GREY:STPJF - Post by User
Post by
LeGagneuron Aug 18, 2011 5:33pm
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Post# 18957970
Saudi need for oil at $85 may speed cutback
Saudi need for oil at $85 may speed cutback
Riyadh: Saudi Arabia may start cutting oil output ‘much sooner' than it did after the financial crisis in 2008 because it now needs crude prices of at least $85 (Dh312.2) a barrel to pay for spending, Sanford C. Bernstein & Co said.
https://gulfnews.com/business/oil-gas/saudi-need-for-oil-at-85-may-speed-cutback-1.850907