{"id":60691,"date":"2020-03-11T14:30:51","date_gmt":"2020-03-11T22:30:51","guid":{"rendered":"https:\/\/www.cogwriter.com\/news\/?p=60691"},"modified":"2020-03-11T08:27:37","modified_gmt":"2020-03-11T16:27:37","slug":"sf-saudi-initiated-all-out-oil-war-could-lead-to-collapse-of-kingdom-itself-cogwriter-a-prelude-to-the-king-of-the-south","status":"publish","type":"post","link":"https:\/\/www.cogwriter.com\/news\/prophecy\/sf-saudi-initiated-all-out-oil-war-could-lead-to-collapse-of-kingdom-itself-cogwriter-a-prelude-to-the-king-of-the-south\/","title":{"rendered":"SF: Saudi-Initiated All-Out Oil War Could Lead To Collapse Of Kingdom Itself; COGwriter: A prelude to the King of the South?"},"content":{"rendered":"

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\n(Pixabay map)<\/em>
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COGwriter<\/a><\/p>\n

Saudi Arabia is taking steps to increase oil production:<\/p>\n

March 11, 2020<\/p>\n

OPEC kingpin Saudi Arabia unveiled plans Wednesday to dramatically ramp up oil production, raising the stakes of an all-out price war<\/a> with non-OPEC leader Russia.<\/p>\n

State-owned oil behemoth Saudi Aramco said Wednesday that it had been asked by the Saudi energy ministry to raise its production capacity to 13 million barrels per day (bpd), up from 12 million bpd at present.<\/p>\n

The oil-rich kingdom has been pumping around 9.7 million bpd in recent months, but it has plenty of spare capacity to pump more crude, with hundreds of millions of barrels also in storage.<\/p>\n

\u201cThis bold move to attempt to order production to 13 (million) barrels confirms that Saudi is trying to apply maximum pressure on both Russia and the U.S.,\u201d Cailin Birch, a global economist at the Economist Intelligence Unit (EIU), told CNBC via email on Wednesday.<\/p>\n

\u201cBy sending signals that they will flood the market as soon as possible, they may be hoping to either force Russia back to the negotiating table or to prompt a wave of bankruptcies and investment cuts in the U.S. that would have a noticeable impact on shale production,\u201d Birch said. …<\/p>\n

\u201cSaudi could probably weather the storm with oil prices below $40\/b for the rest of the year, but this will be painful for its economy as well. It appears that they\u2019re trying to shock the market quickly, in the hope that it stabilizes later in the year,\u201d the EIU\u2019s Birch said.<\/p>\n

\u201cThis is a dangerous play, though,\u201d she added. https:\/\/www.cnbc.com\/2020\/03\/11\/oil-prices-saudi-aramco-moves-to-ramp-up-production-amid-russia-feud.html<\/a><\/p><\/blockquote>\n

How dangerous might this be?<\/p>\n

Here is one view from South Front<\/em> (SF):<\/p>\n

\n

Saudi-Initiated All-Out Oil War Could Lead To Collapse Of Kingdom Itself<\/h2>\n<\/blockquote>\n

Saudi Arabia launched an all-out oil war offering unprecedented discounts and flooding the market in an attempt to capture a larger share and defeat other oil producers. This \u201cscorched earth\u201d approach caused the biggest oil price fall since the war in the Persian Gulf in 1991.<\/p>\n

It all began on March 8 when Riyadh cut its April pricing for crude sales to Asia by $4-$6 a barrel and to the U.S. by $7 a barrel. The Kingdom expanded the discount for its flagship Arab Light crude to refiners in northwest Europe by $8 a barrel offering it at $10.25 a barrel under the Brent benchmark. In comparison, Russia\u2019s Urals crude trades at a discount of about $2 a barrel under Brent. These actions became an attack at the ability of Russia to sell crude in Europe. The Russian ruble immediately plummeted almost 10% falling to its lowest level in more than four years.<\/p>\n

Another side that suffered from Saudi actions is Iran. The Islamic country is facing a strong US sanctions pressure and often selling its oil via complex schemes and with notable discounts already. …<\/p>\n

In this case, the real goal of the Saudi campaign is not only to secure larger share of the oil market and punish Moscow for its unwillingness to accept the proposed OPEC+ deal, but to deliver a powerful blow to Washington\u2019s geopolitical opponents: Russia and Iran. Pro-Western and anti-government forces existing in both Russia and Iran would try to exploit this situation to destabilize the internal situation in the countries.<\/p>\n

On the other hand, Saudi Arabia may soon find out that its actions have backfired. Such economic and geopolitical games amid the acute conflict with Iran, military setbacks in Yemen and the increasing regional standoff with the UAE could cost too much for the Kingdom itself. …<\/p>\n

