The reason the oil prices are dropping is because of the Saudi's. It's their usual oil war with Russia, the Saudi's can afford to pump out and out and out as much as humanly possible to fight competition. While Corona has been going on this little oil war has been boiling on, now the Saudi's have reached the end game. Russia will have to concede or go bankrupt.
Update: Oil Price has gone negative. I expect any minute now we’ll get news that not only the takeover is off, but Fat Mike intends to buy Mecca at a steep discount and rebrand it as a cheap retailer.
Don't worry lads and lasses, this is why they have a sovereign wealth fund. To invest in things outside of oil, it's all fine.
Actually it’s West Texas oil that has gone negative, because demand has dropped so much because of coronavirus their storage capacity is overflowing. So it’s not all the Saudis doing, but they’re probably pretty well insulated from the effects. They might wish they hadn’t kicked off their little price war with the Russians before too long though.
pretty sure Chaos commanded the French during WW2. slightest hiccup and he surrenders hiding in the hole in his garden.
Man up would you, slightest hiccup and you begin to doubt the King? Thought you were some big scary karate boy or something, grow a pair. its happening.
So realistically could this oil problem cause any problems with the takeover? I only ask questions what everyone wants to know things just never run smooth with NUFC do they. city’s went through like a fly round ****. Quick.
No it doesn't effect anything. If this has "snuck up" on anyone in the oil industry I'd laugh my balls off, they've definitely been aware this is happening.
