Let’s make a few things clear about the oil price war: how it began, how it developed and what we can expect further. The oil price war started with Russia refusing to reduce oil production. It developed when Saudi increased production. It will hopefully end with Donald Trump tweet saying that he had a conversation with Saudi Arabia prince and Vladimir Putin and they hopefully will reduce the oil production by 10 to 15 million barrels per day. Let’s hope that is true and we can see oil companies succeed again.

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