RUSSIA AND SAUDI ARABIA LOOK TO BE IN WAR –LIKE CONDITIONS OVER CRUDE PRICES FOLLOWING NEW CORONAVIRUS ( COVID-19 ) OUTBREAK . THIS SCENARIO CAN LIKELY GENERATE CONCERN FOR THE U.S. ENERGY COMPANIES , CALLING UPON THE U.S. TO ADDRESS THE EMERGING CONCERN.
According to news reports in first week of March 2020 , new Coronavirus ( COVID-19 ) across the world looks to be fueling war-like conditions in the energy sector because falling oil prices can be attributed to it. Russian President Putin is reported to have rejected proposal of OPEC to cut production of crude oil. This has sparked oil price war between Russia and Saudi Arabia. The latter has responded by deciding to reduce the crude prices substantially and to increase the production. The energy titan Saudi Aramco has reportedly said that it will boost its supply of crude oil to 12.3 million barrels per day in April , flooding markets as it escalates a price war with Russia. Obviously , these circumstances can have the potential to give a push to trading war in energy sector in the Middle-East involving other countries like the US as well. In the opinion of some analysts , the scenario can impact the U.S. energy companies as well. In this context , it may be apt to refer readers to this Vedic astrology writer’s predictive alerts of 11 November 2019 through the article –“ Astrological probable alerts for 2020” – published on 1 January 2020 at wisdom-magazine.com/Article.aspx/5176/. The following text in the said article had on 11 November 2019 precisely alerted that which is coming to a pass in March 2020 :-
“ PREDICTIVE CONCLUSIONS.
4. The months of April to June , particularly May-June 2020 , look to be trending into the scene some serious landscapes. There could be some war or war-like conditions across the world , which the U.S. may be called upon to address. Sea or oil regions or such stuff seems to be calling attention. More care and appropriate strategy may be taken during April to June , particularly May-June in 2020 , against spill or loss of such stuff as are known for repugnant and repulsive smell through air passage. It may be alright to take pre-emptive measures against potential leakage or spill of oil-gas , dangerous energy resources in vulnerable regions or locations during said period of time. Economy may pose a huge concern during the said period. ………………Industrial or manufacturing engine could halt for the time being. Energy resources , aviation sector could be either hit or face serious issues and roadblocks.”
RUSSIA AND SAUDI ARABIA LOOK TO BE IN WAR –LIKE CONDITIONS OVER CRUDE PRICES FOLLOWING NEW CORONAVIRUS ( COVID-19 ) OUTBREAK . THIS SCENARIO CAN LIKELY GENERATE CONCERN FOR THE U.S. ENERGY COMPANIES , CALLING UPON THE U.S. TO ADDRESS THE EMERGING CONCERN.
According to news reports in first week of March 2020 , new Coronavirus ( COVID-19 ) across the world looks to be fueling war-like conditions in the energy sector because falling oil prices can be attributed to it. Russian President Putin is reported to have rejected proposal of OPEC to cut production of crude oil. This has sparked oil price war between Russia and Saudi Arabia. The latter has responded by deciding to reduce the crude prices substantially and to increase the production. The energy titan Saudi Aramco has reportedly said that it will boost its supply of crude oil to 12.3 million barrels per day in April , flooding markets as it escalates a price war with Russia. Obviously , these circumstances can have the potential to give a push to trading war in energy sector in the Middle-East involving other countries like the US as well. In the opinion of some analysts , the scenario can impact the U.S. energy companies as well. In this context , it may be apt to refer readers to this Vedic astrology writer’s predictive alerts of 11 November 2019 through the article –“ Astrological probable alerts for 2020” – published on 1 January 2020 at wisdom-magazine.com/Article.aspx/5176/. The following text in the said article had on 11 November 2019 precisely alerted that which is coming to a pass in March 2020 :-
“ PREDICTIVE CONCLUSIONS.
4. The months of April to June , particularly May-June 2020 , look to be trending into the scene some serious landscapes. There could be some war or war-like conditions across the world , which the U.S. may be called upon to address. Sea or oil regions or such stuff seems to be calling attention. More care and appropriate strategy may be taken during April to June , particularly May-June in 2020 , against spill or loss of such stuff as are known for repugnant and repulsive smell through air passage. It may be alright to take pre-emptive measures against potential leakage or spill of oil-gas , dangerous energy resources in vulnerable regions or locations during said period of time. Economy may pose a huge concern during the said period. ………………Industrial or manufacturing engine could halt for the time being. Energy resources , aviation sector could be either hit or face serious issues and roadblocks.”