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To: thackney

Sorry..it was rhetorical ...global prices are mostly set by the West Texas Intermediate price index or the the Brent Crude Index or the OPEC Basket.

The Mid-East really hasn’t set raw global prices since the mid 80’s. They only open or close the spigot.


17 posted on 11/09/2014 7:20:13 AM PST by stylin19a (Obama ----> Fredo smart)
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To: stylin19a

Saudi’s prices are a set discount relative to the current price on the Dubai exchange, not a fixed dollar amount.


19 posted on 11/09/2014 12:26:30 PM PST by thackney (life is fragile, handle with prayer.)
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