Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress
By mmillikinAug 13, 2015, 4:00 am29 pts
by Dalan McEndree for Oilprice.com In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. In October, Saudi sources first…

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