@Free_Press
This shows an important shift that has been bubbling. RU has been a repeat violator of OPEC+ agreements to manipulate the price by limiting production - Saudi's lost market share to RU cheating, RU cheating because of their inability to win a prolonged illegal war on UKR. Trump promised his US billionaire oil barons he'd pay them back by eliminating regulations and opening more drilling - another attack on Saudi's market share. Wind and solar generation are growing - more impingement on Saudi share. Saudis are seeing the limits to their Trump investment brides, it's not paying off the way he promised.
Since February, Trump and his stupid (Mexico and Canada, then April's everyone else) tariffs and his remarkably adolescent uncoordinated international dealings, I've revised my budget estimates to lower my projected 2025/2026 heating season oil fuel costs. Saudis have smarter better forecasters than me, they see the writing on the wall, too. So does every professional oil trader.
Trump is bent on wrecking EVERY nation's economy because he's a stupid self-pitying egocentric idiot. Trump is only good for Making China Great, Again.