Energy Prospectus • Does Saudi flood market?

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Does Saudi flood market?

Posted: Mon Dec 04, 2023 7:00 pm

by Fraser921

https://youtu.be/8LTkHhDsBwo?si=6tRQcYR9t5YAEnhM

Paul Sankeys latest comments..too much production!

Re: Does Saudi flood market?

Posted: Mon Dec 04, 2023 7:50 pm

by dan_s

Answer to your question is no.
Doing anything to drive down oil prices is the LAST THING Saudi Arabia will do.

Re: Does Saudi flood market?

Posted: Mon Dec 04, 2023 10:15 pm

by Fraser921

They have done it twice before in last 10 years but common sense would suggest no