Commodity Trade Mantra

Posts Tagged ‘Market Share’

Why Saudi Arabia Just Boosted Oil Production To A Record High

The problem for oil producers and investor is that the Saudis are not acting in isolation. The combination of rising U.S. production and rising Saudi production can only be bearish for oil prices. The prospect of oil testing its January low should not be ruled out, especially if Iran is given the green light to ramp up exports.

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