guess what?
Zincwarrior as well... triple whammy


Maybe Jared can assist ? He took all that Arab money
Saudi will not waste a Trump-fueled oil crisis
Riyadh issued its first warning shot the day after Trump's tariff announcement as financial markets entered freefall.
Saudi Arabia and seven other OPEC+ members caught traders off-guard with a decision to accelerate the planned unwinding of the first tranche of 2.2 million bpd of production cuts. The decision will add 411,000 bpd to global supply in May, even though the market is already well supplied.
2014 REDUX? 


The current moment might feel similar to 2014.
That year, Saudi Arabia memorably flooded the market with oil to try to overwhelm upstart U.S. shale competitors and reassert its supremacy. Brent crude prices more than halved in the six months to January 2015 to $51 a barrel, leading to a protracted slowdown in new investments.
There are certainly common elements today.
U.S. shale producers require an average U.S. oil price of $65 a barrel to drill a new well, a
survey, opens new tab conducted by the Federal Reserve Bank of Dallas showed. Western Texas Intermediate (WTI) prices traded below $60 on Wednesday.
So if oil prices persist at their current levels for a sustained period, many U.S. producers will be forced to scale back operations, especially given that drilling costs look set to rise due to Trump's tariffs on steel and equipment.