Thursday, November 6, 2014

Saudis Determined to Keep Market Share Against Upstart U.S. Shale Drillers


Saudis Determined to Keep Market Share Against Upstart U.S. Shale Drillers:  Saudi Arabian Oil Co. lowered the cost of its crude to the U.S., where production is the highest in three decades, deepening a selloff that sent prices to the lowest in three years. 
http://www.bloomberg.com/news/2014-11-04/saudis-lower-crude-prices-to-u-s-in-december-amid-shale-boom.html

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