Finance & Fury Podcast

Welcome to Finance and Fury, The Say What Wednesday Edition Question from one of my friends – What is happening to oil prices? Is it a time to buy oil linked companies due to large losses? Over the past few days the price of oil has plummeted On Monday - the Brent has dropped as much as 31% to just $33 one of the most dramatic bouts of selling ever and is the biggest one-day drop in Brent on record Goldman's shocking price target cut, which now expected Brent dropping into the $20s What is going on - Oil pricing war between Russia and Saudi Arabia – See different headlines – Putin Launches "War On US Shale" After Dumping Mohammed bin Salman & Breaking Up OPEC+ Saudi Arabia Starts All-Out Oil War: MbS Destroys OPEC By Flooding Market, Slashing Oil Prices Truth is somewhere in the middle – OPEC and Russia oil price war – with the US industry as potential targets   Important first step when looking at oil price OPEC - The Organisation of the Petroleum Exporting Countries - intergovernmental organisat