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Trump has played his hand in oil price poker game - but Russia and Saudi Arabia still control the deck

Apr 06, 2020 - The Daily Telegraph (London)

There's a high-stakes poker game going on in energy markets - and no one wants to blink. For many years, a battle for dominance in the oil markets of the future has been raging between Riyadh, Moscow and Washington, as moves towards cleaner-energy production gather pace. The coronavirus crisis did not cause this clash of the oil titans, but the fallout has accelerated the war. Last week's surge in crude prices is not guaranteed to continue. In fact, oil prices could go much lower in the next few...