RE:Saudi Arabia wants to drive oil down to $20 next yearnexthink wrote: to kill US oil shale producers.
This is what some oil analysts says.
It's going to be ugly
Well 70% of US oil shale producers are still profitable at $30. So Saudi Arabia will have to keep oil at $20 for a very longtime to kill US oil shale producers.
2016. It will be fighting war to keep market share.