Saudi Arabia's 2nd Trillion-Dollar Mistake -- Playing a Shell Game -- May 5, 2017 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title Saudi Arabia's 2nd Trillion-Dollar Mistake -- Playing a Shell Game -- May 5, 2017, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article my style, Article my way, Article New ways, Article their way, We write this you can understand. Alright, good read.

Title : Saudi Arabia's 2nd Trillion-Dollar Mistake -- Playing a Shell Game -- May 5, 2017
link : Saudi Arabia's 2nd Trillion-Dollar Mistake -- Playing a Shell Game -- May 5, 2017

Saudi Arabia's 2nd Trillion-Dollar Mistake -- Playing a Shell Game -- May 5, 2017

The stories now coming out: OPEC likely to extend production cuts but won't make the cuts deeper.

The initial cuts were minimal in the big scheme of things, and as we've seen, were easily made up by US shale and US Gulf of Mexico.

But now we learn that Saudi Arabia, and probably some/many/most of the others, have been playing a shell game. Saudi Arabia cut production (wink, wink) but more than made up for those cuts (wink, wink) by taking oil out of storage. In the process they actually increased exports to the US by 32% in February, 2017.

A 32% increase in Saudi imports for the US in one month is incredible (February, 2017, compared to February, 2016).

http://ift.tt/2dZyQXu

Thus Article Saudi Arabia's 2nd Trillion-Dollar Mistake -- Playing a Shell Game -- May 5, 2017

That's an article Saudi Arabia's 2nd Trillion-Dollar Mistake -- Playing a Shell Game -- May 5, 2017 This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article Saudi Arabia's 2nd Trillion-Dollar Mistake -- Playing a Shell Game -- May 5, 2017 with the link address https://mylivemyidea.blogspot.com/2017/05/saudi-arabias-2nd-trillion-dollar.html

Tweet

Subscribe to receive free email updates: