Oil Market Crash: Why Start a Price War Now?

Oil prices have collapsed due to the Saudi Arabia/Russia price war and the ongoing COVID-19 outbreak. On this episode we discuss the possible motivations behind why Russia and Saudi Arabia are threatening to ramp up their production and start a price war now, especially in the face of a already high degree of uncertainty for oil demand from the spreading Coronavirus. We cover the serious implications for oil and gas producers around the globe, including in the United States and Canada, and what signposts to watch for next.

See ARC’s latest commentary “The Art of The Price War.”

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