Tag Archives: oil glut

Oil Prices Drop, EU Leaders Want End To War On Russia, Texas Reels

Francois Hollande suggests sanctions on Russia should be lifted | Daily Mail Online: Germany is eager to stop the charade, too.  The demonization of Putin and then replacing him with an oligarch who would dismember and sell off Russia, has failed miserably.  Putin is now coping with a global sudden oil futures ‘glut’.  That is, the futures bidders thought Russia would be knocked out of world markets last fall, bid up future prices which now are nosediving, driving many speculators into bankruptcy.

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