Thursday, September 21, 2017

What Oil Price Band Do The Saudis Want?


INO.com Traders Blog http://ift.tt/2yggppC

Back in December, I deduced that the Saudis had budgeted a little less than $53 for oil in 2017. Their budget was based on their belief that they didn't expect to see any U.S. shale oil production response in 2017. Saudi Energy Minister Khalid A. Al-Falih said it in answer to a question in the […]

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