ERHC Energy Inc (ERHE)

[Julius Erving]

"Russia Won’t Blink First In The Oil Price War"

Both Russia and Saudi Arabia are set to suffer from the oil price war, as $30 oil is below both countries’ fiscal breakevens, especially below Saudi Arabia’s $80-plus oil price breakeven.
Russia admitted this week that its revenues from oil and gas would be US$39.5 billion (3 trillion rubles) lower than planned due to the tumbling oil prices, and that Russia’s budget would be in deficit this year.

https://oilprice.com/Energy/Energy-General/Russia-Wont-Blink-First-In-The-Oil-Price-War.html

Somebody will blink, somewhere in April imo.