On top of these, the Saudi leadership may suddenly find that the internal situation in the Kingdom is being worsened by large-scale protests rapidly turning into an open civil conflict. 03\/10\/20 https:\/\/southfront.org\/all-out-oil-war-could-lead-to-collapse-of-saudi-arabia\/<\/a><\/p><\/blockquote>\n

Before getting back to Saudi Arabia, notice the following about Russia: they also fell by more than 3%. European markets were down 2-3% in early trading.<\/p>\n

\n

Russia Targets U.S. Shale With Oil Price War<\/h2>\n

Russia refused to participate in production cuts that would reduce output by some 1.5 million barrels per day (bpd). This is a familiar attempt to protect market share and to squeeze out American shale and other higher cost producers, breaking up a quasi-cartel arrangement with the Kingdom. …<\/p>\n

What seems apparent is that the Kremlin has been planning this aggressive move against American shale producers for a while now. In October 2019, Russia\u2019s Finance Minister Anton Siluanov claimed that the country would be able to sustain<\/u><\/a> the effect of the oil price drop to $20 or $30 per barrel for three years …<\/p>\n

Hence, this is not a purely economic measure taken by the Kremlin, but rather a geopolitical one. What might have provoked Russia to retaliate against American oil producers is the U.S. sanctions imposed on Rosneft<\/u><\/a> less than a month ago for transporting Venezuelan oil, which is seen in Washington as propping up the Maduro dictatorship. …<\/p>\n

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Furthermore, the 25% plunge<\/a> in oil prices, with its negative impact on American shale producers … https:\/\/www.forbes.com\/sites\/arielcohen\/2020\/03\/10\/russia-targets-us-shale-with-oil-price-war\/#3bda9e7b59b9<\/a><\/p><\/blockquote>\n

Let me add that I have read other articles that basically state that Russia has had it with US sanctions, is upset that the US is now the world’s leading petroleum producer, it wants to regain market share, and some believe it can outlast Saudi Arabia related to lower oil prices.<\/p>\n

Getting back to Saudi Arabia, while its Kingdom may or may not collapse, the biblical reality is that it will change.<\/p>\n

And, economic pressures from lower oil prices may well be a factor.<\/p>\n

Saudi Arabia will, for a time, be part of a coming confederation that will be led by the King of the South<\/a> of biblical prophecy. Notice the following:<\/p>\n

40 At the time of the end the king of the South shall attack him; and the king of the North shall come against him like a whirlwind, with chariots, horsemen, and with many ships; and he shall enter the countries, overwhelm them, and pass through. 41 He shall also enter the Glorious Land, and many countries shall be overthrown; but these shall escape from his hand: Edom, Moab, and the prominent people of Ammon. 42 He shall stretch out his hand against the countries, and the land of Egypt shall not escape. (Daniel 11:40-42, NKJV).<\/p>\n

43 and he hath ruled over treasures of gold and of silver, and over all the desirable things of Egypt, and Lubim and Cushim are at his steps. (Daniel 11:43, Young\u2019s literal translation)<\/p><\/blockquote>\n

Before going further, it should perhaps be mentioned that the Muslim Brotherhood wants an Islamic confederation with a leader over territories like the ones that will be rued by the King of the South (watch also The Muslim Brotherhood and the Rise of the King of the South<\/a><\/span>).<\/p>\n

Some of the peoples mentioned in Daniel 11:40-43 are Arabic as the late WCG evangelist Raymond McNair once wrote:<\/p>\n

Daniel 11 also mentions some of the Mideast peoples who will be involved in that struggle among the nations at the close of this age. The belligerents will include the \u201cKing of the North,\u201d the leader of the European Union (or its final outgrowth, called the \u201cBeast\u201d). The \u201cKing of the South\u201d (an Islamic leader\u2014apparently from Egypt {or} some other Muslim state) is also referred to. The following lands\/peoples are specifically mentioned: Egypt, the Holy Land (Israel\/Palestine), the Ethiopians (modern Cushites, south of Egypt), Libya, Edom, Moab and Ammon. Many descendants of the ancient peoples known as Edomites or Idumeans now live in the West Bank, Jordan, Iraq, Turkey, Syria, Arabia, Yemen, the Persian Gulf states, etc. (McNair R. Solving the Arab-Israeli Impasse! Copyright Raymond F. McNair 2005, Church of God\u201421st Century).<\/p><\/blockquote>\n

The old Worldwide\/Radio Church of God further taught that Saudi Arabia would be part of a coalition warned about in the 83rd Psalm:<\/p>\n

