +1
  
  2 July 2020 12: 55
  
  Quote: APASUS
  What tool does Saudi Arabia have in its hands? So far I only see gangs of religious fanatics sponsored by the Saudis
  
  They have three tools:
  1. Gangs of Wahhabis.
  2. Discounts on oil
  3. Complain to the white gentleman in Washington.
  
  Items 1 and 3 are now working poorly.
  Clause 2 (if I will continue), it actually means repeated self-circumcision, or rather cutting of one's own "household" into thin strollers, like a cervelat.
  we already observed this 2 months ago.
  some hopelessness ...
  
  In the best of times - he sent a couple of transport aircraft with "wild geese" and the thing is in the hat.
  But the days of Bob Denard and Michael Hoar are gone. It would be necessary to return of course.
  Only the Saudis can’t do it. Well, no way.
  1. Astra wild
    
    +2
    
    2 July 2020 17: 04
    
    How to say, how to say: if there is no Bob Dinar, then you can "feed" some religious sect and they will start riots.
5. orionvitt
  
  0
  
  2 July 2020 21: 52
  
  Quote: APASUS
  What tool does Saudi Arabia have in its hands?
  
  No tool needed. Rather, there was one, this is the patronage of the United States. But in the states now there is no time for this, the hegemon is bent under the pressure of accumulated and unresolved internal and external problems. And without America, the Saudis will be left alone, with their hostile environment, where everyone as one, sharpening their teeth. They have no allies in the Middle East, only enemies. I just want to repeat the catch phrase of the famous character, "Well, son, your Poles helped you", in our case "Yankees".
rocket757

+1

2 July 2020 12: 42

According to the Saudi Arabian authorities, "tough steps" will be directed exclusively against those countries

And "those countries" is how it worries ???
Mikhail m

+1

2 July 2020 13: 00

The war will not be against individual countries, but all against all. The oil industry of the whole world will be driven into a coffin, after which the oil prices will jump so high that industry will be there too. What will happen to the people is hard to imagine.
Junior Private

0

2 July 2020 13: 22

The top of Arab incorrectness and cheap show-offs is to threaten a polymer war from under the US military roof when the Saudis cannot defend themselves against barefoot Hussites.
ZVS

0

2 July 2020 13: 43

I think that after the recent demarche of Saudis with dumped oil prices, Saudi Arabia fell into the black list of OPEC + countries.
Gennady Fomkin

0

2 July 2020 16: 01

It seems that the Arabs ran out of money - they already don’t have enough of their own. Moreover, further development is under a big question. All engineers and technicians are expats. Or do you think the Arabs themselves know how to pump oil *?
Somewhere I met a legend that the Saudi dynasty was founded by a Jew. Officially, this, it seems, is not recognized.
Troubles, moreover, are major, they will certainly happen to them - the most diverse. What with slaves, what without.

It’s just that they will begin to work earlier themselves - they will learn earlier. Do you have to start sometime?

Well, or do not learn. They will return to the primitive communal system, there will be camels in their mouths. Total business.

They are not used to it. They have already lost many civilizations there.
Gennady Fomkin

0

2 July 2020 16: 29

Outlook for August: So, Saudi Arabia is doing very, very badly. And against this background, the statements of the Russian Energy Minister Alexander Novak that he does not see the need to further extend the hard cuts and proposes to raise production to the previously agreed values from August 1 (500 thousand barrels each for Russia and Saudi Arabia) are very alarming for them. Arabia, etc. on the list) "Do not look for malice in something that is quite understandable by stupidity." (c) Hanlon.
Gennady Fomkin

0

2 July 2020 16: 34

In June, American refineries will receive about nine million barrels of Russian oil - double the amount in March. Why the US, even in conditions of market overstocking, cannot do without supplies from Russia. After the failure of the March OPEC + meeting, Saudi Arabia decided to "punish Moscow for intractability" by flooding the markets with cheap oil. Riyadh switched to a "maximum production policy": the government instructed Saudi Aramco to increase exports by a third, from 9,7 to 12,3 million barrels per day. At the same time, the Saudis severely dumped in the European market, trying to undermine Russia's position: they offered raw materials by 10,25 , 260 dollars below the stock exchange quotations of Brent. The result, in addition to the collapse of oil prices, is the overflow of oil storage facilities around the world. March. The total imports of oil in the United States are XNUMX million barrels. Of them:

Russia - 20 million barrels

Mexico - 25 million barrels

CA - 14 million barrels

Canada - 135 million barrels

Venezuela has not carried out official deliveries since last summer. Since the beginning of 2000, deliveries have been continuously declining. Ust-Luga and Novorossiysk .... typical names of Venezuelan (Spanish-speaking) ports.
Gennady Fomkin

0

2 July 2020 16: 40

I have to tell all this to the Germans and Europeans, it turns out that the Americans cut the export of Russian energy to the EU, so that they could get more and cheaper, and I congratulate the Americans - they got into the energy cook who were sent sanctions, how they would let them drown. Nothing personal just business.

.
Astra wild

+1

2 July 2020 16: 55

Quote: Gargantua
Quote: APASUS
What tool does Saudi Arabia have in its hands?

They will invite the president of Angola or Nigeria to their embassy and will be divided. And what, the precedent was already in Istanbul, when the Khashoggi were dismembered.
Black humor

It would be interesting, but the Angolan and Nigerian presidents also watched television and would not go
EXPrompt

0

2 July 2020 20: 18

Well, I'm not surprised. In such agreements, it is a matter of time before someone will be blamed for non-compliance.