International crude oil futures prices plummeted
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Although Russia has tens of billions of dollars in foreign exchange reserves, but there still appeared nervous atmosphere. In a meeting held recently, Putin faced the local demands for money stamp with rage, this suggests that oil revenue decline has brought pain to russia. Reportedly, this early response and Putin western economic sanctions when make an empty show of strength is obviously different, he was a contemptuous disregard of sanctions, that this was just a hate detail. Not only is the Russian, America also two traditional "enemy" -- Iran and Venezuela in recent days are tough. France "Kanban" magazine quoted international strategy scholars saying, America and Saudi Arabia reached a secret agreement, hopes to use the "oil weapon" to suppress Iran and Russia, to force Iran to abandon its nuclear program, so that the two countries could not support the Syria regime of Bashar. Saudi petroleum and strategic policy outlook center president Rachid admitted that, over the past 3 months, oil prices fell sharply "is not without relations with Saudi Arabia choice". Reported that the Iran from years of economic sanctions, need oil export revenues to maintain a balanced budget. Compared with the balance point of profit and loss of $100 a barrel of crude oil has been that Russia, Iran, the international oil price shall not be less than $135, speculate that this is also the International Monetary Fund and other institutions of the two prices bottom line. 95% of export revenues from oil Venezuela last week an urgent appeal to the organization of Petroleum Exporting Countries (hereinafter referred to as the OPEC) held an emergency meeting, in response to the oil price fell heavily problem. But other members rejected the request, the reason is that next month will be held a regular meeting of opec. Venezuelan oil minister Ramirez claimed that it was all a "conspiracy", because "we determined, fall is not due to market fundamentals, but in order to create economic problems for the oil producing countries of price manipulation."