They have said, Come, and let us cut them off from being a nation; that the name of Israel may be no more in remembrance. For they have consulted together with one consent: they are confederate against thee: The tabernacles of Edom [Esau or modern-day Turkey, a non-Arab but Islamic nation] and the Ishmaelites [Saudi Arabia]; of Moab [part of Jordan] and the Hagarenes [anciently these people dwelt in the land known as Syria today]; Gebal [Lebanon], and Ammon [modern Jordan], and Amalek [part of the Turks]; the Philistines [the modern Palestinian Arabs] with the inhabitants of Tyre [Lebanon]; Assur [whose descendants, the Assyrians, migrated to Germany] also is joined with them: (Stump K. The Arab World in Prophecy. Plain Truth, December 1979).<\/p>\n

Turn to the astounding prophecy found in Psalm 83:1-8. David, inspired of God, predicted the coming time when ALL of Israel\u2019s enemies would join together in an effort to crush out even the name \u201cIsrael\u201d from the face of the earth! (Verse 4) \u201cFor they have consulted together with one consent: they are confederate against thee\u2026\u201d (verse 5). Notice the nations making up this confederation. \u201cEdom [Turkey], and the Ishmaelites [Saudi Arabia]; Moab [Jordan], and the Hagarenes [they anciently dwelt in the land known as Syria today]; Gebal {Lebanon}, and Ammon [Jordan] and Amalek; the Philistines with the inhabitants of Tyre; Assur [whose descendants migrated to Germany] is joined with them; they have helped the children of Lot\u201d {Moab and Ammon in modern Jordan). Here we see that the Arab nations mentioned are allied with Germany (Assur) which we know from other prophecies will be the military leader \u2014 naturally so \u2014 of a United States of Europe\u2026Egypt\u2026will provoke the prophesied United Europe (Dan. 11:40). This European power \u2014 called the \u201cking of the north\u201d in Daniel 11 \u2026 \u201cAnd the land of Egypt shall not escape\u201d(Boraker R. SYRIA RAIDS ISRAEL \u2013 Where Is It Leading? Plain Truth. November 1966)<\/p><\/blockquote>\n

Now notice the following scriptures, which are also related to a coming King of the South<\/a>:<\/p>\n

1 The word of the LORD came to me: 2 \u201cSon of man, prophesy and say: \u2018This is what the Sovereign LORD says:<\/p>\n

\u201c\u2018Wail and say, \u201cAlas for that day!\u201d 3 For the day is near, the day of the LORD is near- a day of clouds, a time of doom for the nations. 4 A sword will come against Egypt, and anguish will come upon Cush. When the slain fall in Egypt, her wealth will be carried away and her foundations torn down. <\/strong><\/p>\n

5 Cush and Put, Lydia and all Arabia, Libya and the people of the covenant land will fall by the sword along with Egypt. <\/strong><\/p>\n

6 \u201c\u2018This is what the LORD says:<\/p>\n

\u201c\u2018The allies of Egypt will fall and her proud strength will fail. From Migdol to Aswan they will fall by the sword within her, declares the Sovereign LORD. 7 \u201c\u2018They will be desolate among desolate lands, and their cities will lie among ruined cities. 8 Then they will know that I am the LORD, when I set fire to Egypt and all her helpers are crushed.<\/p>\n

9 \u201c\u2018On that day messengers will go out from me in ships to frighten Cush out of her complacency. Anguish will take hold of them on the day of Egypt\u2019s doom, for it is sure to come (Ezekiel 30:1-9, NIV).<\/p><\/blockquote>\n

The expression \u201call Arabia\u201d would seemingly have to include Saudi Arabia. Now, since it seems more likely that the coming\u00a0King of the South<\/a> will be an Egyptian of Arabic heritage as opposed to being someone from Saudi Arabia, Saudi Arabia looks to be a supporter of the coming King of the South<\/a>.<\/p>\n

As I have written for years, the situation in the Middle East and North Africa must change for various biblical prophecies to be fulfilled.<\/p>\n

Changes will occur in Saudi Arabia and its leaders will, for a time at least, support the coming King of the South<\/a>.<\/p>\n

Properly understood biblical prophecies are coming to pass.<\/p>\n

And yes, these latest oil production moves by Saudi Arabia and Russia may well be a factor in stirring up the situation in Saudi Arabia to make temporary acceptance into the coming Islamic confederation a reality.<\/p>\n

