To refresh your limited memory and intelligence.
In July our incompetent and inept President started ranting about Saudi Arabia increasing their production by 2mbd (million barrels per day). SA did not have that capacity...never have. So SA could not lower prices.
There are a number of reasons why prices are lower:
1. World economic growth is slowing...less demand.
2. US production (US not SA) is at an all time high.
3. The dollar is strong (due to Fed actions mostly, not incompetent President).
IF you are actually paying attention to what is going on OPEC and Russia are considering production CUTS, not increases.
I don't expect you or any of the other morons to understand...but there it is.