Saudi Arabia: "Don't bet on oil price going lower."

Post Reply
dan_s
Posts: 37359
Joined: Fri Apr 23, 2010 8:22 am

Saudi Arabia: "Don't bet on oil price going lower."

Post by dan_s »

The Saudi Energy Minister warned traders against betting heavily in the oil market saying he will try to make the market “jumpy” and promised those who gamble on the oil price would be hurt “like hell”.

The comments by Prince Abdulaziz bin Salman, OPEC’s most influential minister, came after a virtual meeting of a key panel of OPEC and allies, led by Russia, known as OPEC+.

https://www.hellenicshippingnews.com/sa ... like-hell/
Dan Steffens
Energy Prospectus Group
Post Reply