Oil Prices Jump. It Isn’t Just OPEC This Time.
8 Articles
8 Articles
Is A New Oil Price War Between The West And OPEC About To Break Out? - Nemos News Network
Authored by Simon Watkins via OilPrice.com, Saudi Arabia’s past oil price wars in 2014–2016 and 2020 backfired, as U.S. shale producers became leaner and more efficient. Riyadh drained hundreds of billions in reserves and faced rising fiscal deficits without achieving its goal of crippling U.S. shale. The low breakeven cost resilience of the U.S. shale sector is not quite the same as it was before. It is highly unlikely that anyone with even …
Is a new oil price war between the west and OPEC about to break out? – Oil & Gas 360
(Oil Price) – It is highly unlikely that anyone with even a modicum of intelligence has lost money in the past ten years or so by trading against the predictable thinking of those in charge of Saudi Arabia’s oil policy. Quite the reverse, in fact, with enormous profits available from the failures of the enormously well-flagged and exceptionally predictable strategy of the 2014-2016 and 2020 Oil Price Wars — launched by the Kingdom with the intent
Is a New Oil Price War Between the West and OPEC About to Break Out? - Finnoexpert
Saudi Arabia’s past oil price wars in 2014–2016 and 2020 backfired, as U.S. shale producers became leaner and more efficient. Riyadh drained hundreds of billions in reserves and faced rising fiscal deficits without achieving its goal of crippling U.S. shale. The low breakeven cost resilience of the U.S. shale sector is not quite the same as it was before. It is highly unlikely that anyone with even a modicum of intelligence has lost money in the…
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