Oil prices (along with prices of many other commodities) have fallen
dramatically since last summer. Some observers are waiting to see if
Saudi Arabia responds with significant cutbacks in production. I say,
don’t hold your breath. Source: FRED.Related: Is the Oil Price Slide
Nearing an End?When oil demand fell in the 1981-82 recession, the Saudis
cut production by 6 million barrels a day in an ef
OilPrice.com Daily News Update
http://oilprice.com/Energy/Oil-Prices/How-And-When-Will-Saudi-Arabia-Respond-To-Low-Oil-Prices.html
No comments:
Post a Comment