Why Saudi Arabia Has No Intention To End The Oil Glut

by Dwayne Purvis via OilPrice.com,
ZeroHedge.com
03/10/2016

In the geopolitical and oligopolistic global oil market, purely financial supply and demand has often been a secondary force, acting when it is allowed to act. It is the strategic behavior of the producing titans, not their talk or the slow-motion supply-demand balance, which has the real power to move markets. That is the case in the last two years and remains the case in 2016.

The Rest…HERE

This entry was posted on Thursday, March 10th, 2016 at 1:08 pm and is filed under Conspiracy, Corruption, Economics, Oil, World Politics. You can follow any responses to this entry through the RSS 2.0 feed.