Commodity Trade Mantra

Posts Tagged ‘Aramco IPO’

The Next War In Oil Prices - Saudi Arabia Vs. Russia

Europe, a very stable and surprisingly growing crude oil market, is now the stage for a possible oil price war scenario. Riyadh’s decision to change its European price setting is, however, a clear signal that there is a red line for the Oil Kingdom. No more market share will be lost without being confronted by a more aggressive and powerful Aramco establishment.

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