Interesting and I’ll watch for what you say. Neither of us can guess motives, but low prices are a tool for the Saudis. It’s clearly having an affect worldwide and in America’s oil patches.
Never trust an Arab.
I understan that most of OPEc called for cuts last November and only those with significant cash reserves resisted.
Venezuela, Iran have had a major cash problem and have had to turn to the likes of China to survive.