too stupid for words
Saudi Uproar
- Thread starter dealmaker
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too stupid for words
OK, and where is the rest of your answer....Maybe this is the limit of your intelligent, until some leftist tweets the answer for you
OPEC's attempt to boost oil prices lasted about 96 whole hours before the reality of global recession kicked in.
Oil Edges Lower as Slowdown Concerns Eat Into OPEC-Driven Gains
https://finance.yahoo.com/news/oil-edges-lower-slowdown-concerns-235727441.html
Oil Edges Lower as Slowdown Concerns Eat Into OPEC-Driven Gains
https://finance.yahoo.com/news/oil-edges-lower-slowdown-concerns-235727441.html
Biden to ‘Re-Evaluate’ Relationship With Saudi Arabia After Oil Production Cut
Angered by the kingdom’s decision to team up with Russia to slash petroleum output, the president signaled openness to retaliatory measures proposed in Congress, including a halt to arms sales and a new antitrust measure.
https://www.nytimes.com/2022/10/11/us/politics/biden-saudi-arabia-oil-production-cut.html
Angered by the kingdom’s decision to team up with Russia to slash petroleum output, the president signaled openness to retaliatory measures proposed in Congress, including a halt to arms sales and a new antitrust measure.
https://www.nytimes.com/2022/10/11/us/politics/biden-saudi-arabia-oil-production-cut.html
Oil is up 18% in a little over two weeks. Not enough for you ? Should the US drain all it's emergency reserves here lol.
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Stopping the slide at $76 save them hundreds of millions in teh short term so that is all they wanted really. Long term oil will go down if the world slows down.