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Looming oil value hit which can trigger the following universal recession

Looming oil value hit which can trigger the following universal recession

When Mohammed bin Salman (MBS) rounded up further than a 100 of Saudi Arabia’s richest businessmen, Businessmen & members of the royal family & imprisoned them in the comparative luxury of Riyadh’s Ritz-Carlton, cheering the crown prince on from the sidelines was 1 Donald Trump.
“Some of those they are harshly handling have been ‘milking’ their country for years!”, he tweeted.
He didn’t tell exactly that he meant, however he have to surely have had primarily in mind Prince Alwaleed bin Talal, a Saudi royal that likes to think of himself as the Warren Buffett of Arabia, with a string of clearly successful western investments to his name, involving substantial stakes in Citigroup and, until extremely recently, Rupert Murdoch’s 21st Century Fox.
When donald Donald trump essentially went bust in the recession of the early Nineties, Alwaleed helped bail him out with

Iran’s light oil price

DOE forms team to explore oil value hikes

MANILA, Philippines — Energy Secretary Alfonso Cusi has assembled a task force to investigate the successive oil value hikes implemented with petroleum companies in the past 5 weeks.
The move to reconvene the task force, however, Information Systems an initiative with the DOE, the energy chief said.
The DOE-DOJ Task Force was 1st convened in 2009 to set if oil companies can be held criminally liable for not reflecting true oil prices.
Prior to this, gasoline prices were lifted for the whole 30 days of July, August & 2 weeks in September.
In particular, the DOE going to investigate if there are market abuses being employed with oil companies, Fuentebella said.

 

 

collected by :Jack Alex

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