Demand for Saudi crude continues

The Saudis continue to post prices for their refiners and let them buy all they want at the posted prices. So far the lower price settings haven’t resulted in an increase in demand for Saudi oil, so they are free … Continue reading →

The Saudis continue to post prices for their refiners and let them buy all they want at the posted prices.

So far the lower price settings haven’t resulted in an increase in demand for Saudi oil, so they are free to alter price as desired, as previously discussed:

oct-saudi-oil

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