Am I right in thinking the big picture here could be the Russians especially and Saudis dont like the US shale companies pumping out so much oil and taking market share and so this 'oil war' could be a planned strategy to knock out a lot of US shale producers?
That being the case I imagine it will continue for a while yet as short term pain for Russia and Saudis means long term gain.
Oil wars, page-3
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