Furthermore, we are getting much closer to the time for this to happen.<\/p>\n

Some links of related interest may include:<\/em><\/p>\n

Is the Future King of the South Rising Up?<\/a> Some no longer believe there needs to be a future King of the South. Might Egypt, Islam, Iran, Arabs, or Ethiopia be involved? Might this King be called the Mahdi or Caliph? What does the Bible say? A YouTube video of related interest may be: The Future King of the South is Rising<\/a>.
\nThe Arab and Islamic World In the Bible, History, and Prophecy<\/a> The Bible discusses the origins of the Arab world and discusses the Middle East in prophecy. What is ahead for the Middle East and those who follow Islam? What about the Imam Mahdi? What lies ahead for Turkey, Iran, and the other non-Arabic Muslims? An item of possibly related interest in the Spanish language would be: L\u00edderes iran\u00edes condenan la hipocres\u00eda de Occidente y declaran que ahora es tiempo para prepararse para el Armaged\u00f3n, la guerra, y el Im\u00e1n Mahdi<\/a>.
\nThe \u2018Peace Deal\u2019 of Daniel 9:27<\/a> This prophecy could give up to 3 1\/2 years advance notice of the coming Great Tribulation. Will most ignore or misunderstand its fulfillment? Here is a link to a related sermon video Daniel 9:27 and the Start of the Great Tribulation<\/a>.
\nIran in Prophecy<\/a> Is Iran in Bible prophecy? If so, what does the Bible teach? What names, other than Persia, may be used to describe Iran? There is also a related YouTube video titled Iran In Prophecy<\/span><\/a>.
\n<\/span>The Prophesied \u2018Islamic\u2019 Confederation<\/a> Where is an Islamic caliphate prophesied? Will one happen? Should you be concerned about it? A related video is Will an Arabic Calphiphate Destroy the West?<\/a>
\nHow Will Middle East Peace be Brought About?<\/a> Can humans bring peace to the Middle East? Here is a link to a related video: Middle East Peace? When?<\/a>
\nWhy Terrorism? Is Terrorism Prophesied?<\/a> What does the Bible teach? Which nations may be affected? Here is a link to a related sermon: Terrorism, Christianity, and Islam<\/a>.
\nThe Muslim Brotherhood and the Rise of the King of the South<\/a> The Bible tells of the formation of a power of nations that are in the Middle East and North Africa that are part of the final \u201cKing of the South\u201d (Daniel 11:40-43) The Muslim Brotherhood wishes to have an Islamic empire with basically the same nations. This YouTube video explains what to expect from such a confederation.<\/span>
\nDifferences Between Islam and the Continuing<\/em> Church of God<\/a> What are some of the main differences? Are there any similarities? A video of related interest is titled: Islam: Any Christian Concerns or Similarities?<\/a>
\nRussia and Ukraine: Their Origins and Prophesied Future<\/a> Russia in prophecy. Where do the Russians come from? What about those in the Ukraine? What is prophesied for Russia and its allies? What will they do to the Europeans that supported the Beast in the end? There is also a video sermon available: Russia in the Bible and in Prophecy <\/span><\/a>and a video sermonette available: Ukraine in Prophecy?<\/a>
\nIs Russia the King of the North?<\/a> Some claim it is. But what does the Bible teach? Here is a link to a video, also titled Is Russia the King of the North? <\/a>
\nEzekiel 38: For Russia & Iran in Our Day?<\/a> Is Ezekiel 38 about to be fulfilled? Are we close to the battle with Gog and Magog? Three related videos are available: Ezekiel 38 Gog and Magog War: Is it Soon?<\/a>, Ezekiel 38: For Russia, Ukraine, & Iran Now?<\/a>, and Russia, Iran, Syria, & the Bible (Code)<\/a>.
\nDoes God Have a 6,000 Year Plan? What Year Does the 6,000 Years End?<\/a> Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? Does God have 7,000 year plan? What year may the six thousand years of human rule end? When will Jesus return? 2027 or 20xx? There is also a video titled 6000 Years: When will God\u2019s Kingdom Come?<\/a> Here is a link to the article in Spanish: \u00bfTiene Dios un plan de 6,000 a\u00f1os?<\/a>
\nWhen Will the Great Tribulation Begin? 2020, 2021, or 2022?<\/a> Can the Great Tribulation begin today? What happens before the Great Tribulation in the \u201cbeginning of sorrows\u201d? What happens in the Great Tribulation and the Day of the Lord? Is this the time of the Gentiles? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? Who are the 144,000? Here is a version of the article in the Spanish language: \u00bfPuede la Gran Tribulaci\u00f3n comenzar en el 2020 o 2021? \u00bfEs el Tiempo de los Gentiles?<\/a> You can also see the English language sermon videos: The Great Tribulation from the Mount of Olives<\/a> and Can the Great Tribulation begin before 2020?<\/a> A shorter and newer video is: Could the Great Tribulation Begin in 2020?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

(Pixabay map) COGwriter Saudi Arabia is taking steps to increase oil production: March 11, 2020 OPEC kingpin Saudi Arabia unveiled plans Wednesday to dramatically ramp up oil production, raising the stakes of an all-out price war with non-OPEC leader Russia. State-owned oil behemoth Saudi Aramco said Wednesday that it had been asked by the Saudi […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-60691","post","type-post","status-publish","format-standard","hentry","category-prophecy"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t