Posts Tagged
may not feel able to defy Trump’s desire for lower oil prices because the White House supported him in the aftermath of the Khashoggi killing
Oil Market Hinges on Saudi Dilemma: Bust Budget or Anger Trump?
published Nov 29, 2018, 6:01:02 PM, by Javier Blas (Bloomberg) — The choice facing Saudi Arabia at next week’s OPEC meeting is dramatic: cut oil production and enrage Donald Trump, or keep pumping and risk ultra-low prices blowing up its economy. For Mohammed bin Salman, the kingdom’s crown prince and