What do you think about the deal between Russia and Saoudi Arabia for the oil?

Trading Discussion News and Economy
1

What do you think about the deal between Russia and Saoudi Arabia for the oil?

2

If it goes through, the global economy is temporary stabilizing.

3

Thanks for sharing your view, the deal would indeed stabilize the economy. Especially it will ease the pressure on various cases, with the Syrian issues in mind and the Russians will most likely come to terms. Over the weekend I found this informative article on the topic, it really provided me with lots of insights. Saudi Arabia Russia Oil Deal (VIDEO) - AtoZ ForexAtoZ Forex

4

it looks only euro is unstable .

5

I think it is good for a free market economy.

6

It surely is good for free market economy. Although there are still parties involved who are manipulating the given market. Take for example the Azerbaijan case, I read about this a day ago on The Oil Drama of Azerbaijani Manat Deflation - AtoZ ForexAtoZ Forex , the country devaluated its currency to adjust the the low oil prices, creating a national chaos. How stabile is the world, aside the unstable euro.