OPEC won’t cut oil output, crude prices plummet to 4yr low

A tense atmosphere and emotions running high accompanied a meeting of the world’s leading oil producers, and it resulted in OPEC leaving production just as it is. Reaction was swift on the…

Comments

  1. Fuck OPEC and fuck Muslims!! All you Muslims have is oil and we dont need
    it no more…..now you are fucked….now you need to suck our blood and
    move to our countries because without us you are dead. You will go back to
    riding camels as you deserve. And now you cant say we invade you for your
    bitch ass oil…..because its so cheap now. I love watching the price of
    oil fall and Islamic power fall with it–thanks for all the riots over
    muhammad cartoons you assholes

  2. Every superpower in the world is dying right now america is dying from
    unemployement. China is getting fucked from pollution. 

  3. How low will oil prices have to fall until Russia runs out of money? RT
    will have to close down as journalists won’t work for nothing. I’ll have to
    get a new hobby. How sad?

  4. I would say that this is a clear sign of Saudi Arabia’s war against Russia
    and Iran….backed by the US and Israel, of course. It has absolutely
    nothing to do with shale oil in the US. Canada will suffer, of course, but
    I have no friggen pity for Harper.

  5. You don’t have to be a Chinese to understand what the intentions behind a
    free falling oil price actually are, a company run by you elsewhere does
    nicely.

  6. LOL all your begging and pleading got you nothing, RT! Maybe if Putin gets
    on his knees and kisses the shoes of King Saud he will drop production by a
    few barrels a day.

  7. OPEC is a corrupt cartel.
    The price of oil should be well below 80/barrel.
    It’s not going to fall below 80/barrel because fracking isn’t viable with
    oil below 80/barrel.

  8. You think Russian is finished? I think the jewish arab states are finished;
    the ‘dollar’ is sinking faster than the titanic, no matter what b.s stats
    lying treasury or fed try to say to the contrary!

  9. If you’re going to show a graphic on break even prices for various nations
    why not include Russia? This is Russia Today after all. Why has Russia gone
    missing?

  10. Haha…..so the shale oil “miracle” is going to turn out more like a
    nightmare for all those highly leveraged shale companies in the US.

  11. yet the price of fuel in Australia stays the same $1:50 per liter , cunts
    just rip us off the government don’t care , they get more tax on tax on
    tax fuel

  12. LMAO america is in $20 trillion debt and now they are collapsing their
    currency, I knew american’s where dumb but this takes the biscuit LMAO

  13. Russia, we got a special one-time only offer for you, and I advise you to
    take it: knock off the crap you’re pulling in Ukraine or you’ll be eating
    yak shit all throughout the Winter.

  14. Get rid of fracking anyway. It’s destroying our planet. Maybe it’s time for
    those oil companies to get those patents out on clean hydrogen fuel etc.
    they been holding back on. Peace to all.

  15. wait… Im not following this… Even with oil at a five year low, that is
    still a very premium price. Are you telling me that the price of production
    has doubled in the last decade to cause that break even point to be raised
    to high?? That is very hard to believe!

  16. IT’S ABOUT FUCKING TIME. GAS IS FINALLY BACK TO A DOLLAR IN MANITOBA. IT
    JUST GOES TO SHOW IT’S THE BIG AMERICAN OIL COMPANIES THAT INFLATE THE
    PRICE TAKING THEIR ILL-DESERVED CUT WHEN WE SHOULD BE ABLE TO GET IT FROM
    THE ARABS DIRECTLY AND ELIMINATE THE MIDDLE MAN +Lesní Samoty +Suyesnoeuds
    

  17. Who cares about OPEC RT, it won’t stop the USA from producing Shale Oil it
    a security. However this will kick Russia into nuts at least. Bye! Bye!
    Putin! 

  18. In the meantime, US is sacrificing its own ecological environment for the
    same reasons. Economic terrorism is the new cold war. Some serious global
    shit is on the horizon.

  19. So many trolls on here, yeah sure it will hurt Russia, but they have way
    more money to survive and here in the debt ridden west, we will just go
    into deeper financial bankruptcy, after all morally we are already
    Bankrupt.

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