Oil prices see biggest drop since 1991


78 thoughts on “Oil prices see biggest drop since 1991

  1. So donald your stock market sucks.Trump. Thats making America great 😡😡🤬

  2. The fact that the shut down of much of the Chinese economy from the coronavirus has resulted in them requiring 2.5mill barrels of oil per day less and has resulted in major world oil oversupply and the price fall.
    Low oil prices are good for the economy as it reduces business input costs and increases consumers free cash.

  3. You think he would apologize for running the country in the ground.

  4. Listen people will always need oil and fuel, it’s a no lose product, it’s always in demand. Keep them low!

  5. Oil could be free and Californians will still be paying $4 a gal.

  6. So overall nothing to worry about: everything all good…..
    Good deal, i'm not worried at all now…
    It's all in how you look at it.
    "OH CRAP!! My house is on fire"
    The fire dept is on the way…
    My mortgage is high…..
    My homeowners insurance is even higher…
    Equity?? What Equity???
    Hey'' '' My house is on Fyyyeeerrrrr!!!!
    Introducing, Brother Johnny Cash.

  7. Fun Fact: Bin Salman was caught on camera at the MGM lobby being escorted out hours before the Vegas Massacre.

  8. Bad for the investors and the oil industry, good for the consumers. Either way, somebody is winning

  9. Come on electric cars these oil companies have made too much money

  10. Ha Ha on the oil companies.
    They been ripping off the public for years.

  11. How's slump trumps stock market going….down.
    Any yet another failure to America by the tRump
    The republicans TRUMPTARDS should be happy and dancing in the street with a face mask.

  12. shut up Steven Dork.. high oil prices aren't good for us or for most of the world, it's the opposite of what you're parroting

  13. Looks more like the oil barons are trying to force the world to take the loss on an over inflated price they been profiting from for generations. Do the bankers fight back, or do they say 'stop copying us!' I highly doubt this lasts, because it would be great for the country… but we got a kickass president, and these numbers.. 'Let's see what happens.'

  14. The winner is PUTIN! Thanks, trump! Hail Mother Russia! This is what trump and the GOP were paid to accomplish. Nice job, Mitch!

  15. American Nero to the rescue,
    America’s riches gifted to the few,
    The last two years of the Dow has vanished,
    Just as sanity was quarantined and banished.

  16. "It's going to disappear. One day it's like a miracle, it will disappear," Stock Market gains that is😂

  17. BUY LOW AND SELL HIGH. SOMEONE IS GONNA MAKE A LOT OF MONEY ON OIL STOCKS.🇺🇸👍

  18. Electric Vehicles, will cause the demand for Oil to drop faster than price wars, and coronavirus combined, until the whole energy paradigm shifts away from fossil fuels all together.

  19. Jim Jordan the definition of Criminal Negligence. Ohio State Coach ( Definition: Reckless disregard for the lives or safety of other persons. … "Everyone is criminally negligent who in doing anything, or in omitting to do anything that it is his duty to do, shows wanton or reckless disregard for the lives or safety of other persons.".

  20. OPEC WILL NOT honor the $30/bbl price…it's just a publicity attempt to shock the markets and bring the Russians into line… [and they'll cheat, as usual, and produce as much oil as they can]

  21. The economy is going to crash under trump just like the simpsons predicted

  22. BULLY PUTIN HAS RANSACKED VENEZUELA'S RESOURCES, FOR 20 YEARS, LEAVING PEOPLE IN ABSOLUTE POVERTY AND BEGGING OUTSIDE THEIR COUNTRY.
    HE WILL NOT WIN WITH USA, PRESIDENT TRUMP SHOULD ACT IMMEDIATELY AND TEACH HIM A LESSON SO HE GROW UP AND STOP BEING A COWARD, INTIMIDATING THE WORLD!

  23. To make America great again you first have to get rid of oil and coal… And Trump is well on his way to doing it

  24. For Donald's next trick he's going to put shale oil industries out of business

  25. After sending America into a depression Donald will then start to work on that cheaper and better healthcare he promised

  26. If you watch CNN you probably think the Dow Jones industrial average dropped two thousand points.. fake news

  27. Cause the media had used scare tactics and travel has stopped.Less fuel used. demand goes DOWN. prices DIP……………….Ya'll did this!!!!!

  28. Hillary Clinton>>> REVENGE. Hillary Clinton REVENGE!>> Hillary Clinton REVENGE!!! She has no soul, Revenge against Donald Trump, & " The Deplorables " who failed to see she would be the greatest President in American History. THis event ,paid for by Hillary Clinton!!!! " Never let a good Crisis go to waste!"

  29. Is anyone else just a little bit suspicious about the timing of the corona virus?

  30. The Saudi's pull this stunt every decade… its the only card they have to play. Lets face it without oil they are irrelevant. They lost their biggest market when the USA decided to become energy sufficient and secure. Now they have to suck up to the chinese.

  31. So the Russians are advocating for a true price discovery system as opposed to the cartels fixing prices, you would think Fox news would welcome this.

  32. Saudi Arabia can now officially go F themselves.They are and always have been market manipulators. We have our own oil. The cheaper the better because it greases our Capitalist wheels. Saudi Arabia has become rich only because they have oil and only because the West needs it. Well, we don't need YOUR oil any more. We have our own. Bye Bye Saudi Arabia…. AND Iran!

  33. Humans burning 100+MILLION barrels every day with no end in sight. Ruining the climate with gusto!

  34. hold on, Schork said Trump put sanctions on Russia's trading arm Rosneft for trading with Venezuela and a bunch of other stuff in between with Saudi Arabia lowering prices to start a price war. Then he says later it's more in the US's court then Saudi Arabia's court to change this by lifting sanctions but the reason for the sanctions by Trump is to get Russia to stop trading with Venezuela…so wouldn't the pressure be on Russia to stop trading with Venezuela? That's the point of it right? Saudi Arabia don't care as rich as they are but Russia cares about losing a fortune!

  35. So when does the price at the pump go down. It goes up dam fast when the price goes up.

  36. Let's remember that money is made and lost whether the market goes up or down.

  37. HAHAHA THE IMPEACHED DONALD TRUMP TANKED THE STOCK MARKET 🤣🤣🤣🤣🤣🤣🤣👊

  38. And the freight companies that head to Alaska still have a fuel surcharge on their prices intact from when oil was $130 a barrel. Real crooks at work. Alaska Marine Lines to be specific.

  39. Sugar high for the consumer? Fuckwit moron. Low oil prices are incredible for the world economy. Huge, unfathomable economic boost.

  40. The oil shale piping has been built. It doesn't matter if prices goes to $20 a barrel. We shut in production a while till it goes back up and then turn it back on. Oh this is payback? Moron. Russia won't cut production. It needs the money. US exports changed the game.

  41. 🐾with summer coming I sure hope the prices stay low. Hope this is due to the upcoming reconstruction of the central banking. The dollar will soon be backed by gold.🐾

  42. I'm going "Back to the future" and ignore all this with a flux capacitor….

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