RE:Saudi increases price of oil next month!!Saudis are providing lots of oil for RU 3rd country blends used to circumvent sanctions and reship back to the minority of the world sanctioning, at huge profit margins!!! This is Saudis way of making a cut when not directly blending or processing.
Its just the Euros and others transhipping and relabelling origin so they dont shut down its hilarious.
JTDOUBLE wrote:
The travel demands have pickup tremendously given the RCL report lately ..
Airlines adding capacity ..
We are entering the strong oil seasonality ..
Probably the reason Saudi seen the demand uptick , they will increase prices without knowing the uptick in demand..
https://finance.yahoo.com/news/saudi-arabia-unexpectedly-raises-oil-071011878.html